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:10/13/2017)... VA (PRWEB) , ... October 13, 2017 , ... ... of DevOps and Agile Software Development, has been awarded a contract by the ... Blanket Purchase Agreement (BPA) aims to accelerate the enterprise use of Agile methodologies ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... for healthcare compliance program management, will showcase a range of technology and learning ... Assisted Living (NCAL) Convention and Expo to be held October 14–18, 2017 at ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... the demand of today’s consumer and regulatory authorities worldwide. From Children’s to Adults ... tested to meet the highest standard. , These products are also: Gluten ...
(Date:10/12/2017)... ... 2017 , ... Asante, a nationally recognized health system in ... existing home health joint venture through an agreement, effective October 1, 2017, to ... home health company with Asante, delivering clinically integrated care, for the past eight ...
(Date:10/12/2017)... , ... October 12, 2017 , ... HMP , ... recipient of a 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B Healthcare Website.’ ... on October 11, 2017. , The annual award competition recognizes editorial and design excellence ...
Breaking Medicine News(10 mins):
(Date:9/28/2017)... 2017 Cohen Veterans Bioscience and Early Signal ... wearable and home sensors for real-time monitoring of patients ... a nonprofit organization focused on disruptive health solutions for ... analytical system to record and integrate behavioral, cognitive, physiological ... ...
(Date:9/27/2017)... and NEW YORK , Sept. 27, 2017  DarioHealth ... and big data solutions, today announced that its MyDario product is expected ... local TV listings for when The Dr. Oz Show airs in your ... The nine-time Emmy ... ...
(Date:9/25/2017)...  EpiVax, Inc., a leader in the fields ... announced the launch of EpiVax Oncology Inc., a ... cancer vaccines. EpiVax has provided $500,000 in seed ... technologies to the new precision immunotherapy venture. Gad ... as Chief Executive Officer. Gad brings over 25 ...
Breaking Medicine Technology: