Contact Information: Contact: Dino Luzzi CEO Medivisor, Inc. Tel: 631.549.7100
Medivisor, Inc. Announces Exclusive Distribution Rights in Korea for Albumax
| Source: Medivisor, Inc.
HUNTINGTON STATION, NY--(Marketwire - October 6, 2008) - Medivisor, Inc. (PINKSHEETS : MVSR ),
developer of next-generation focus driven marketing tools, announced today
that it has expanded its previously announced Albumax marketing agreement.
Medivisor has expanded its original agreement covering US distribution and
Medivisor now has the exclusive right to distribute Albumax in Korea.
Albumax, a whey protein isolate formula, makes it easy for Kidney disorder
patients to reach their daily requirements of high quality protein in their
diet. Medivisor anticipates consummating a distribution relationship in
Korea shortly.
According to The Kidney Alliance, a UK organization and sponsor of World
Kidney Day, worldwide, more than 500 million people are living with some
form of kidney disease; approximately one out of every ten adults has some
form of kidney damage. People with chronic kidney disease are 10 times
more likely than healthy individuals to die of heart attacks and strokes.
South Korea's population is 49,232,844; North Korea's population is
23,479,089.
"We have recently received several inquiries regarding distribution of a
number of our products in Korea," stated Dino Luzzi, CEO of Medivisor, Inc.
"Medivisor is committed to expanding our existing distribution capabilities
in both the United States and Korea, and broadening our customer
relationships. We intend to use Korea as a starting point to launch
Albumax, and other products throughout the rest of the Far East."
About Medivisor, Inc.:
Medivisor, Inc. is a developer of next-generation focus driven marketing
tools, dedicated to providing technologies that offer innovative and
competitive advantages to the bioscience and pharmaceutical markets. From
pre-product development through product launch and commercialization,
Medivisor offers worldwide experience in delivering effective and
successful integrated marketing and creative communications campaigns for
the benefit of its clients.
Safe Harbor
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of the Private Securities Litigation Reform Act of 1995 (the "Act")
Additionally, words such as "seek," "intend," "believe," "plan,"
"estimate," "expect," "anticipate" and other similar expressions are
forward-looking statements within the meaning of the Act. Some or all of
the events or results anticipated by these forward-looking statements may
not occur. Further information on Medivisor risk factors is contained in
its filings with the Securities and Exchange Commission. Medivisor does not
undertake any duty nor does it intend to update the results of these
forward-looking statements.