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Friday, 01/20/2006 10:59:31 AM

Friday, January 20, 2006 10:59:31 AM

Post# of 8333
News iVoice Completes Acquisition of Thomas Pharmaceuticals

http://www.speechtek.com/news/exhibitor/209-1.html

MATAWAN, N.J. – iVoice, Inc. acquired Thomas Pharmaceuticals, Ltd. which has become a wholly-owned subsidiary of iVoice, Inc. Thomas Pharmaceuticals develops and markets over-the-counter non-prescription health care products.



Tom Thomas, president of Thomas Pharmaceuticals, stated, "We entered into this transaction because we want to be part of creating a large, profitable, high-quality firm. iVoice’s acquisition program and financial capabilities will allow us to realize our maximum potential. We look forward to becoming part of the iVoice team as we embark on the mission to create a dynamic success story that rewards both shareholders and employees."



Thomas, added, “The company anticipates that Acid+All™ will be sold through specialty drug stores, national chain drug stores, international airport shops and luxury hotels, primarily through point of purchase displays.”



The company’s first product, Acid+All ™, is a calcium-enriched, sugar free, anti-gas antacid tablet targeted to travelers, executives and baby boomers requiring antacid relief. The product is fully developed, and sample quantities have been submitted by an FDA approved contract manufacturer who can deliver production quantities within 60 days of receipt of a purchase order.


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