FENTON, Mich., Jul 8, 2003 (BUSINESS WIRE) -- ATNG, Inc. (OTCBB:ATNG.OB) announced today that it has signed a "Memorandum of Understanding" for the purchase of a medical diagnostics company.
According to Dr. Simpson, CEO, "ATNG has agreed to acquire a Memphis Tennessee based medical diagnostics company which provides in pharmacy health tests. We intend to set the global standard for cost, accessibility, accuracy and results privacy. We do this by enabling individuals to "partner" with their healthcare providers in identifying health threats in the early stages, minimizing irreparable damage and accelerating the healing process."
This acquisition is expected to be operating at a profit when current orders are processed. The outlook for continued revenue growth and profits is conservatively optimistic. We intend to use ATNG's media to enhance the sell through of the products to the consumer.
About ATNG
ATNG has several acquisitions of profitable or soon to be profitable companies in the works. Our new web site will soon provide a communication link to those interested in our progress. We are acquiring media for advertising our products.
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
SOURCE: ATNG, Inc.
CONTACT: ATNG, Inc. Robert Simpson ir@atng.net
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Copyright (C) 2003 Business Wire. All rights reserved.
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KEYWORD: TENNESSEE MICHIGAN INDUSTRY KEYWORD: E-COMMERCE INTERNET MEDICAL PHARMACEUTICAL ADVERTISING/MARKETING MERGERS/ACQ
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