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Therma-Med, Inc. Signs Letter of Intent to Acquire Bella Vita Chiropractic Clinic

^{Published on 2010-01-05 14:10:14 - Market Wire}
 

BEVERLY HILLS, CA--(Marketwire - January 5, 2010) - Therma-Med, Inc. (PINKSHEETS: [ THRA ]) has signed a letter of intent with the Bella Vita Clinic to purchase 49% ownership of the clinic located in the GTA of Ontario. The Company feels that the Bella Vita Clinic would be an ideal candidate to participate in its expanded business model of clinic ownership. The existing revenue that the clinic is currently generating makes it a potential candidate for Therma-Med to acquire. The opportunity to add a revenue stream into the Company will open the doors for many opportunities later on in the year. The Company intends to keep the current clinic staff to ensure uninterrupted care for our patients. At this time the Company has begun its due diligence on the business model of Bella Vita and it is expected that within the next 3 months we shall be positioned to determine our forward progress with the clinic.

About Bella Vita Clinic:

The clinic has been in operations now for the last 7 years in the Greater Toronto Area (GTA) and has approximately 1100 patients. Recently the clinic has added to its chiropractic services a DITI (Digital Infrared Thermal Imaging) service. "As a company, we're focusing more on the opportunities to provide health care services beyond the traditional medical approaches. By partnering up with existing clinics we feel that this will provide a strong base for future growth of our services and products to be provided in the future, allowing an additional source of revenues," says President Joshua Suarez. For more information about thermal imaging and the services we provide, please visit us at [ www.therma-medinc.com ]

About Therma-Med, Inc.:

Therma-Med, Inc., through our highly specialized Thermal Imaging and breakthrough alternative procedure clinics, is poised to become a healthcare industry leading company providing the alternative medicine approach to good health, as well as providing patients with an adjunctive diagnostic procedure that effectively pursues and exposes the benefits of early detection and prevention of various medical conditions. Therma-Med, Inc. provides alternative medicinal procedures, current medical support services and utilizes thermal imaging systems that incorporate state-of-the-art infrared technologies and proprietary software to accurately and cost-effectively measure physiological changes in the human body allowing patients of all walks of life access to a proactive form of maintaining good health and quality of life through early detection and prevention.

Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.