Santa Barbara Medical Innovations(TM) Signs Deal in Excess of $500 Million With Erchonia Medical(TM) for ZERONA(TM)
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SANTA BARBARA, CA, May 04 (MARKET WIRE) --
Santa Barbara Medical Innovations (SBMI), a company dedicated to bringing
innovative, safe, and effective healthcare products to market, today
announced the acquisition of exclusive rights to market the ZERONA(TM) in
North America. ZERONA(TM) is a new, non-invasive, painless body slimming
device scientifically proven to result in an average of 3.5 inches lost
from patients' waist, hips and thighs.
"Our partnership with Santa Barbara Medical Innovations will significantly
strengthen our position in the North American market," said Steve Shanks,
President of Erchonia. "We believe SBMI sees the value in our
revolutionary technology and their strategic approach complements our
vision and long-range plans."
"This agreement allows us access to break-through technology and leverages
our ability to reach physicians and consumers alike to redefine the
non-invasive procedure marketplace. ZERONA(TM) will not just be a part of
the market segment, it will capture a whole new client base and represents
hundreds of millions of dollars in incremental services," said Chip Conk,
CEO of Santa Barbara Medical Innovations. "Partnering with Erchonia to
market ZERONA exclusively represents not only a meaningful milestone for
our company and investors, but also reinforces our commitment in bringing
proven, innovative health products to market. We will also be rolling out
a proprietary 'Service Use' model that will allow physicians access to the
innovative technology for their patients without having to incur hundreds
of thousands of dollars in upfront costs."
"SBMI will manage the sales, distribution, and marketing of the ZERONA(TM)
laser to physicians in key markets throughout North America and will
market the ZERONA(TM) innovative technology through multiple vehicles,
including direct mail, advertising, public relations, and consumer
promotions," explained Rowland Hanson, President of The HMC Company,
business development consultant to Erchonia and board member of SBMI.
"Even though the initial response has been dramatic, the plan for the
first year is to limit distribution so that we can manage the roll-out
properly."
Unlike invasive weight loss surgery, ZERONA is a revolutionary method that
is applied externally without the dangers associated with surgery, while
at the same time allowing patients to remain active during treatment. The
simple procedure consists of six 40-minute treatments over a two-week
period. It has been featured on dozens of news programs and publications,
most recently on the national CBS daytime television show "The Doctors."
SBMI will place ZERONA with physicians in key markets throughout the U.S.,
Canada, and Mexico. To be considered for this limited distribution or for
more general information, please contact Joellyn Conk at joellyn@sbmi.com
or visit www.myzerona.com. For ZERONA marketing and distribution rights
consideration outside of North America, please contact Rowland Hanson at
rhanson@theHMCcompany.com
About Santa Barbara Medical Innovations (SBMI)
SBMI is dedicated to bringing proven, innovative health and wellness
products that are safe and effective to market.
SBMI is the exclusive U.S. distributor of ZERONA Non-Invasive Body
Slimming System. To learn more about ZERONA, visit www.myZerona.com.
About Erchonia
Erchonia is the global leader in low-level laser healthcare applications.
For the past 15 years Erchonia has been conducting research & development
with the world's leading physicians to advance the science of low level
lasers. Prior to market introduction, all Erchonia lasers are proven to be
safe and effective through independent clinical trials. Currently
thousands of Erchonia's lasers are used daily to reduce body fat,
eliminate pain, accelerate healing, and treat acne.
For additional information, visit www.erchonia.com.
About The HMC Company
The HMC Company is a leading business development and strategic
communications consulting firm with clients in a wide range of industries.
From Microsoft to Starbucks to Eli Lilly, the founders of The HMC Company
played key roles in the explosive growth of these global companies.
For additional information, visit www.theHMCcompany.com
Contact:
Kat Calbes/Melissa Barto
BLAZE
310-395-5050
kcalbes@blazepr.com/mbarto@blazepr.com
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