Quture/TCLN Announces Appointment of Richard Fantozzi, M.D., as Chief Executive Officer

Quture/TCLN Announces Appointment of Richard Fantozzi, M.D., as Chief Executive Officer

ID: 103552

Dr. Fantozzi Believes Quture's World Class Solution to Become "International Standard" to Improve Care and Reduce Costs

(firmenpresse) - WEST PALM BEACH, FL -- (Marketwire) -- 01/12/12 -- (OTCQB: TCLN) (PINKSHEETS: TCLN) and ("Quture") announce selection of , as the Chief Executive Officer and Co-Chairman of its Board of Directors. Dr. Fantozzi was selected for his prominence, expertise and experience as a physician, regulator, and business leader. He is Past President, Medical Board of California, appointed to and serving on the Boards in California under both Democratic and Republican Governors. In private practice, Dr. Fantozzi is Former Director of Head/Neck Surgery, Scripps Clinic, La Jolla, CA. He enjoyed a distinguished professional life as an otolaryngologist after training at the University of California, San Francisco. His medical degree is from the University of Illinois, College of Medicine. He serves as well as Health Professionals Education Foundation Board Member. In addition to his achievements in medicine and regulatory affairs, he is highly successful in business, having led a publicly traded company in the past and continuing with extensive real estate investments through his own REIT as President RDF Asset Group, Inc.

Dr. Fantozzi states about his appointment: "I feel very fortunate and privileged to be selected at this stage in the development of Quture to lead our endeavors to improve medical care while reducing costs. The Quture mission, products, services, and data to knowledge are consistent with my personal and professional goals for this new chapter in my life and profession. I know from my own practice how crucial performance and outcomes analytics are to physicians and their patients, as well as the hospitals and facilities where they practice, not to mention to the patients and regulators." Dr. Fantozzi added: "I look forward to working with Mr. Feazell as the Founder to implement the innovations developed over 35 years of measuring clinical performance and outcomes. I have seen from my experience both in private practice and from the California Board of Medicine that these solutions are essential to dynamically change health care for the better for all stakeholders. In my role nationally and internationally, performance and outcomes analytics as offered only in the Quture tools is the future for quality health and health care."





G. Landon Feazell, former CEO of Quture, Inc., will remain the Chairman and CEO of Techs Loanstar (TCLN) as it transitions to becoming Quture International, Inc., the holding company for Quture, Inc. As the operations company and subsidiary of Quture International, Quture, Inc. is strategically intended to become the subsidiary for North America in the Quture strategic plan. Mr. Feazell will continue to serve as Chairman and CEO of the holding company, share the Chairmanship of the Quture, Inc. Board of Directors with Dr. Fantozzi, and become the Chief of Innovations of Quture, Inc.

Dr. Fantozzi adds: "I am elated at collaborating with Landon and working side by side with the Founder of this most impressive and innovative company." Mr. Feazell states: "The Company is extraordinarily fortunate at this stage in our growth to attract the leadership of such a renown leader in medicine. Dr. Fantozzi brings incredible leadership skills from the perspectives of compliance and regulation, from the clinical practice of medicine, and from business, including both his highly successful real estate company to previously leading and successfully selling a publicly traded company." He added: "Dr. Fantozzi and I will work tirelessly to bring free enterprise solutions to the complex challenges and opportunities of improving health and health care in America and globally, while significantly reducing costs and adverse events. We expect and intend to achieve exponential returns financially and from impacts in the delivery of medical care."

About Quture

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.

About Techs Loanstar, Inc.

Techs Loanstar, Inc., a Nevada company, was initially organized to provide loan management service and software for the equity and payday loan industry. Upon completion of a Share Exchange Agreement in February 2010, Techs ceased all operations relating to its historical business and adopted the business plan to acquire an exclusive license to use and operate an online social networking platform, database and advertising revenue-share model for the purpose of seeking a business opportunity in the online social network industry. As recently announced, the FTZ Medical & Health Exchange will now leverage these social networking assets of Quture as it transitions to Quture International, Inc.

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. There is no assurance that a definitive agreement will be completed.



Contact:

For Further Information
Constellation Asset Advisors, Inc.
Jens Dalsgaard
President
+1 (415) 524-8500


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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 12.01.2012 - 13:00 Uhr
Sprache: Deutsch
News-ID 103552
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