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:12/2/2016)... (PRWEB) , ... December 02, 2016 , ... ... in Beverly Hills, California, will be included in the 2016 “Guide to America’s ... exceptional professionals based on the amalgamation of their education, experience, and professional associations. ...
(Date:12/2/2016)... Wilmington, Delaware (PRWEB) , ... December 02, 2016 ... ... has released a new version of its SaaS LIMS, CloudLIMS Lite. CloudLIMS Lite ... from sample entry through labeling, storing, shipping and disposal. The new version is ...
(Date:12/2/2016)... ... December 02, 2016 , ... Sourced from the Isbre Springs beneath the ... its unmatched natural purity of just 6 ppm TDS (Total Dissolved Solids) in addition ... has been available in several ShopRite and FoodTown stores in NJ and received rave ...
(Date:12/2/2016)... ... , ... "Pro3rd Accents Volume 2 is a set of 30 accented lower ... just a few clicks of the mouse," said Christina Austin - CEO of Pixel ... from various styles with accented animations, rigid boxes, simplistic lines, and more. In Addition, ...
(Date:12/2/2016)... ... December 02, 2016 , ... ... to build intelligent, connected applications, was named the best Sales Team of 2016 ... winner announcement was made today by the Software & Information Industry Association (SIIA), ...
Breaking Medicine News(10 mins):
(Date:12/4/2016)... , Dec. 3, 2016  Findings from a ... of CTL019, an investigational chimeric antigen receptor T ... and young adult patients with B-cell acute lymphoblastic ... oral session at the 58th American Society of ... 4:00-5:30 p.m.). The global Phase II study found ...
(Date:12/2/2016)... -- Persistence Market Research (PMR) delivers key ... titled, "Global Market Study on Cardiac Pacemaker: North America Regional ... 2016 and 2024". The global cardiac pacemaker market was valued ... likely to decline to US$ 3923.8 Mn by 2024. ... is anticipated to exhibit a declining CAGR of -0.5% ...
(Date:12/2/2016)... 2016 According to a ... by Product (Instruments, Reagents, Software), Technology (Immunoassay, Clinical ... Nephrology, Infectious Diseases) - Forecast to 2021" published ... USD 60.22 Billion in 2016. This market is ... during the forecast period (2016-2021) to reach USD ...
Breaking Medicine Technology: