Quture/TCLN Announces Its Purchased Interest in FTZ Medical and Health Exchange
(firmenpresse) - WEST PALM BEACH, FL -- (Marketwire) -- 01/10/12 -- (OTCQB: TCLN) (PINKSHEETS: TCLN) and ("Quture") announced today that its quality healthcare subsidiary Quture, Inc. has acquired a fifty percent interest in "FTZ Medical & Health Exchange." Quture will also have an exclusive license for the distribution of its quality medical products and services. The FTZ Medical & Health Exchange intends to become the world's largest Medical & Health Network for Hospitals, Physicians, Out Patient and Urgent Care Centers, Dental Care, Vision Care, Insurance Companies, Alternative Medicine, Medical Tourism, Pharmaceutical companies, Vendors and Patients. The Exchange has a revenue model which receives a percentage of gross sales from the sale of products and services from its preferred partner network vendor program, premier membership fees from companies and patients and revenue from the sale of its own products and services. The Exchange intends to utilize our social networking assets coupled with well established existing social networking distribution channels to provide patients with multiple ways to save money on products and services plus make money.
The Exchange will also increase revenues and lower costs for each of the Professional Medical members through new patient acquisition programs, unique revenue sharing programs, group purchasing and discount programs for products and services, new technologies, new methods for collections and billing and practice and equipment financing.
Mr. Hossam Ghanem, a Partner of FTZ Exchange, LLC, stated, "With the medical knowledge and expertise of the Quture Management team, combined with their global network of contacts in the medical and health industry, the FTZ Medical and Healthcare Exchange plans to become the premier Network to increase revenues and lower costs for hospitals, physicians, healthcare facilities and vendors. For Patients, the Network may provide lower costs for medical and health care, insurance and medical products and services. With Quture products, physicians and patients will be able to receive better quality medical information and choices."
For Vendors, the Exchange intends to be the largest Medical & Health Network which will increase revenues, reduce costs of customer acquisition, lower the costs of distribution and increase customer retention.
For patients, the Medical & Health Exchange Network will reduce the cost of healthcare through group programs including insurance, healthcare products and services and provide alternative medicine from around the globe. Through Quture quality healthcare products, patients will be more informed about capabilities of hospitals, doctors and healthcare. Patients may be covered from Concierge Medical Services to Clinic services. Non-insured patients will also receive low cost healthcare through the network. Patients will also have a unique program for making money through the Exchange through a referral system.
Quture products and future products will have an exclusive license agreement through the Exchange's distribution channel to provide quality healthcare products globally. Quture will pay a 5% commission on the gross sale of products and services.
Mr. Landon Feazell, CEO of Quture, Inc., stated, "The principals of the FTZ Exchange have successfully demonstrated business to business exchanges in various industries from 1997 until today. I believe that the FTZ Medical and Health Exchange could become the premier global Medical and Healthcare Network." He added: "We are confident the Quture/TCLN shareholders will more fully understand the logic in the reverse merger with TCLN, including its social networking assets. The potential for the Exchange is evident, with maximum leverage from the core competencies of Quture."
FTZ Exchange, LLC (FTZ), a recently formed partnership, will link businesses together in a proprietary system of companies mutually sharing information and resources to create global trade efficiencies and maximizing opportunities for all its member companies. FTZ, which offers real time commerce with a global banking and payment system, was established by a group who have started multiple Business to Business Internet exchanges and who have been involved in global trade for over twenty five years. Their first Internet company, Entrade (Energy Trading), was started with Exelon in 1997 and was merged into a NYSE company. The principals have co-founded or partnered in Internet exchanges with such companies as Go Industry () formerly AssetTrade; NAI Global (), which did over $40 Billion in commercial real estate transactions last year and was recently acquired by C-III Capital Partners LLC; Asset Control, in partnership with Textron Financial; and other Internet exchanges in such industries as utilities; global trade; trucks; advertising; asset disposition, printing, shipping containers and logistics.
Quture, Inc., a Nevada corporation, is an emerging growth company positioned to rapidly become the international standard in healthcare performance and outcomes measurement and analytics to accomplish its corporate mission. Quture provides healthcare organizations, insurers, government payers, and other stakeholders in the healthcare community with performance measurement tools and data sets. Industry experts agree that performance and outcomes measurement is the "transformative tool" to reduce medical cost and improve quality of care. Quture's management team has 35 years of experience and a long history of working with many of the nation's leading healthcare institutions as a leader and innovator in measuring clinical performance. Quture is now testing its revolutionary solution to effectively and efficiently measure clinical performance from multiple vendor databases.
Forward-Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs; customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
Contact:
For Further Information
Constellation Asset Advisors, Inc.
Jens Dalsgaard
President
+1 (415) 524-8500
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Datum: 10.01.2012 - 13:00 Uhr
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