WellTek Subsidiary MedX Limited Increases Presence in Global Market
17 Décembre 2009 - 2:30PM
PR Newswire (US)
ORLANDO, Fla., Dec. 17 /PRNewswire-FirstCall/ -- MedX Limited, the
manufacturer and global distributor of MedX®-branded medical
exercise equipment and a subsidiary of WellTek Incorporated
(OTC:WTKN) (BULLETIN BOARD: WTKN) , today announced the sale of 227
MedX exercise and medical machines to a diverse list of countries,
including Australia, Germany, India, Scotland, South Korea, Spain
and Switzerland. The recently sold MedX equipment will be used in
various medical rehabilitation and fitness facilities throughout
the aforementioned countries. Eggert Barwich, President of Barwich
Sportsgerate in Germany, said, "MedX represents the most
technologically advanced fitness, sports and medical/rehab
equipment available on the market. Our recent purchase of the MedX
machines represents our desire to provide our clientele with the
highest standard available." WellTek has been leveraging the
well-trusted MedX brand throughout the United States in growth
niche markets within the health, fitness and wellness industry. The
recent sale of equipment to several nations worldwide is part of
its greater strategy to obtain a major presence in the
international market. "MedX medical exercise equipment has long
been recognized as the gold standard in the industry, set apart
from other strength training equipment by our unique and scientific
approach to exercise," stated Larry Evans, MedX President. "We are
very pleased to have this opportunity to further establish our
brand and expand our expertise into the global health and fitness
industry." Incorporated into every MedX product is decades of
experience and millions of dollars of independent, university-based
research. Its products achieve training efficiency through
resistance curves matched to tested and proven strength profiles.
About MedX Limited MedX, Ltd. manufactures, markets and distributes
exercise and medical rehabilitation equipment to the medical and
fitness markets. MedX is credited for pioneering an entirely new
category in the medical rehabilitation and fitness equipment sector
- Medical Exercise Technology - which combines functional testing
and resistance exercise; features necessary to restore and enhance
health by effectively treating chronic neck and back pain. MedX
holds more than 30 patents on its products, which are among the
most researched in the world. Since Arthur Jones sold Nautilus in
1986 and devoted his career and money to cure back pain through his
creation of MedX, both the University of Florida School of Medicine
and the University of California in San Diego have been involved in
countless studies to validate the MedX products. In addition, more
than 75 peer-reviewed medical journal articles have been published
over the past 24 years confirming MedX's ability to significantly
decrease chronic spine-related pain issues, restore spinal
function, improve quality of life and independence, and decrease or
eliminate the need for ongoing spinal care or pain management even
after multiple failed attempts at other forms of treatment. The
proven success of MedX speaks for itself through a "Who's Who"
customer base comprised of professional sports teams; colleges and
universities - both domestic and abroad; government agencies,
including but not limited to every branch of the U.S. Armed Forces,
CIA, Department of Energy, Secret Service, FBI and the Veterans
Administration (numerous locations); Fortune 500 companies, such as
General Motors and Tyson Foods; and hundreds of medical
rehabilitation hospitals and leading wellness centers throughout
North America and around the world. About WellTek Incorporated
WellTek is a global health, fitness and wellness company that
provides solutions to help address some of the world's most
pressing and costly health challenges--obesity and chronic neck and
back pain. The Company's subsidiary, MedX Limited, manufactures,
markets and distributes the most advanced medical exercise
equipment to the medical and fitness markets. Through its wholly
owned subsidiary Pure HealthyBack, Inc., WellTek is redefining
healthcare delivery by providing health plans, self-insured
employer groups, and consumers with a viable non-surgical, lower
cost treatment for patients who are seeking lasting relief from
chronic neck and back pain. The Company also owns and operates lime
Fitness, Inc., a high-end fitness and exercise studio specializing
in lifestyle fitness coaching designed to facilitate life, image
and mind enrichment. For more information on the Company, please
visit http://www.welltekinc.com/. Certain statements contained in
this press release, which are not based on historical facts, are
forward-looking statements as the term is defined in the Private
Securities Litigation Reform Act of 1995, and are subject to
substantial uncertainties and risks in part detailed in the
respective Company's Securities and Exchange Commission filings,
that may cause actual results to materially differ from
projections. Although the Company believes that its expectations
are reasonable assumptions within the bounds of its knowledge of
its businesses, expectations, representations and operations, there
can be no assurance that actual results will not differ materially
from their expectations. Important factors currently known to
management that could cause actual results to differ materially
from those in forward-looking statements include the Company's
ability to execute properly its business model, to raise additional
capital to implement its continuing business model, the ability to
attract and retain personnel - including highly qualified
executives, management and operational personnel, ability to
negotiate favorable future debt facilities and capital raises, and
the inherent risk associated with a diversified business to achieve
and maintain positive cash flow and net profitability. In light of
these risks and uncertainties, there can be no assurance that the
forward-looking information contained in this press release will,
in fact, occur. DATASOURCE: WellTek Incorporated CONTACT: Dodi B.
Handy, President & CEO, Elite Financial Communications Group,
LLC, Twitter: dodihandy, or Kathy Addison, VP of Elite Media Group,
Twitter: kathyaddison, +1-407-585-1080, Web Site:
http://www.welltekinc.com/
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