BioElectronics Announces Korean Sales and Distribution Agreement with Young Kwang Sa, Ltd.A Powerful Relationship to Change the Way People Heal FREDERICK, Md. -- BioElectronics Bioelectronics A discipline in which biotechnology and electronics are joined in at least three areas of research and development: biosensors, molecular electronics, and neuronal interfaces. Corporation, (Pink Sheets: BIEL Biel (bēl) or Bienne (byĕn), city (1990 est. pop. 52,020), Bern canton, NW Switzerland, at the northeast end of the Lake of Biel. A watchmaking center, Biel also manufactures chains and machinery. - News), today announced that Young Kwang Sa, Ltd Group, a major provider of healthcare products and services in Korea, has agreed to sell and distribute ActiPatch[TM], a drug-free, anti-inflammatory patch. BioElectronics President, Andrew J. Whelan commented on the agreement, saying, "We are extremely pleased to develop this relationship with Young Kwang Sa, Ltd. We have enjoyed working with the Young Kwang Sa, Ltd people in the product testing and market research phase and we look forward to their help in developing our retail and medical provider international sales and marketing program." About Young Kwang Sa, Ltd Young Kwang Sa, Ltd was established in 1971 and is a leading medical device importer and wholesaler in Korea. Young Kwang Sa, Ltd specializes in the orthopedic, rehabilitation rehabilitation: see physical therapy. and sports medicine sports medicine, branch of medicine concerned with physical fitness and with the treatment and prevention of injuries and other disorders related to sports. Knee, leg, back, and shoulder injuries; stiffness and pain in joints; tendinitis; "tennis elbow"; and markets. About BioElectronics BioElectronics Corporation is the maker of ActiPatch[TM]. ActiPatch is a drug-free, anti-inflammatory patch with an embedded battery operated microchip that delivers weeks of continuous pulsed electromagnetic therapy Electromagnetic therapy is a form of alternative medicine which claims to treat disease by applying electromagnetic energy to the body.[1][2] It has been labelled pseudoscientific by its critics. for less than a dollar a day. The unique ActiPatch delivery system uses a patented technology to provide a cost-effective, patient friendly method to reduce soft tissue pain and swelling. For more information visit http://www.bioelectronicscorp.com 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. Statement: This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of both companies in light of current conditions, expected future developments and other factors it believes to be appropriate. Actual results may differ as a result of factors over which the companies have no control. |
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