IMD Companies, Inc. (ICBU) announces improved financials in Q3

Wed Feb 6, 2013 5:32pm EST

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TAMPA, Fla.,  Feb. 6, 2013  /PRNewswire/ -- IMD Companies Inc. (ICBU) has
announced that it has greatly reduced operating expenses and is streamlining
operations to cut waste. As reflected in the latest third quarter filings, IMD
has indicated that ongoing operating expenses have been cut by a substantial
amount. This move will serve to bring the company closer to a profitable
situation sooner than expected.

CEO  Bruce Collett  stated that "going forward we expect to make every dollar
count and our goal is to be profitable as soon as possible."  

ABOUT IMD Companies, Inc.

IMD Companies, Inc., (OTC MARKETS: ICBU) is a  Florida  corporation, engaged in
the medical diagnostics and health and fitness industries. Its primary products
and services lie in the health and fitness nutraceutical and medical diagnostics
services markets. The company has also expanded into the weight-loss industry.
The company delivers its medical diagnostic services on-site at participating
medical clinics and physician offices. The nutraceutical supplements, pills, bar
and gels will be marketed and distributed through participating clinics and
on-line web marketing retail methods.  The company will continue to develop its
innovative marketing strategies, including the use of social networking

Safe Harbor Statement:  

Certain statements made in this press release constitute forward-looking
statements that are based on management's expectations, estimates, projections
and assumptions. Words such as "expects," "anticipates," "plans," "believes,"
"scheduled," "estimates" and variations of these words and similar expressions
are intended to identify forward-looking statements. Forward-looking statements
are made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, as amended. These statements are not guarantees
of future performance and involve certain risks and uncertainties, which are
difficult to predict. Therefore, actual future results and trends may differ
materially from what is forecast in forward-looking statements due to a variety
of factors. All forward-looking statements speak only as of the date of this
press release and the company does not undertake any obligation to update or
publicly release any revisions to forward-looking statements to reflect events,
circumstances or changes in expectations after the date of this press release.  

SOURCE  IMD Companies Inc.

Lee Segal, +1-855-463-4630,

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