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Thursday, May 25, 2006 1:41:10 PM
I asked David a few things today. First off, the pilot program for the Health Wellness here in the states will begin sometime soon. Not sure exact dates, but soon. I asked about Union Dental, he said they are waiting for Union to get back to them to move forwards. He says Brazil is moving along and all is well with business. We will see announcements when finished.
Now, this is a response to you from questions I asked him on your part. I love the answer regarding capital!!!
We have a lot of options when it comes to Cornell and fund raising. We feel confident to address that issue in the near future. As far as competitors, we don't have any direct ones in the US. In Brazil there is one, but they don't offer the same type of solution-- and they go after smaller clients, with a cheaper solution.
This is a new model for the US market so it's a bit more complex, however, when we talk to them they see the cost savings to them and they (potential US clients) are impressed.
If your friend havs any questions, he can certainly email me or call me directly.
David Sasso
Vice President
Investor Relations & Corp. Communications
(P) 305.629.3090
(F) 305.629.3092
(C) 954.907.8987
www.transax.com
Oh yeah baby, confident to address in the near future!
L8ER
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