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Tuesday, June 06, 2006
MediCult a/s establishes own subsidiary in USA


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

 

                                                                                                                        

 

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