SARASOTA, Fla., March 3 /PRNewswire-FirstCall/ -- Whitemark Homes, Inc. (OTC Bulletin Board: WTMK), announced today that it has signed a letter of intent to acquire Metiscan Holdings, Inc. a holding company that operates through its wholly owned subsidiary Metiscan Technologies, Inc. headquartered in Dallas, TX. Metiscan Technologies is a national provider of products and services that streamline the management and operations support of diagnostic imaging facilities, radiology groups, in-office imaging departments, small hospitals, and physician practices. This non-binding letter of intent outlines that Metiscan Technologies will be the operating business of Whitemark Homes going forward.
Although preliminary terms have been agreed to, the companies are still in the process of negotiating the definitive agreement and there is no assurance that these negotiations will result in a completed transaction. The closing of this transaction is expected to occur prior to the end of March 2008.
About Metiscan Holdings, Inc.
Metiscan Holdings, Inc. operates through its wholly owned subsidiary Metiscan Technologies, Inc. headquartered in Dallas, TX. Metiscan Technologies is a national provider of products and services that streamline the management and operations support of diagnostic imaging facilities, radiology groups, in-office imaging departments, small hospitals, and physician practices. Metiscan's product and service lines include web-based radiology information systems, teleradiology, revenue cycle management, and operational training and support programs.
For more information, please visit http://www.metiscan.com
About Whitemark Homes, Inc.
Whitemark Homes, Inc. was incorporated in 1975 and is currently based out of Sarasota, Florida. The Company previously engaged in the development of lots, and in the construction and sale of single-family conventional homes primarily targeting vacation home-buyers. Whitemark Homes is currently seeking viable operating businesses to merge with or acquire.
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995 involving
known and unknown risks, delays, and uncertainties that may cause our
actual results or performance to differ materially from those expressed or
implied by these forward-looking statements. These risks, delays, and
uncertainties include, but are not limited to: risks associated with the
uncertainty of future financial results, our reliance on our sole supplier,
the limited diversification of our product offerings, additional financing
requirements, development of new products, government approval processes,
the impact of competitive products or pricing, technological changes, the
effect of economic conditions and other uncertainties detailed in the
Company's filings with the Securities and Exchange Commission. The Company
undertakes no obligation to update any forward-looking statements.
6688 N. central Expressway
Dallas, TX 75206
|SOURCE Whitemark Homes, Inc.|
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