American Medical Technologies Announces Cooperative Agreement.Business Editors, Health/Medical Writers CORPUS CHRISTI Corpus Christi, in Christianity Corpus Christi [Lat.,=body of Christ], feast of the Western Church, observed on the Thursday after Trinity Sunday (or on the following Sunday). , Texas--(BW HealthWire)--May 22, 2001 American Medical Technologies, Inc. (Nasdaq:ADLI) announced that it has signed a cooperative agreement with CEFLA S.c.r.l. Under the agreement, American Medical Technologies was granted the exclusive rights to distribute, in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the exquisitely designed operatory equipment which CEFLA manufacturers in Italy under the Anthos trade name. An additional important element is that the parties will cooperate to integrate the five high-tech dental equipment lines of American Medical into the Anthos chairs and units. "We are excited about our new strategic alliance with CEFLA," said Ben J. Gallant, Chairman 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. . "I consider the Anthos line of operatory chairs, units, cameras and x-rays to be of very high quality and among the most beautifully styled equipment in the world. We could not be more optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op about this product line and have placed our initial order for approximately $1,000,000 of chairs and units. I am extremely pleased to have this strategic alliance with CEFLA. This is a major step toward our goal of providing 80% to 90% of the equipment used by dentists." Certain statements made in this release may constitute "forward looking statements" within the meaning of the federal securities laws. While we believe any forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. we have made are reasonable, actual results could differ materially since the statements are based on our current expectations and are subject to risks and uncertainties. These risks and uncertainties include, without limitation, the items listed or discussed in the Company's reports filed with the Securities and Exchange Commission. The Company does not undertake, and expressly disclaims any obligation, to update or alter its forward looking statements whether as a result of new information, future events or otherwise, except as required by applicable law. American Medical Technologies, headquartered in 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. , develops and manufactures advanced technologies for dentistry dentistry, treatment and care of the teeth and associated oral structures. Dentistry is mainly concerned with tooth decay, disease of the supporting structures, such as the gums, and faulty positioning of the teeth. and markets them worldwide. It is listed on the Nasdaq National Market under the symbol ADLI. Its website is found at www.americandentaltech.com |
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