Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CORRECTING and REPLACING XRAYMEDIA's JV Partner International Health Partners Signs Major Retail Chain Agreements and Expands Television Coverage into the Los Angeles Market.


Business Editors

CORRECTION...by XRAYMEDIA Inc.

NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 & VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 12, 2004

In BW5817 issued Jan. 12, 2004: First graph, first sentence the stock symbol should read (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:XRYM) (sted OTCBB:XRMD). Also please note that the company name should be XRAYMEDIA Inc. (sted XRAYMEDIA.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page.  Inc.) throughout the release.

The corrected release reads:

XRAYMEDIA'S JV PARTNER INTERNATIONAL HEALTH PARTNERS SIGNS MAJOR RETAIL CHAIN AGREEMENTS AND EXPANDS TELEVISION COVERAGE INTO THE 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.  MARKET

XRAYMEDIA Inc., (OTCBB:XRYM), is pleased to announce that the Company's revenue-sharing joint venture partner, International Health Partners ("IHP ihp or i.hp.
abbr.
indicated horsepower
") plans to rollout a large scale retail program for memberships. IHP has signed agreements to begin offering private labeled memberships through several of the nation's largest retail chains and retail pharmacy outlets. The planned rollout will allow IHP to offer memberships through over 20,000 of the largest retail chains throughout the U.S.

In conjunction with these new retail agreements, XRAYMEDIA will expand the television-marketing program into Los Angeles along with a national television rollout. The national campaign will include new TV commercials promoting the expanded retail availability of the Nations Largest Alternative Healthcare packages. IHP, headquartered in Horsham, Pennsylvania Horsham is a census-designated place (CDP) in Montgomery County, Pennsylvania, United States. The population was 14,779 at the 2000 census. Horsham is located entirely within Horsham Township, Pennsylvania. , is the nation's largest and most comprehensive healthcare savings network. Through a number of broker networks and now their own national launch as a partner with XRAYMEDIA, IHP serves the entire 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.  through an affordable, membership-based program that enable members to benefit from extraordinary savings and discounts from most healthcare costs without medical histories, physicals, underwriting, waiting periods, or usage limits. Comprised of over 1,200,000 healthcare providers, IHP's provider network covers over 72% of the nation's practicing physicians, more than 90% of the nation's pharmacies, 4,000 hospitals, 6,000 vision care providers, 55,000 dentists, plus 11,000 ancillary service providers.

Raymond C. Dabney, XRAYMEDIA 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. , further states, "With these new retail agreements, memberships are expected to grow at a very significant rate throughout the remainder of the year. The initial plan is to be in over 4000 retail pharmacy stores in February. As well, we anticipate the rollout will exceed 20,000 retail stores by the end of the 2nd quarter. Although we have already begun our marketing campaign and signed up IHP memberships, we fully expect that retail sales will have a dramatic impact on our operations beginning this quarter. As we prepare for the national campaign, I look forward to providing more detail on the joint venture and the rollout through the various retailers."

About International Health Partners (IHP)

IHP is a leader in the United States Health Care services industry providing a low cost alternative to health care insurance, offering the most comprehensive health savings program available today in the USA. IHP management is headed up by Dr. R. Dennis Bowers Bowers is a surname, and may refer to
  • Betty Bowers
  • Bryan Bowers
  • Charles Bowers
  • Claude Bowers
  • Dane Bowers
  • David A. Bowers
  • Elizabeth Crocker Bowers
  • Graham Bowers
  • Henry Francis Bowers
  • Henry Robertson Bowers, (1883 - 1912), polar explorer
, whose experience in the Drug and Medical industry spans more than 30 years. Before founding the CARExpress medical benefits network, he held influential executive positions in federal state and private healthcare organizations, including the Nixon White House and the States of Massachusetts and Iowa, a consultant to three U.S. presidents and to the World Health Organization. He was also the architect of the National Center for Health Information and the Drug Abuse Warning Network The Drug Abuse Warning Network (DAWN) is a public health surveillance system that monitors Drug-related visits to hospital emergency departments and Drug-related deaths investigated by medical examiners and coroners [https://dawninfo.samhsa.gov/default.asp]. .

You should not place undue reliance on 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.
 in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about XRAYMEDIA Inc., please refer to its Form 10-ksb filed with the Securities and Exchange Commission and available on the SEC website at www.sec.gov.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jan 12, 2004
Words:644
Previous Article:The Nautilus Group to Present at the ICR Xchange Leisure and Lifestyle Conference.
Next Article:IntraLase Corp. Concludes 2003 with Record Fourth Quarter Laser Placements; Placements Include Three Highly Acclaimed Ophthalmic Teaching...



Related Articles
ALGERIA - In Algeria.
GUERRERO OUT, TAFOYA IN ON 'MNF'.
Oman's $2.4 Bn Aluminium JV Agreement Signed; Smelter Will Be On Stream In '08.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles