Release No. 127
MediCult a/s establishes own subsidiary in USA
As of June 1st, 2006 MediCult a/s is directly represented in the US by
its own subsidiary in Napa, California. This development has been
secured in close collaboration with MediCult’s current distributor –
Biogenics, Inc. – which will continue to support the new company with
certain office services as well as lease out part of its building to
shelter the company. The new subsidiary will initially employ 2
persons itself but will strengthen its sales force immediately with
focus on the East Coast to ensure sufficient geographical coverage.
MediCult’s Executive Vice President, Sales and Marketing, Mr. Steen
Thaarup, comments on the development, “this is an important
strategic move for us signifying an intensified focus on accelerating
the penetration of this substantial market. In the mid to long term
we have a clear ambition of being among the market leaders of ART
media in the US”.
President of MediCult Inc., Mr. Trevor Steel, adds “with increased
focus and investments in this critical market I am confident that
MediCult can establish itself as a leading supplier in 3-5 years. We
have strong products well-suited for this market”.
For more information, please contact
MediCult, Inc. President Trevor Steel
Tel: 800-643-9962
E-mail: tsteel@medicult.com |