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Wellness Center USA Inc. Signs Agreement to Acquire Psoria-Shield Inc.
Date:6/21/2012

SCHAUMBURG, Ill., June 21, 2012 /PRNewswire/ -- Wellness Center USA Inc. (OTCQB/OTCBB: WCUI), a Schaumburg IL based healthcare and nutraceutical company, today announced the signing of a share exchange agreement to acquire Psoria-Shield Inc. (PSI), a Tampa, FL based developer and manufacturer of UltraViolet (UV) phototherapy devices for the treatment of skin diseases.

(Logo: http://photos.prnewswire.com/prnh/20120621/LA28371LOGO)

Psoria-Shield's FDA cleared, patent-pending flagship product "Psoria-Light®" is the first deep UV LED "Targeted Phototherapy" device to effectively treat Psoriasis, Eczema, Alopecia Areata, Vitiligo and other ultraviolet-treatable skin diseases affecting an estimated 11% of the world population.  

Psoria-Light is the latest accomplishment of Psoria-Shield's medical engineering team, the same team which previously developed over 40 FDA cleared, CE marked, ISO manufactured Class II medical devices sold worldwide. Psoria-Light is "Made in the USA" at Psoria-Shield's FDA-registered manufacturing facility in Tampa, FL under their ISO 13485 certified quality system.

"The Psoria-Shield acquisition creates shareholder value through sales revenue potential as well as new product development to our company's pending cognitive neuroscience acquisition, CNS-Wellness. With CNS and now Psoria-Shield, the door is wide open for us to align Wellness Center USA with other innovative healthcare solutions that reinforce our 'well-being of mind and body' strategy," said Andrew Kandalepas, Chairman and CEO of Wellness Center USA Inc. "We're not just acquiring revenue potential, we're acquiring the very best in human resources," Kandalepas continued.     

Psoria-Light® delivers targeted UV phototherapy, either monochromatic UVB or UVA light, using deep UV LEDs.  "Targeted UV Phototherapy," as opposed to general
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SOURCE Wellness Center USA Inc.
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