AMT: "Power Broker" to the Global Dental Market -- Continues Shift in Business Strategy.CORPUS CHRISTI, Texas Corpus Christi is a coastal city and the county seat of Nueces CountyGR6 in the U.S. state of Texas. It is part of the region known as South Texas. -- American Medical Technologies, Inc. ("AMT See vPro. ") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ADLI) - American Medical Technologies, the leading provider of market-expansion and sales growth services for dealers and distributors in the global dental industry, is successfully continuing its gradual shift in business strategy. AMT is transitioning from an overhead-intense manufacturing model to a lean, revenue-maximizing broker of global dental products. This transition will continue over the next two quarters and is anticipated to substantially increase revenue while simultaneously providing the company significant savings of hundreds of thousands of dollars in overhead costs overhead costs see fixed costs. . By switching to this sales-focused business model, AMT has positioned itself as the critical link between manufacturers of innovative dental products and the global dealers and distributors who sell these highly desired items. Utilizing a global "hub-and-spoke" distribution system, AMT will have the capability to rapidly and efficiently introduce dental products to markets all over the world. Over the past six months AMT has expanded its dental distribution network to include 75 countries through their vast dental distribution federation. AMT is currently in negotiations with several manufacturers and anticipates introducing new products to its global brokering network in the coming months. This new approach has already received enthusiastic support from AMT's global hub partners and distributors. "Our partnership with AMT is enabling us to introduce and sell products into markets where we were unable to penetrate previously," says Jos Overmeer, President of ContrastEurope in the Netherlands. "We are very excited that AMT is providing us with the marketing support and global experience needed to help us fulfill our customers' needs around the world." "AMT's new role as a dental 'power broker' is bridging the gap between dental manufacturers and global end-users," says Judd D. Hoffman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AMT. "With our increasing revenue and declining overhead costs, we are in an excellent position to provide on-going value and growth to our shareholders." About AMT: American Medical Technologies, Inc., headquartered in Corpus Christi, Texas, with satellite offices in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , markets and sells unique dental products to the dental community through its established global federation of dealers and distributors. AMT's premier products, Contrast AM and Contrast PM, a professional tooth whitening tooth whitening Dentistry Any process is intended to whiten yellowed or stained teeth Complications Improperly applied, whiteners have been associated with tooth disintegration. See Cosmetic dentistry. product line, delivers excellent whitening whit·en·ing n. 1. An agent used to make something white or whiter. 2. The act or process of making white or whiter. Noun 1. results at low costs. AMT was incorporated in Delaware in November 1989 and completed its initial public offering in June 1991. AMT changed its name from American Dental Technologies, Inc. on July 13, 2000. The Company makes forward-looking statements in this press release and in its filings with the Securities and Exchange Commission. The Company's forward-looking statements are subject to risks and uncertainties and include information about its expectations and possible or assumed future results of operations. When the Company uses any of the words "believes," "expects," "anticipates," "estimates," or similar expressions, it is making forward-looking statements. AMT's actual results, performance or achievements could differ materially from the results expressed in, or implied by these forward-looking statements. For more detailed information relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the risks and uncertainties pertaining to these forward-looking statements, the reader is referred to the "risk-factor" section in AMT's form 10KSB KSB Kogod School of Business (American University) KSB Kelley School of Business (Indiana University) KSB Kantonsschule Am Brühl St. and other related documents filed with the Securities and Exchange Commission. |
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