Swiss Medica Announces Fourth Quarter Net Revenues Of US$2.136 Million And Announces Conference Call.TORONTO -- Swiss Medica medica (māˑ·dē·k , Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SWME) is pleased to announce fourth quarter net revenues, fiscal year 2005 revenues and operating highlights. - Net revenues for the fourth quarter ending December 31, 2005 were US$2.136 million - an increase of 21% over third quarter 2005 revenues. This represents the 5th consecutive quarter of revenue growth. - Net revenues for 2005 grew to US$6.42 million - an increase of 924% over fiscal year 2004. - O24 Pain Neutralizer is now available in over 21,000 retail outlets in both the USA and Canada, including Walgreens, CVS (1) (Concurrent Versions System) A version control system for Unix that was initially developed as a series of shell scripts in the mid-1980s. CVS maintains the changes between one source code version and another and stores all the changes in one file. Pharmacy, Rite Aid, Shoppers' Drug Mart, Wal-Mart Canada and Loblaws. - Swiss Medica also launched O24 Fibromyalgia and PMS (Pantone Matching System) A color matching system that has a unique number assigned to more than 500 different colors and shades. This standard for the printing industry has been built into many graphics and desktop publishing programs to ensure color accuracy. Escape into national retailers in the USA. Other achievements include: 1. Swiss Medica and O24 Pain Neutralizer received the "Company of the Year" and "Product of the Year" awards from the Northern California Arthritis Foundation. 2. O24 Fibromyalgia became the first clinically tested product specifically for Fibromyalgia to be available in drug stores in the USA, including Rite Aid, Sav-On Drugs and Longs Drugs. O24 Fibromyalgia has received the first and only Seal of Approval from the National Fibromyalgia Association in California. O24 Fibromyalgia will be available in over 15,000 retail outlets in USA by the end of the first quarter of 2006. 3. O24 Fibromyalgia underwent a double blind clinical study at a hospital affiliated with the University of Toronto Research at the University of Toronto has been responsible for the world's first electronic heart pacemaker, artificial larynx, single-lung transplant, nerve transplant, artificial pancreas, chemical laser, G-suit, the first practical electron microscope, the first cloning of T-cells, with outstanding results. Over 90% of participants who used O24 had a reduction in pain versus only 7% who used the placebo. 4. PMS Escape, the only clinically proven OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). product to help ease mood and appetite symptoms of pre-menstrual syndrome is now available at CVS Pharmacy. PMS Escape was developed by renowned MIT MIT - Massachusetts Institute of Technology (Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, ) academics, and completed successful double blind studies at MIT, Harvard and University of Pennsylvania (body, education) University of Pennsylvania - The home of ENIAC and Machiavelli. http://upenn.edu/. Address: Philadelphia, PA, USA. with excellent results. 5. O24 samples and product information are being distributed by thousands of physicians and other medical professionals to their patients in Canada and USA. Swiss Medica's management will host a conference call on Wednesday January 25th, 2006 at 4:00 pm EST EST electroshock therapy. EST abbr. electroshock therapy to discuss the Company's fourth quarter highlights and go forward strategy. Callers from the Toronto area are invited to dial 416-695-9753 at that time to participate. All other callers are invited to dial 1-877-888-4605 to participate. The conference will also be webcast with a direct link from www.swissmedica.com. Swiss Medica 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. , Raghu Kilambi commented "We are pleased with Swiss Medica's growth in 2005 and are confident that 2006 will be a watershed year for the company and its products as we capitalize on the branding achievements of 2005, and expand distribution of our products into new geographical markets and other channels." Full fourth quarter and fiscal 2005 audited financial statements will be included in the Company's 10-K, which will be filed with the U.S. Securities and Exchange Commission by March 31, 2006. About Swiss Medica, Inc. Swiss Medica commercializes proprietary bioscience products that relieve chronic ailments. We increase our market share through focused distribution strategies in multiple sales channels. Swiss Medica's mission is to be a world leader in the commercialization of life enhancing bioscience products that improve quality of lives. Please visit our websites at www.swissmedica.com, www.O24zone.com and www.pmsescape.com. Swiss Medica's flagship product, the O24 Essential Oil Pain Neutralizer, holds US Patent #6,444,238B1. The O24 pain relief solution has been used, recommended and praised for its fast-acting and long-lasting benefits by healthcare professionals and athletes in the United States, Canada and in Europe. O24 is widely available throughout the United States and Canada in leading pharmacies and other retailers. Customers can also visit www.O24zone.com, for ordering details and store locators for the nearest pharmacy. Swiss Medica has recently launching the patented O24 Fibromyalgia pain reliever (US Patent #6,444,238B1) over-the-counter in North American retailers. The National Fibromyalgia Association (NFA NFA - Finite State Machine ) recently awarded O24 Fibromyalgia their first NFA Seal of Approval. Upwards of 11 million Americans suffer from the long-term pain associated with Fibromyalgia. In a randomized ran·dom·ize tr.v. ran·dom·ized, ran·dom·iz·ing, ran·dom·iz·es To make random in arrangement, especially in order to control the variables in an experiment. double blind clinical trial, more than 90 per cent of the patients who used O24 Fibromyalgia reported mild to markedly better improvement, versus only 7 per cent who used the placebo. Customers can also visit www.O24zone.com, for ordering details and store locators for the nearest retailer. Swiss Medica also manufactures PMS Escape(R) which holds US Patent #'s 5760014 and 5612320. PMS Escape(R) is a specially formulated group of carbohydrates, vitamins and minerals, clinically proven to reduce changes in mood and appetite that women experience during the premenstrual period. Customers can also visit: www.pmsescape.com for additional information and ordering details. Forward-looking statements in this news release are made pursuant to the "Safe Harbor" provisions of the United States 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, risks relating to the ability to close transactions being contemplated, risks related to international sales and purchases and potential foreign currency exchange fluctuations, continued acceptance of Swiss Medica's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Swiss Medica's periodic reports filed with the United States Securities and Exchange Commission and other regulatory authorities. Swiss Medica, Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :SWME) |
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