Trucept, Inc. (TREP)

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SAN DIEGO, (BUSINESS WIRE) -- Trucept Inc. (OTC Pink: TREP) announced today its new subsidiary, Trucept Risk Management, Inc. Taking an innovative approach to the administration of workers’ compensation claims, the Company focuses on reducing Professional Employer Organizations’ costs.

Andrew Jones, Trucept Risk Management’s President, states, “Professional Employer Organizations pay millions each year for workers’ compensation claims. Trucept Risk Management prides itself on actively closing claims.”

Jones continues, “Our team of insurance experts take control of the full cycle of the workers’ compensation claims process.”

Trucept Inc. CEO Norman Tipton said, “The Company’s internal risk management has been using this model for several years. Our client PEOs have seen significant savings, and we believe it is time to take this to the next level with a subsidiary.”

Trucept Risk Management is based in Escondido, California, and has an office in Lehighton, Pennsylvania. Trucept Risk Management's parent company, Trucept, offers professional services that help businesses navigate growth. The Company’s professional services include:
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