MIAMI, July 5, 2011 /PRNewswire/ -- Simulated Environment Concepts (SMEV.PK), the manufacturer and developer of medical, aesthetic, weight loss, wellness, and slimming equipment, announced today that the Company expects an analyst research report to be released within the next five business days.
Allen Licht, Chief Operating Officer of Simulated Environment Concepts (SE Concepts) stated, "We received word from Grass Roots Research that an analytical reporting on our company will likely be available for release within the week. While we aspire to be on the 'watch list' of many financial analysts, this first report is the advent of serious analytical assessment of our great company as the completion of the SMEV audit is clearly eminent. This report is just the first of many I'm sure, yet, it shall nonetheless prove very valuable to our current and prospective shareholders."
Management believes this research report will not only provide additional transparency, but foreshadow what tremendous value the next two quarters may hold for SE Concepts; particularly after completion of the audit and anticipated up-listing. Combine this with management's reports of continuous sales increase and ongoing market expansion, growth opportunities may be endless. This [growth opportunities] may certainly be reflected in the company's decision to re-establish its domestic sales force.
Dr. Ilya Spivak, Marketing Director and Co-Founder of SE Concepts stated, "Initially, at the behest of our lead consultant, we focused our attention toward distributorships within the international market as a means to stabilize revenues and thwart the U.S. recession. The unexpected growth fueled by this decision has not only opened us up to new sales opportunities globally but has rekindled domestic demand quite considerably. Luckily, this domestic demand comes during a time where financing options for U.S. vendors and other interested domestic purchasers of the SpaCapsule, is becoming readily available once again as the economy strengthens."
The company plans to immediately begin a cost effective domestic sales program employing completely independent sales associates. Management indicates this method controls cost and will encourage sales reps to procure hefty purchase orders – possibly securing sales to big corporations such as Google, fitness franchises like Bally Fitness and professional athletic leagues such as the NHL.
Mr. Licht concluded, "As we reduce production cost, domestic sales of the SpaCapsule will help to substantially increase profitability. With approximately 900 units contracted for purchase through our international distributorships, we are confident we can surpass that same twenty-seven million dollar revenue potential from international sales, domestically, within the next twenty-four months."
With recent U.S. sales to announce, the company seems to be well on its way.
About Simulated Environment Concepts, Inc.
Simulated Environment Concepts, Inc. (SE Concepts) (SYMBOL: SMEV) is an industry leading manufacturer and developer of cutting edge medical, health and wellness equipment promoting relaxation, physical rehabilitation, weight loss, slimming and cellulite reduction.
SE Concepts was established in 2000 by doctors dedicated to advancements in medical technology and aesthetics. Its flagship product, SpaCapsule®, which is currently distributed in over 37 countries, is a robotic massage therapy system used for medical rehabilitation, relaxation, weight loss, slimming, cellulite management and general wellness.
Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.
SpaCapsule is a registered trademark of Simulated Environment Concepts, Inc.
For more information on SE Concepts, SpaCapsule®, PTjetCapsule™ and Celude Laboratories™ products you can visit the company's product website at www.spacapsule.com, the corporate website at www.seccorporation.com, the corporate blog at http://www.spacapsule.wordpress.com, Facebook at http://www.facebook.com/SpaCapsule or request more information via email at [email protected], or call at (888) 757-0797 or (305) 651-9200.
Simulated Environment Concepts
Investor Relations Department
SOURCE Simulated Environment Concepts