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Berman Center, Inc. Completes Equity Financing and Merger with LB Center, Inc.; Specialized women's health lifestyle center goes public to spur growth, fulfill mission.


CHICAGO -- Berman Center, Inc., a broad based lifestyle company focused on women's sexual health, well being and menopause management, announced today that it has completed a merger with a wholly-owned subsidiary of LB Center, Inc. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:LBCT LBCT Little Blue Crunchy Things (band)
LBCT Light Brigade Combat Team
.PK). LB Center is a company with shares publicly quoted on the Pink Sheets Electronic Quotation Services. In connection with the merger, Berman Center also completed an equity financing Equity Financing

The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation.
 through a private placement of its common stock by Hunter World Markets, Inc. of Beverly Hills, California to support the Berman Center's expansion program.

According to Dr. Laura Berman, President of the Chicago-based Berman Center, the financing and merger transaction represents an opportunity to achieve the company's vision. "Our decision to move forward with this transaction was driven by our passion for advancing the Berman Center's mission, which is to help every woman reach their full potential, physically, mentally and spiritually," said Berman. "We are now firmly positioned to branch out nationally to provide the services and guidance that over 63 million women suffering from sexual dysfunction sexual dysfunction

Inability to experience arousal or achieve sexual satisfaction under ordinary circumstances, as a result of psychological or physiological problems.
 and 50 million women facing the changes of menopause desperately need."

The Berman Center's plans include expanding a range of upscale spa-like women's sexual health and well being clinics, initially in the suburbs of Chicago. Other initiatives by the Berman Center include continuing its outreach with the medical community and expanding its medical education courses to doctors and nurses in various markets. These courses are currently offered in Chicago and Los Angeles. In addition, Dr. Berman plans to utilize ongoing research to author new books and DVDs on the topic of sexual health and expand her newspaper and magazine columns, as well as the production of television and radio shows. The company also plans lifestyle endorsement and branding opportunities with leading pharmaceutical and consumer products companies, branded sexual function devices, as well as an array of future opportunities.

Dr. Berman is a leading expert on sex-related issues in America today. She is a clinical professor of OBGYN OBGYN Obstetrics and Gynecology  and psychiatry in the Feinberg School of Medicine The Feinberg School of Medicine is one of Northwestern University's 11 schools and colleges. It is a prestigious American medical school located in the Streeterville neighborhood of Chicago, Illinois, situated near Lake Michigan and the Magnificent Mile.  of Northwestern University. She has earned two Master's Degrees in Social Work and a Ph.D. from New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the  in Human Sexuality. Dr. Berman is also the Director for the Network for Excellence in Women's Sexual Health (NEWSHE). Her media credentials include: co-host of "Berman & Berman," on the Discovery Health Channel, radio show host, regular correspondent for "Good Morning America Good Morning America is a weekday morning news show that is broadcast on the ABC television network. The show was adapted from The Morning Exchange, a morning show created by and airing on the ABC affiliate in Cleveland, Ohio, and was launched nationally as ," columnist for the Chicago Sun-Times, best selling author and numerous TV, radio and print interviews.

"We're extremely happy with the direction of the Berman Center and the relationship we've forged with Hunter World Markets," said Berman. "Their experience and insight will allow us to fulfill our vision for educating and providing sexual health services health services Managed care The benefits covered under a health contract  for women everywhere in a much more strategic way."

About Hunter World Markets, Inc.

Based in Beverly Hills, California Hunter World Markets, Inc. ("HWM HWM
abbr.
high-water mark
") is a member of NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds.  and offers investment banking, investment advisory and institutional trading to select clients with a diversity of sector and industry experience, particularly in North American North American

named after North America.


North American blastomycosis
see North American blastomycosis.

North American cattle tick
see boophilusannulatus.
 and European markets. HWM has equity underwriting capabilities that include capital rising through initial public offerings and private placements. In institutional trading, HWM offers highly individualized trading services to investment advisors, asset mangers, pension funds, insurance companies, hedge funds, banks and other institutional investors, and trades on all major exchanges in North America and Europe through RBC RBC red blood cell.

RBC or rbc
abbr.
red blood cell


RBC,
n See red blood cell count.


RBC

red blood cells; red blood (cell) count (see blood count).
 Dain Rauscher Inc.

For more information, contact Sam Chapman at (312) 961-9492.

Safe Harbor Statement

This news release contains certain forward-looking statements pertaining to future anticipated projected plans, performance and developments, as well as other statements relating to future operations and results. Any statements in this news release that are not statements of historical fact may be considered to be forward-looking statements. Written words such as "may," "will," "expect," "believe," "anticipate," "estimate," "intends," "goal," "objective," "seek," "attempt," or variations of these or similar words, identify forward-looking statements. These statements by their nature are estimates of future results only and involve substantial risks and uncertainties. Actual results may differ materially from those indicated by these forward-looking statements as a result of various factors including, but not limited to, risks related to: our ability to obtain additional funding to support our business activities; our dependence on services, name and image of Dr. Berman; the early-stage market for female sexual health products and services; a dramatic rise in expenses; the familial relationship of a number of our officers and directors; rapid growth and change in our business; as well as those risks more fully discussed in the Berman Center, Inc.'s reports filed from time to time with the Securities and Exchange Commission. In addition, any forward-looking statements represent our views only as of today and should not be relied upon as representing its views as of any subsequent date. We do not undertake any obligation to update any forward-looking statements to reflect events or circumstances after the date of this release.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 16, 2005
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