DTEC SEC, Inc.-Sigma Medical Announces Joint Venture Agreement with CanadaDrugs.com.IRVING, Texas Irving (pronounced 'er-ving') is a city located in the U.S. state of Texas within Dallas County. According to the 2000 U.S. Census, the city population was 191,615; the 2006 estimate was 201,927 according to the North Central Texas Council of Governments, and 196,084 according to -- DTEC DTEC Department of Technical and Economic Cooperation (Thailand) DTEC Development Test and Evaluation Center SEC - Sigma Medical (Pink Sheets: DTCJ) today announced that it has entered into a joint venture agreement with CanadaDrugs.com. (www.CanadaDrugs.com). Based in Winnipeg, Canada, CanadaDrugs.com is one of the largest fully accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. Canadian mail order and Internet-based pharmacies. It provides discount drugs and medications to more than 100,000 patients throughout the United States. This is the most extensive joint venture agreement to date between a United States medical products company and a Canadian Internet pharmacy internet pharmacy Online A website that offers prescription drugs from the comfort of home Cons The IP or prescribing physician may not be qualified or licensed to prescribe drugs in all states. See Operation Cure-All, VIPPS. . The agreement is intended to allow patients to meet their entire prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, and other medical supply needs with just one phone call or over the Internet. In addition, the agreement positions both companies to continue serving their existing patients once the prescription drug benefit provided for in the Medicare Prescription Drug Improvement and Modernization Act of 2003 takes effect in 2006. Sigma is a Medicare-approved provider, and it is estimated that the average senior will use $3,200 per year in prescription medications by the year 2006. "The joint venture agreement between our companies offers consumers in North America unparalleled access to a complete line of prescription medications and medical devices at cost effective prices," stated Bryan Chance, Chairman and Chief Executive Officer of Sigma Medical. "Furthermore, as we prepare for a Medicare prescription drug benefit in 2006, we can begin partnering with patient's existing pharmacy relationships to ensure seamless provision of prescription drugs in 2006. CanadaDrugs.com is a premier pharmacy that has been reviewed and endorsed by four state governments in the United States, "We believe that partnering with CanadaDrugs.com will be a significant affiliation and milestone for Sigma Medical," said Mr. Chance. According to Hamza ham·za also ham·zah n. A sign in Arabic orthography used to represent the sound of a glottal stop, transliterated in English as an apostrophe. Musaphir, President of CanadaDrugs.com, "CanadaDrugs.com, founded in 2001, was based on the principle that we could help individuals obtain the prescription medications they needed safely, quickly and at a far more affordable price than was possible in the United States. "Our goal in forming this joint venture with Sigma Medical is to further expand consumers' access to affordable medications and other healthcare products. Working with Sigma to serve patients will provide a more complete picture of every patient's needs and allow for better healthcare management," Mr. Musaphir said. Financial terms of the agreement were not disclosed. About Sigma Medical Sigma Medical is a company dedicated to providing innovative direct-to-consumer medical products and services that maximizes revenue opportunities for its partners and shareholders. Sigma Medical operates a fully licensed pharmacy and distribution center that serves healthcare facilities, physicians and patients throughout North America and Puerto Rico. For more information on Sigma Medical, go to the website http://www.SigmaMedical.com. About CanadaDrugs.com CanadaDrugs.com is the leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. mail-order pharmacy providing discount medications and prescription drugs. The leader in patient safety, Canada Drugs was the first Canadian pharmacy to receive accreditation from the Internet and Mail-order Pharmacy Accreditation Commission (IMPAC IMPAC International Merchant Purchase Authorization Card IMPAC Intersegmental Major Preparation Articulated Curriculum IMPAC Information for Management, Planning, Analysis, and Coordination (National Institutes of Health) ). It is also a certified member of the Canadian International Pharmacy Association (CIPA CIPA Children's Internet Protection Act of 1999 (US) CIPA Camera & Imaging Products Association CIPA Chartered Institute of Patent Agents CIPA Canadian Information Productivity Awards CIPA Colorado Independent Publishers Association ), the North American Pharmacy Accreditation Commission (NAPAC NAPAC National Association for People Abused in Childhood (UK) NAPAC Northern AIDS Prevention and Care ), the Better Business Bureau (BBB BBB A medium grade assigned to a debt obligation by a rating agency to indicate an adequate ability to pay interest and repay principal. However, adverse developments are more likely to impair this ability than would be the case for bonds rated A and above. ), VeriSign and a 5-star rated pharmacy from Pharmacy Checker.com. Headquartered in Winnipeg, Manitoba, CanadaDrugs.com operates from a 24,000-square-foot pharmacy and distribution center. It employs more than 250 staff, including 20 licensed pharmacists, and has filled one million prescriptions throughout North America since 2001. Statements that are not historical facts are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors, factors that could cause actual results to differ materially from those estimated by the Company. They include, but are not limited to, government regulation, managing and maintaining growth, and the effect of adverse publicity, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , competition and other factors that may be identified from time to time in the Company's public announcements. |
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