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:6/26/2016)... ... June 27, 2016 , ... Quality metrics are proliferating in cancer care, and ... in the eye of the beholder, according to experts who offered insights and commentary ... of Managed Care. For the full issue, click here . , For the ...
(Date:6/26/2016)... ... June 26, 2016 , ... Many women are ... with endometriosis. These women need a treatment plan to not only alleviate symptoms ... can help for preservation of fertility and ultimately achieving a pregnancy. The specialists ...
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room , the largest ... as the Medical Director of its new Mesquite-Samuell Farm facility. , “We are ... Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of First Choice Emergency ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article published ... unfamiliar with. The article goes on to state that individuals are now more comfortable ... less common operations such as calf and cheek reduction. The Los Angeles area medical ...
(Date:6/24/2016)... ... June 24, 2016 , ... Global law firm Greenberg Traurig, P.A. announced that ... chosen by their peers for this recognition are considered among the top 2 percent ... special honors as members of this year’s Legal Elite Hall of Fame: Miami ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 24, 2016  Arkis BioSciences, a leading innovator ... more durable cerebrospinal fluid treatments, today announced it ... funding is led by Innova Memphis, followed by ... private investors.  Arkis, new financing will accelerate the ... market release of its in-licensed Endexo® technology. ...
(Date:6/23/2016)... DUBLIN , June 23, 2016 ... "Dialysis Devices Global Market - Forecast to 2022" report ... is the treatment method for the patients with kidney failure, ... and excess fluid from the patient,s blood and thus the ... sodium, potassium and chloride in balance. Increasing ...
(Date:6/23/2016)... 23, 2016 Research and Markets ... Market by Type (Organic Chemical (Sugar, Petrochemical, Glycerin), Inorganic ... Coating, Parenteral) - Global Forecast to 2021" report ... The global pharmaceutical excipients market is projected to ... of 6.1% in the forecast period 2016 to 2021. ...
Breaking Medicine Technology: