Audiotech Announces Expansion.Business Editors, Health/Medical Writers IDAHO FALLS Idaho Falls, city (1990 pop. 43,929), seat of Bonneville co., SE Idaho, traversed by the Snake River; inc. 1900. The chief city of the extensively irrigated upper Snake valley, Idaho Falls is the prosperous commercial and processing center of a cattle, dairy, and , Idaho--(BUSINESS WIRE)--Oct. 24, 2002 Audiotech Healthcare Corporation (PINK SHEETS: AUDJF-News) (TSX-VENTURE: AUD AUD In currencies, this is the abbreviation for the Australian Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), a leader in audiological assessment and auditory rehabilitation clinics, announced another step in its U.S. expansion program. 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. Ozzie Iadarola says: "We opened a new satellite clinic in Driggs, Idaho. Driggs is only four miles from the Wyoming boarder. Jackson Hole, Wyoming is a 40 minute drive from Driggs. The clinic is in the Teton Valley Medical Hospital Centre. This new location should prove to be very successful. "Our Rexburg, Idaho clinic, previously a satellite of our Idaho Falls clinic, is now a full fledged fledge v. fledged, fledg·ing, fledg·es v.tr. 1. To take care of (a young bird) until it is ready to fly. 2. To cover with or as if with feathers. 3. clinic, with Driggs now its satellite. "We are optimistic about the outlook for continued growth during the remainder of 2002 and throughout 2003. We positioned the company to take full advantage of the shifting demographic trends and emerging hearing aid technologies." About Audiotech: Audiotech has 11 clinics in Canada and now 3 in the U.S. -- it emerged from the difficult markets of 2000/2001 in a healthy position to move forth with its strategy of consolidating the hearing center/auditory rehabilitation clinic industry. Suitable new acquisition opportunities in the healthcare sector are again becoming plentiful. www.audiotech.org (Yahoo AUDJF.PK) Forward-looking statements in this release are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks. |
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