SOURCE: United Treatment Centers, Inc.
NEW YORK, NY–(Marketwire – August 3, 2010) – United Treatment Centers, Inc. (
Dear Fellow shareholders:
It has been three months since the company has issued a press release and we, UTRM management, wanted to inform investors on the progress of the company’s business plan.
The company was notified that Glaxo Smithkline had filed a trademark infringement lawsuit which precluded the advisability of shipping any product with the contested name. There was no way of knowing how long the legal process would be, and weeks became months. The company is diligently working to resolve the issue with Glaxo and will inform investors on any progress immediately. “We feel this lawsuit has only delayed the company’s ability to ship product and will ultimately be finalized,” said Todd Spinelli Vice President of Business Development. He added, “This proprietary product brings sanitary brushing, convenience and the first ever waterless toothbrush to the forefront of a 47 Billion Dollar global industry.”
The company continues to pursue contracts and business relationships in anticipation of the resolution of the lawsuit. The company has ordered product parts without the “Aquafree” name to fulfill any new orders and will announce any shipments. UTRM management does not feel that the success of the Waterless Toothbrush is dependent upon the “Aquafree” name and is anxious to move forward in following up with promising initiatives with a number of government agencies and international distributors.
UTRM has discovered, and is targeting, a very promising sector for the Waterless Toothbrush in the United States — municipalities in states that face severe challenges with water conservation initiatives.
Significantly for the long term future of UTRM, the company has been approached by well-known retail merchants but it has been determined that it would be advisable that the company “grow” into accepting these larger orders from these large potential customers. Financing larger orders too early in the company’s financial history can be limiting and restrict our flexibility, but we anticipate closing on these larger accounts in the next six to twelve months.
UTRM management is confident that our business plan is solid and the company will continue to sign contracts with significant marketing partners within the next few weeks. We apologize for the inadvertent delays in executing our business plan, but we are excited by the future of the company and our groundbreaking product. We already know there is a great deal of interest by green technology firms, governmental and non-governmental organizations (NGO’s) and international distributors.
As shareholders too, we understand your frustration with recent delays, but we thank all shareholders for their patience and support. You can visit us at www.thewaterlesstoothbrush.com
Sincerely,
UTRM Management
To be included in the company’s database for company updates, press releases and industry developments, investors and shareholders should send their e-mails to [email protected].
About United Treatment Centers, Inc.
UTRM is a dental health and green technology company which developed and is now marketing a revolutionary new, patented and patent pending oral care product which will change the way people perform their daily dental hygiene task-brushing teeth. UTRM will oversee out-sourced production of a patent pending consumer product focused on the $4.8 billion United States oral care market segment comprised of toothbrushes and toothpaste. The Waterless Tooth Brush is unique with significant advantages over existing and traditional toothbrushes: it cleans and prevents cavities 35% better than traditional brushing because it uses liquid dentifrice (Journal of American Dental Association [JADA:135(7): pp.1023-1029]), so toothpaste is no longer required to brush, allowing the user to brush virtually anywhere at any time with no water required. The company’s corporate website is http://www.unitedtreatmentcenters.com/.
This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current expectations or beliefs, and are subject to uncertainty and changes in circumstances changes in economic, business, competitive, technological and/or regulatory factors.
Safe Harbor
Statements about the Company’s future expectations and all other statements in this press release other than historical facts, are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words “anticipate,” “estimate,” “expect,” “intend,” “plans,” “projects,” and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
Contact:
Investor Relations for United Treatment Centers, Inc.
718-777-0752