WEST PALM BEACH, Fla.,
Feb. 21, 2012 /PRNewswire/ --
SurgLine International, Inc. (SGLN.PK).
Thomas Toland, CEO of SGLN and
SurgLine, Inc. ("SurgLine") stated, "Over the past six months we
have made certain public relations announcements as to certain
strategic business arrangements, distribution contracts and a
pending acquisition in an effort to update our shareholders of the
company's continued progress.
Our management team has completed an internal review of each of
the previously made announcements and continues to believe at this
date that each announcement previously released still merits
continued revenue opportunities for the Company through the end of
calendar year 2012 and beyond."
In addition Mr. Toland was quoted as saying, "The Company is
working to develop long-term business solutions in the acute care
healthcare space and in the operating room. In some cases these
opportunities may take longer than expected to integrate our high
value, low cost solutions into our intended client product
offerings. It is not unusual for acute care hospital systems to
move slowly even when they wish to move quickly. We remain
focused on developing long-term clients who benefit from our
product offerings, including spine hardware, trauma, and sports
medicine."
Finally, Mr. Toland also was quoted as saying, "We are committed
to keeping our shareholders apprised of any material events as they
occur and which we are focused on achieving each and every day.
Additionally, we are committed to identifying and improving any
element or issue that may prevent us from reaching our collective
goals as a Company. This will include selecting highly competent
and seasoned independent board members that will add confidence and
expertise to our team. Long-term strategies include revenue and
earnings growth, and expansion of our business model into new
markets where appropriate and reporting our results on an ongoing
basis via regulatory disclosure at all times."
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality
FDA approved medical and surgical products at discount prices,
thereby reducing or eliminating the historical brand premium paid
by healthcare providers including acute care hospitals, surgery
centers, surgical hospital, self insured employers and insurance
companies. SurgLine offers high quality medical and surgical
supplies and products at substantial savings utilizing stocking
distributors and institutional buyers by sourcing products globally
without the historical brand premium and industry markup.
About SurgLine International, Inc.
SurgLine International, Inc. is a holding company that in
addition to SurgLine, wholly owns Nuvo Solar Energy, Inc., a
development stage company that owns unique patent pending solar and
photovoltaic related technology. The Company is also seeking
other business opportunities.
This press release may include forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements are based on the Company's current expectations as to
future events. However, the forward-looking events and
circumstances discussed in this press release might not occur, and
actual results could differ materially from those anticipated or
implied in the forward-looking statements.
For Further Information Contact:
Thomas Toland
949-698-8485
SOURCE SurgLine International, Inc.