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Tuesday, February 22, 2011 8:43:34 AM
The Company believes that upon receiving a modest amount of funding (approximately $250,000), that its wholly owned subsidiary Preferred Distribution, Inc. can grow its revenue by at least 25% each of the next two fiscal years. Specifically, the Company's goals are to grow from $1,000,000 in estimated revenue for 2010 to a minimum of $1,250,000 in forecasted revenue for Year End 2011. Year End 2012 revenues are estimated to be a minimum of $1,600,000 in forecasted revenue.
The forecasted income is based on the Company's plans to grow its revenue from the upcoming launch of its new pharmaceutical wholesale division, online marketing of its dental supply store (www.preferreddist.com), sales of previously announced new products such as Emergency Dental Kits (www.dentalkit.com) and Blast, a New Innovative Commercial Dental Suction System Cleaner.
Dr. Jan Stahl, CEO of TRDX, commented: "We are currently in discussion for the funding required to accomplish our goals and feel confident that upon receiving a minimum of $250,000, the Company can market its products effectively to reach forecasted revenues."
About SciMeDent f/k/a Trend Exploration, Inc. (Pinksheets:TRDX - News)
SciMeDent (www.scimedenthealth.com) is a company focused on being a leading developer and marketer of products and services for medicine, dentistry and life sciences. SciMeDent plans to achieve growth initially through mergers and acquisitions.
About Preferred Distribution, Inc.
Preferred Distribution, Inc. is a wholly owned subsidiary of SciMeDent. Preferred's goal is to supply the medical, dental and veterinary community with quality products at the lowest possible prices. Preferred prides itself on providing professional sales staff who are courteous, knowledgeable and dedicated to saving you time and money for your practice. Since 1987 Preferred has been serving the needs of professionals throughout the country. Preferred's dental products division is marketed through its website, www.preferreddist.com.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological or industry changes and uncertainties related to the development of the Company's business model. The actual results the Company may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
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