Unity Management Group Subsidiary Announces First Contracts of 2012 with Purdue Pharma L.P. and Novartis
EAST HANOVER, N.J., Jan. 26, 2012 /PRNewswire/ -- Unity Management Group, Inc. (OTC: UYMG) (or "the Company") is pleased to announce its wholly owned subsidiary Metropolitan Computing Corporation (or MCC) is opening 2012 with a great head start. MCC has received $50,000 in new, annual business awards as result of upgrades on software systems and instrumentation on tablet presses installed at Purdue Pharma L.P. and Novartis. The contracts include existing tablet presses, as well as calibration and upgrades on MCC's Patented Presster Tablet Press.
The Company has invested in the development of its Patented Presster Tablet Press as a means to serve its large pharmaceutical customers with industry-leading technologies. The Presster is a patented and trademarked legacy product of MCC Corp. It acts as a single station high-speed system that replicates the compression profile of any production tablet press. By using the same tooling and compression rollers as a rotary press, the Presster system mimics the punch movement of any tablet press by matching press geometry. The Presster is patented, completely manufactured by MCC, and sells for $345,000.00 each unit.
"We are excited to continue to expand our relationships with major pharmaceutical companies in the tablet press market. We believe the new orders we are announcing today are the first of many we will see in 2012," said Michael Oliver, Vice President of Unity Management Group, Inc. Mr. Oliver continued, "Contracts like this are not only a vote of confidence for our Company, they are also very profitable, since they are service oriented. We look forward to providing exemplary service to not only large Pharmaceutical companies, but expanding our service model into other industries as well."
About Purdue Pharma L.P.
Headquartered in Stamford, CT, Purdue Pharma L.P. is engaged in the research, development, production, and distribution of prescription and over-the-counter medicines and healthcare products. Additional information about Purdue can be found at www.purduepharma.com.
Novartis provides innovative healthcare solutions that address the evolving needs of patients and societies. Headquartered in Basel, Switzerland, Novartis offers a diversified portfolio to best meet these needs: innovative medicines, eye care, cost-saving generic pharmaceuticals, preventive vaccines and diagnostic tools, over-the-counter and animal health products. Novartis is the only global company with leading positions in these areas. In 2011, the Group's continuing operations achieved net sales of USD 58.6 billion, while approximately USD 9.6 billion (USD 9.2 billion excluding impairment and amortization charges) was invested in R&D throughout the Group. Novartis Group companies employ approximately 124,000 full-time-equivalent associates and operate in more than 140 countries around the world. For more information, please visit http://www.novartis.com.
About Unity Management Group, Inc.
Unity Management Group, a health resource company, will continue to provide innovative physician practice management services that offer high value and significant return on investment for physicians practices and hospitals through its three subsidiary companies: United Healthcare Solutions Inc., Unity Technologies Inc., and United Business Services Inc.
The first subsidiary, Unity Business Services, is a full service management company offering solutions in practice management, billing, staffing, contracting, licensing, credentialing, and accounting. Unity Business Services also offers assistance in HIPAA compliance, marketing, and unique solutions for practice start-ups and new practices.
Unity Technologies Inc. is a complete software solutions company offering billing, electronic medical records, and electronic health records for physicians' offices and hospitals.
United Healthcare Solutions, a national company based in Nevada, is a healthcare company will be providing medical, vision and dental plans, as well as PPO and HMO networks.
For more information please go to our website which can be found at
Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Unity Management Group, Inc. Investor Relations 855-413-0755
SOURCE Unity Management Group, Inc.
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