Simulated Environment Concepts, the manufacturer and developer of medical, aesthetic and wellness equipment, announced it is strategically planning 2011 with New Year sales and distribution agreements already in the pipeline.
The company is currently working on fulfilling its first run of 2011 pre-orders for its Demark Distributor as well as preparing for full production of its French distributor’s first quarter projected sales. According to management, the company is also engaged in talks with Canadian and Italian distributors as well as a second dealer in Demark.
“We have some exciting things planned for this upcoming 2011, coincidentally our 11th year in business,” stated Dr. Ella Frenkel, President & CEO of Simulated Environment Concepts, Inc. (SE Concepts). “With the influx of orders we have received, the value of our international manufacturing and distribution contracts, further penetration into the medical markets, and the franchise opportunities being presented to us, we’d be remiss not to act accordingly and give our full attention to the efforts of creating and sustaining shareholder value.”
In addition to signing new agreements and increasing sales for the new year, SE Concepts also plans to provide greater transparency. Management believes the company is likely significantly undervalued just based on its distribution agreements alone – currently valued at an estimated $15,000,000. As a result, SE Concepts will retain a research firm to conduct and prepare independent research reports to demonstrate the company’s perceived value to investors. The company has also managed its current reporting status for the past year laying the ground work to become a fully-reporting company in 2011. Furthermore, the company is planning its first public engagement with shareholders either by a shareholder conference call or audio/video address. “We feel full transparency is key to building shareholder confidence,” said Dr. Frenkel.
The company’s first convention of the New Year is intended to support the expansion of its Middle East markets. “Our Dubai distribution team will be presenting at the Arab Health Dubai International Convention in January,” stated Dr. Ilya Spivak, Marketing Director and Co-Inventor of the SpaCapsule. “We are preparing a customized unit specifically for the show, to further our market penetration into the Middle East and abroad.”
“With all of our strategic planning, the success of our International Distribution Arms and ongoing sales, we’re expecting to fulfill our current 2011 contracts prior to the fourth quarter as domestic and international demand for SpaCapsule continues to grow,” concluded Dr. Spivak.
Let us hear your thoughts: Simulated Environment Concepts Inc. Message Board