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Spine Pain Management Opens Two Additional Affiliate Diagnostic Centers in Florida
Date:7/11/2012

HOUSTON, July 11, 2012 /PRNewswire/ -- Spine Pain Management, Inc. (OTC QB:SPIN), a medical services and technology company, today announced that it has opened affiliate diagnostic centers in Brandon, Florida and Lakeland, Florida, thereby increasing its geographic reach across Central Florida. In addition to its two flagship locations in Texas, Spine Pain Management now has six Florida-based diagnostic centers (Tampa, Orlando, Jacksonville, Sarasota, Brandon and Lakeland), providing service to a population base of approximately 8 million people or 40 percent of the State population of Florida.  Spine Pain Management's two new affiliate centers have initial referral sources in place to start seeing patients immediately. 

Brandon, Florida, located just east of Tampa in Hillsborough County with a total population of over 100,000, is one of the fastest growing cities in Florida witnessing a 32% population growth over the last 10 years. Lakeland, Florida, located between Brandon and Orlando in Polk County, has a population draw of approximately 585,000. Each affiliate diagnostic center is responsible for its facility and operating costs. Spine Pain Management provides prefunding of spine diagnostic injections as well as supplying the affiliate centers with access to the Quad Video Halo System™, a first-to-market, proprietary technology that generates much needed transparency of indisputable data that promotes faster time to case settlement. The company estimates that each diagnostic center has the current capacity to treat 50 cases per month once at full operation. Historically, new centers achieve approximately 25% of operating capacity within the first 6 months of operation and 50% within 12 months, reaching full capacity within the second year of operation. 

"These two additional affiliated diagnostic centers increase our foothold in addressing the Central Florida market. It is through demand
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SOURCE Spine Pain Management, Inc.
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