Rochester, New York 12/10/2009 2:45:00 PM
News / Business

XTend Medical (PKS: XMDC) Completes Asset Purchase Agreement

XTend Medical, (PINKSHEETS: XMDC), a specialist in manufacturing and distributing the latest in telemedicine and diagnostic devices, recently announced the company has completed and signed the asset purchase agreement with BioHarp, Korea.

 

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Mr, Paul D.Lisenby, Extend Medical’s CEO recently stated.  "Mr. Lee, Mr. Friedman, and I are pleased to announce the completion of the asset purchase agreement between XTend Medical and BioHarp, Korea. The process took a little longer than anticipated but we're extremely excited to finalize this agreement and work together with Mr. Lee to begin the manufacturing, marketing, and sales of the BioHarp device. XTend Medical has an incredible asset that will insure the company's valuation moving forward. The device will, in our opinion, be known very soon as the premier medical diagnostic tool worldwide. We're thoroughly impressed with the team behind the BioHarp and are looking forward to a long lasting relationship. XTend Medical will move quickly to gain sales in Korea, China, Japan, and other countries that have expressed interest in the unit and to have a combined operation so our reach is global in nature. We anticipate the sales of the BioHarp to reach phenomenal numbers in the coming years," Mr. Paul D. Lisenby, continued.

 

Mr. Lee, CEO of BioHarp, Korea, added, "I am extremely excited about the future of the BioHarp. Our team, combined with the management of XTend Medical, will insure the company's success. We look forward to working closely with Mr. Lisenby and Mr. Friedman as we begin the manufacturing and sales process globally and deploy the BioHarp to health organizations throughout the world."

 

 

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