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WNDM to Acquire Medical Device Distributor Juventas; Bryant Gaines Named WNDM COO Effective Immediately
Date:11/30/2011

FORT WORTH, Texas, Nov. 30, 2011 /PRNewswire/ -- Wound Management Technologies, Inc., (OTCQB: WNDM | WNDM.PK) a leader in the advanced wound care solutions market, today announced that it had signed a letter of intent (LOI) to acquire  Juventas, LLC. Fort Worth, TX-based Juventas, controlled by former Biomet Texas affiliates Bryant Gaines and Jeff Ott, operates a nationwide distributor network.  Juventas products are used primarily by medical specialists in both surgical, non-surgical therapy and regenerative medicine. The acquisition would be an all-stock deal that would result in the owners of Juventas obtaining 12.5 million shares of WNDM at closing, the ability to earn additional shares based on revenue targets increasing the number of shares to 22.5 million shares, and representation on the WNDM Board of Directors.  Closing of the acquisition is subject to a number of conditions, including, but not limited to, the audit of Juventas being completed by the first quarter of 2012.

Transaction Adds Financial Strength and Sales Force

The Transaction will allow for Revenue Growth by acquiring Juventas, which will immediately position it to create greater value for its shareholders and allow the Company to manage its cash flow. It will allow both companies to combine their revenue streams to increase sales efforts and focus.  The combined companies will be able to launch products into the market more effectively with Juventas having over 25 years experience in these markets.  Also this will immediately allow WNDM to have direct access to the Juventas Distributor Network. 

Juventas is a successful company with a substantial commission-based sales force focused on advancement in the biologics and regenerative medicine.  Both parties believe there is significant revenue and cost synergies they will be able to achieve as a combined company to significantly expand sales and profits for Wound Man
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SOURCE Wound Management Technologies, Inc.
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