Navigation Links
Prime Companies Announces Launch of Consumer Dental Service Software
Date:11/11/2008

- Agrees to Major Debt Settlement -

ANTHEM, Ariz., Nov. 11 /PRNewswire-FirstCall/ -- Prime Companies, Inc. (Pink Sheets: PRMC) today announced its new consumer dental service software is now scheduled for launch by the end of 2008. P. Chris Theotocatos, CEO, said the "new software will allow consumers to search for the dentist of their choice, who meets their needs anywhere in the United States."

"We anticipate revenues to begin to be generated by our new service soon after launching the service," said Stephen Goodman, CFO. "We are initially offering the service in the Phoenix area, with a staged nationwide rollout to follow as soon as the Arizona program is complete."

Mr. Goodman also announced that the District Court of Dallas County, Texas, has approved the settlement of $3.4 million in debt for 85 million shares to be issued to the creditors, including Fuselier Holding, LLC, Richardson, Texas, the Company's largest creditor. "Prime Companies debt is now reduced to less than $400,000, enabling us to move forward with a much stronger balance sheet (unaudited)," Mr. Goodman said.

Prime Companies recently announced a new management team and relocation near Phoenix. Additional information is available at the Company's web site at http://www.primecompanies.com. The Company also said it is preparing for an audit of its financials for the years 2007 and 2008, and anticipates this being concluded by the end of January 2009.

Forward-Looking Statements

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

CONTACT: Prime Companies, Inc.

Paul Knopick

E & E Communications

(949) 707-5365

pknopick@eandecommunications.com


'/>"/>
SOURCE Prime Companies, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Obama Puts Healthcare, Economic Relief for Middle Class First in Prime-Time Special
2. Listeriosis infection primer for health-care providers and the public
3. Jerry Steffl Joins Prime Therapeutics as Vice President, Government Affairs
4. Prime Healthcare Services to Acquire Three Hospitals from Tenet Healthcare Corporation
5. Seahorse Bioscience Enters into Agreement with Primetech Corporation to Bring XF Technology to Japanese Market
6. CCH White Paper Details Subprime Crisis, Wider Effects
7. Prime Clinical Systems Celebrates Silver Anniversary
8. Prime Hires Rachelle Wan as Vice President of Pharmaceutical Trade Relations
9. North America Primed for Pet Insurance Market Expansion and Expecting $1.1 Billion by 2012
10. Human breast tumors microenvironment primes them for metastasis
11. VeriPrime Approves New Best Practices for Beef Production
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/26/2017)... , ... May 26, 2017 , ... “When the Stars ... Home” is the creation of published author Laura Weigel Douglas, an avid reader who ... in a house that sometimes feels like Green Hills Adventure Camp. She couldn’t be ...
(Date:5/26/2017)... ... 2017 , ... Centennial-based BluSky Restoration Contractors announced that The ... Clays for Kids fundraiser, to be held Friday, Sept. 22, at Kiowa Creek ... of BluSky’s partnership with The Adoption Exchange, BluSky will also share sponsorship with ...
(Date:5/26/2017)... , ... May 26, 2017 , ... “Cactus Jack: Against ... on so many others. “Cactus Jack: Against All Odds” is the creation of ... Walter D. Hubbard is married to Jack Carlisle’s third child Jane. Walter. Walter ...
(Date:5/24/2017)... ... May 24, 2017 , ... Last month, representatives from ... employees, and town officials to celebrate the grand opening of the 87,000 square ... as part of its ongoing relationship with RWJBarnabas Health, New Jersey’s largest health ...
(Date:5/24/2017)... ... May 24, 2017 , ... Dr. Alan I. Benvenisty, MD is dual board ... He is known for his distinguished expertise and experience in the diagnosis and treatment ... training in treating renovascular disease and aortic aneurysm . He is known for ...
Breaking Medicine News(10 mins):
(Date:5/22/2017)... 2017  As the specialty pharmacy industry and ... make the revolutionary shift from volume-based to value-based ... positive patient outcomes and shaping the future of ... away from clinical trials and toward data that ... drug therapy utilization in precise patient populations. Therigy ...
(Date:5/15/2017)... , May 15, 2017 Enterin Inc., a ... and developing novel compounds to treat Parkinson,s disease (PD), ... study is a Phase 1/2a randomized, controlled, multicenter study involving ... It will enroll 50 patients over a 9-to-12-month period. The ... in 10 patients with PD. Participating sites include ...
(Date:5/10/2017)... May 10, 2017 Global Health Intelligence ... Latin America , published its 2017 ranking of the ... based on extensive data analysis from GHI,s hospitals database ... database for the region. The GHI database covers 86% of ... more than 130 data points for each institution in key ...
Breaking Medicine Technology: