Advance Wound Technologies Mid-Atlantic Inc. is focused on providing state of the art medical equipment at a low cost enabling almost anyone access to the highest quality equipment. Since the Medical equipment industry is highly fragmented, the company has aligned itself with strategic partners locally and regionally who have the expertise and knowledge to deliver the products. This extends the capabilities of both Advance Wound Technologies and is partners.
They currently offer three products all aimed at the prevention of bed sores. The Microsolo900 is the dolphin bed used in patient transporting and holding while in a hospital. The Company also offers a surgical Bed that prevents pressure sores while undergoing long surgeries, and an at-home-bed (Micro-Mini) for in home care. Financial services are also available to customers to facilitate easy acquisition of their equipment, in addition to leasing programs.
Future outlooks for the Company is very bright with the aging baby boomer population in the US expected to rise significantly. The increase in population aged over 65 is projected to be over 20 % by year 2050. This will greatly increase the demand for medical products in the future as Baby Boomers retire and life expectancy continues to rise.
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Advanced Wound Technologies, Inc. (AWTM.PK) is committed to providing the most advanced medical equipment to the health care industry at an affordable cost. To accomplish this goal, the company plans to secure marketing rights to patented medical technology, create treatment protocols using additional related products and by marketing those protocols to healthcare providers.
Currently, Advanced Wound Technologies’ business is focused on the healthcare bed market, specifically “incident rates” within the healthcare field. The Company’s range of products is used in beds, wheelchairs, operating room tables, and stretchers.
The Company has partnered with suppliers both locally and regionally who share its vision of excellence and have the knowledge necessary to deliver quality products, superior service, and innovative solutions that will help make a positive difference in today’s health care industry.
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Advanced Wound Technologies-MidAtlantic, Inc. (AWTM.PK) announced that the company plans to list on the Over-The-Counter Bulletin Board exchange in 2007. Such a decision was made per the Corporate Growth Strategy, as the company will become more transparent by uplisting to the OTCBB.
As well as greater transparency, the company will experience greater liquidity, increased access to capital markets, and increased exposure of AWTM common stock as well. Management believes that these steps will allow the company to become a leader in specialized equipment for the wound care segment of healthcare.
CEO Christopher J. Neill commented, “As expected, the move from the Pink Sheets to the Over-The-Counter Bulletin Board can be a demanding undertaking, but we’re committed to the objective of creating additional value for our shareholders. With an aggressive acquisition and roll-up plan already in place, and our expansion operations at increased levels from 2006, we feel that the time is right for our company to begin the process of registering for listing on the OTCBB. We continue to thank our shareholders for their support.”
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