American Medical Technol... (CE) (USOTC:ADLI)
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American Medical Technologies, Inc. ("AMT") (OTCBB:ADLI)
– American Medical Technologies, the leading
provider of market-expansion and sales growth services for dealers and
distributors in the global dental industry, is successfully continuing
its gradual shift in business strategy. AMT is transitioning from an
overhead-intense manufacturing model to a lean, revenue-maximizing
broker of global dental products. This transition will continue over the
next two quarters and is anticipated to substantially increase revenue
while simultaneously providing the company significant savings of
hundreds of thousands of dollars in overhead costs.
By switching to this sales-focused business model, AMT has positioned
itself as the critical link between manufacturers of innovative dental
products and the global dealers and distributors who sell these highly
desired items. Utilizing a global “hub-and-spoke”
distribution system, AMT will have the capability to rapidly and
efficiently introduce dental products to markets all over the world.
Over the past six months AMT has expanded its dental distribution
network to include 75 countries through their vast dental distribution
federation. AMT is currently in negotiations with several manufacturers
and anticipates introducing new products to its global brokering network
in the coming months. This new approach has already received
enthusiastic support from AMT’s global hub
partners and distributors.
“Our partnership with AMT is enabling us to
introduce and sell products into markets where we were unable to
penetrate previously,” says Jos Overmeer,
President of ContrastEurope in the Netherlands. “We
are very excited that AMT is providing us with the marketing support and
global experience needed to help us fulfill our customers’
needs around the world.”
“AMT’s new role as
a dental ‘power broker’
is bridging the gap between dental manufacturers and global end-users,”
says Judd D. Hoffman, President and CEO of AMT. “With
our increasing revenue and declining overhead costs, we are in an
excellent position to provide on-going value and growth to our
shareholders.”
About AMT:
American Medical Technologies, Inc., headquartered in Corpus Christi,
Texas, with satellite offices in Los Angeles, markets and sells unique
dental products to the dental community through its established global
federation of dealers and distributors. AMT’s
premier products, Contrast AM and Contrast PM, a professional tooth
whitening product line, delivers excellent whitening results at low
costs. AMT was incorporated in Delaware in November 1989 and completed
its initial public offering in June 1991. AMT changed its name from
American Dental Technologies, Inc. on July 13, 2000.
The Company makes forward-looking statements in this press release and
in its filings with the Securities and Exchange Commission. The
Company's forward-looking statements are subject to risks and
uncertainties and include information about its expectations and
possible or assumed future results of operations. When the Company uses
any of the words "believes," "expects," "anticipates," "estimates," or
similar expressions, it is making forward-looking statements. AMT's
actual results, performance or achievements could differ materially from
the results expressed in, or implied by these forward-looking
statements. For more detailed information relating to the risks and
uncertainties pertaining to these forward-looking statements, the reader
is referred to the "risk-factor" section in AMT's form 10KSB and other
related documents filed with the Securities and Exchange Commission.