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Somatic Systems, Inc. Enters Into New Branding Agreement for Physical Therapy Equipment Monday February 26, 10:42 am ET
NORTHAMPTON, MA--(MARKET WIRE)--Feb 26, 2007 -- Somatic Systems, Inc. (Other OTC:SMAS.PK - News) is pleased to announce that they have entered into a branding arrangement with Astra-Lite Inc, one of the world's leading manufacturers of work tables and equipment for physical therapy, massage, and chiropractic practices, and supplier of equipment to professional sports and Olympic athletic teams and trainers. ADVERTISEMENT
Somatic systems uses specialized Astra-Lite tables at all of their clinics and all of their Somatics professional training programs, and is also a retail distributor of their products, with sales to students and the health care practitioners comprising a significant portion of retail revenue. Under the new arrangement, all tables purchased for use and for sale will bear Somatic Systems' name, logo, website, and contact info. This is an important step in the current branding and sales strategy underway at Somatic Systems, as it will help to promote brand identity and leadership in the field.
Astra-Lite tables feature an innovative design unparalleled in the industry. Somatic Systems has worked with Astra-Lite to develop a proprietary design to meet the needs of Somatics practitioners. This patented design uses aircraft technology to combine tremendous strength with low weight and portability, making the equipment a top-seller among Somatics practitioners and professional training students. "Just as Somatic Systems' offers the best methods for pain relief and performance, we strive to offer the best products and services to our customers and students," stated Somatic Systems, Inc. Chairman and CEO Steven Aronstein. "We are pleased to be able to offer these exceptional products under our brand."
Somatic Systems has described a three-part strategy for expanding the business nationwide, including first increasing enrollment in their three-year training program, and, second, increasing the number of one-on-one sessions in their certified Somatics clinics. The third piece of this strategy is to build retail and online sales of the company's consumer and professional products, including books, CDs, and practitioner equipment. Customers pay between $500 and $1000 for Astra-Lite tables, making these products Somatic Systems' highest priced retail item.
About Somatic Systems, Inc.
Somatic Systems, Inc. is headquartered in Northampton, Massachusetts. Somatics uses a technique called Total Somatics(TM). Somatics trains and certifies clinical practitioners on how to reeducate a client's muscles and recalibrate overused or injured muscles through a simple series of training sessions and prescribed at-home movements. The Total Somatics(TM) process uses a series of movements (lasting as little as five minutes a day) that lengthen muscles back to their natural, relaxed state.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Business Description: Somatic Systems, Inc. (http://somatics.org) delivers an effective drug-free, non-surgical approach to pain relief. The Company is opening Total SomaticsTM Pain Management clinics nationwide to relieve muscular pain resulting from accident, trauma and repetitive stress, including: back pain, knee pain, joint problems, carpal tunnel, TMJ, scoliosis, bursitis, sciatica, headaches, tendonitis and more.
Primary State of Incorporation: Nevada
Country of Incorporation: USA Year of Incorporation 1987
Officers: Steven Aronstein, CEO; Katherine Kerber, Vice President
Fiscal Year End: December 31
Edgar Filing Status: Non EDGAR Filer
Sedar Filing Status: Non SEDAR Filer
Outstanding Shares: 437,204,001 as of 2006-09-12
Estimated Market Cap: Not Available Float: 101,203,989 as of 2006-09-12 Number of Shareholders of Record: 339 as of 2006-09-13
Current Capital Change:
Dividends:
Company Notes: Note=5-87 State of incorporation California changed to Nevada Formerly=Prodigy Advanced Repair Technologies Corp. until 7-97 Formerly=Collision King, Inc. until 2-04 Formerly=Great Outdoors, Inc. (The) until 8-06 Formerly=Pivotal Technology, Inc. until 8-06
Transfer Agent: Standard Registrar and Transfer Co., Inc., Draper, UT 84020
Posts: 4112 | Registered: Jun 2006
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posted
this has been a good flip from .0003 to .0005
-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
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posted
can somebody explain why it just jumped up 10x its pps? what does that mean for the bid and ask? is it just a flaw?
Posts: 155 | From: Florida | Registered: Jul 2006
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