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ADVANCED
HEALTHCARE TECHNOLOGIES, INC., (OTCBB: AVHC) |
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Dear Reader,
Welcome to another edition of StockUpTicks and welcome
to what will be one of the busier days of the year for your favorite
financial newsletter. As you read this, we’re running around behind
the scenes trying to pull together not one, but TWO great
StockUpTicks mailings for you today.
We’ve never been especially keen on sending you two profiles
in a single calendar day but since we don’t make the news (we
just report it) we have to be poised like the proverbial cheetah
ready to pounce on morsels of wisdom provided by the public companies
we watch.
So away we go with Round 1 of hot-off-the-press news from
Advanced Healthcare Technologies Inc. (otcbb: AVHC) who
just released breaking news minutes ago. AVHC is an ongoing
feature for StockUpTicks (click
here for a November 22 in-depth profile) and we strongly encourage
you to read their news items and stay in the loop on their compelling
story.
But before you do, we want to let you know that we also have
a StockUpTicks Special Edition coming out just after the
market’s close today involving one of our strongest performing
profiles of all-time.
Many of you who profited previously from this company’s impressive
run will want to read the latest while new StockUpTicks
members will surely want to hear what all the fuss was about.
So that’s it in a nutshell: One Trading Day, Two Great StockUpTicks
Editions.
Now, if we can just be this efficient with our Christmas shopping.
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TODAY'S NEWS FROM AVHC **** |
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Press Release
Source: Advanced Healthcare Technologies,
Inc.
Wednesday December 18, 8:31 am
ET
Advanced Healthcare Technologies, Inc.
Announces the Appointment of New Advisory Board
Members
FARMINGDALE, N.J., Dec. 18 /PRNewswire-FirstCall/ -- Advanced
Healthcare Technologies, Inc. (OTC Bulletin Board: AVHC - News)
today announced the appointment of two members to its newly formed
advisory board. The Advisory Board is being created to focus on
development of policies, practices and procedures for the Company
in the implementation of its strategic business plan. The first
two appointments include Amie B. Franklin, Ph.D. of San Francisco,
California and Mr. John Demoleas of New York City, New York. Both
Ms. Franklin and Mr. Demoleas bring extensive experience in health
care to the advisory board and will formulate plans, procedures
and practices to assist the company in identifying future targeted
acquisitions and strategic planning in the development of the
Company's existing subsidiary (Advanced Hyperbaric Technologies,
Inc.) and the currently targeted acquisition of TouchVision, Inc.
A summary of Ms. Franklin's resume is replete with leadership,
vision and a strong work ethic in meeting both financial
and strategic goals. Currently CEO of MedVie, Inc., a new healthcare
venture where she has coordinated the development of the Company's
business model, capital formation, investor relations, product
development and oversight of the Company's pre-launch testing
program. Ms. Franklin is also a principal in Venture Expert Partners,
LLC, a venture catalyst and strategic business consulting firm.
Venture Expert Partners successfully turned around a publicly
trading distressed healthcare software company (TSX) taking it
from near insolvency to positive cash flow within four months.
Ms. Franklin was formerly President and COO of Drug Emporium.com
from 1999-2000 a Nasdaq listed company with 1.2 billion in revenue
and 5,000 employees. From 1998-1999 Ms. Franklin was the Chief
Business Officer and Chief Science Officer of MotherNature.com
of Concord, MA., an online retailer of natural health products
which successfully raised over 40 million in funding under
her guidance. Ms. Franklin has a B.S. degree in Biology and Dance,
a Masters Degree in Physiology and a Doctorate in Nutrition from
Columbia University, New York, New York.
Mr. Demoleas bring complementary credentials with an MBA and
MPH degree from Columbia University's School of Public Health
(1984). Mr. Demoleas is currently the Vice President of Corporate
Development for Children's Hospital of New Jersey and he was formerly
the Executive Director of St. Peters University Hospital Foundation
of New Brunswick, New York and the National Director of Individual
Support for the Boys and Girls Clubs of America. Mr. Demoleas
is a Trustee of the Ronald McDonald Children's House, Founder
and Director of Stay Healthy, Inc. and Director of E- Street
Financial Services. Mr. Demoleas is an advisor to several companies
both within and without the healthcare industry.
Phillip Loori, President of Advanced Healthcare Technologies,
Inc., stated that the Company is extremely fortunate to have two
individuals with the experience, track record and capabilities
of Ms. Franklin and Mr. Demoleas willing to join the Company in
these roles and expressed hope that this relationship will develop
into a greater role for Ms. Franklin once she has had an opportunity
to review the opportunities that the Company believes exist in
the marketplace.
FORWARD LOOKING STATEMENTS: Statements in
this press release other than statements of historical fact, including
statements regarding the company's plans, beliefs, and estimates
as to projected market size are "forward-looking statements."
Such statements are subject to certain risks and uncertainties,
including factors listed from time to time in the company's SEC
filings, and actual results could differ materially from expected
results. These forward-looking statements represent the company's
judgment as of the date of this release. The company disclaims,
however, any intent or obligation to update these forward-looking
statements.
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ABOUT AVHC **** |
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Advanced Healthcare Technologies is a company that
engages in the acquisition of leading technologies in the
healthcare industry. Principle acquisition targets consist
of companies in the Medical Device and Medical Service Industry.
Recent Acquisitions include: Advanced Hyperbaric Technologies
(AHT) of Farmingdale, NJ. Advanced Hyperbaric engages
in the sale of Topical Hyperbaric Oxygen Chambers for
the healing of open wounds. Its products are used to treat
patients who suffer from chronic open wounds due to diabetes,
vascular insufficiencies, post surgical infections, amputations,
frostbite and burns. The chambers are marketed to hospitals,
doctors, wound care clinics, nursing homes, and patients.
AHT's principle products include a portable topical Hyperbaric
Oxygen chamber and a Disposable Sacral Topical Hyperbaric
Oxygen System for smaller wounds.
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CONTACT **** |
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Advanced Healthcare Technologies
124 Colts
Neck Road
Farmingdale,
NJ 07727
Company Contact: Phillip Loori
Tel: 800-327-4325
Email: philliploori@aol.com
Brokers and Analysts: Guy Vinci, Tel: 866-730-9604
Visit the Advanced Healthcare Technologies, Inc. Web site at:
www.advancedhealthcaretechnologies.com
Visit the Advanced Hyperbaric Technologies Web site at: www.advanced-hyperbaric.com
To review the SEC filings for AVHC, Click
Here
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