National Hyperbaric Rehab Announces Hospital Clinics' Name - SanCuro Wound Care Systems
Posted on: Wednesday, 8 November 2006, 18:01 CST
National Hyperbaric Rehab Center Inc. ("NHRC") (Pink Sheets: NHYB) today announced "SanCuro Wound Care Systems" as the trade name for their hospital clinics. "San curo" is Latin for "to heal and to cure."
With their continuing commitment to excellence in providing the best care to their patients, NHRC recognizes the expanding need for wound care services. Currently, approximately six million people in the United States suffer from an existing wound, a high percentage of these wounds caused by diabetes. It has been projected by the American Diabetes Association that one out of three white Americans born after 2000 will become diabetic, and one out of two minorities will suffer from the disease in their lifetime.
"We expect to fill our clinics within a very short period of time, which not only means great profitability to our company, but more importantly it means greater healing for our patients," said Jerry N. Gines, president of NHRC. "In order to provide these much needed services, we intend to open as many clinics as is fiducially responsible in a short period of time to facilitate greater healing options for wound care patients."
At a single NHRC clinic, approximately 220 ulcerated wound and advanced hyperbaric patients a year can receive treatment. While there are fifteen approved conditions for the use of hyperbaric oxygen therapy, the majority of hyperbaric therapy hospital departments focus solely on the treatment of radiation necrosis. NHRC actively treats all conditions as they maintain their focus on the overwhelming need for excellent wound care of all types of wounds. Fifty SanCuro hospital clinics are projected to generate approximately two million dollars per year per clinic.
Statements contained in this press release that are not statements of historical fact are "forward-looking statements" as that term is defined under federal securities laws, including, without limitation, all statements concerning expectations, beliefs, goals, intention or strategies for the future of National Hyperbaric Rehab Center, Inc. Forward-looking statements may be identified by words such as "goals,""plans,""believes,""will,""expects" and other words of similar meaning used in conjunction with, among other things, discussions of future operations, financial performance, product development and new ventures. Many factors could cause actual events or results to differ materially from those expressed in any forward-looking statement. Investors are cautioned not to place any undue reliance on any forward-looking statements.
Source: Business Wire
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