|
|
|
Heritage Worldwide Inc Selects Allen & Caron for Investor Relations
23 May 2005
Heritage Worldwide Inc (OTC Bulletin Board: HWWI - News), a manufacturer of silicone implants and body support products worldwide, announced that it has selected Allen & Caron Inc as its investor relations agency.
Heritage Worldwide ("HWWI") manufactures and distributes silicone implants. Products include pre-filled breast implants, custom made implants, expanders, inflatable and pre-filled sizers, and retention garments. Heritage Worldwide markets predominantly to a European and South American client base, and maintains a strong foothold in Asian and African markets as well. With plans to target the US market, the Company through its partnership with Medicor, is currently conducting extensive US clinical trials to secure FDA clearance.
Jean-Claude Mas, Chairman of the Board of Directors of Heritage Worldwide, said, "We have accomplished strong revenue increases, and turned the Company from losses to profits -- without having tapped the world's largest market in the US. We believe there are plenty of growth opportunities outside the US, and we have a US distributor who will shoulder the task of gaining FDA approval. Until then we remain one of the Top 3 providers of breast implants worldwide."
Heritage Worldwide CEO Alain Sereyjol-Garros said, "As our international expansion progresses, we believe it is time to launch a proactive investor relations program in the United States to increase our exposure to the investment community. Following a review of many firms, we selected Allen & Caron because they demonstrated an appropriate level of understanding of our international growth plan, and have a solid record working with smaller, growing manufacturing companies."
Allen & Caron Chairman and CEO Joe Allen said, "With Heritage Worldwide currently selling its products in 50 countries, it is poised to become one of the largest manufacturers and distributors of breast implants in the world. This year will be an important one for Heritage Worldwide, with its recent turnaround to profitability and an increase in worldwide market share. Heritages R&D department is also developing significant new products for markets worldwide. We believe the investment community will respond with interest and enthusiasm."
About Allen & Caron
Allen & Caron is a full service corporate, investor and marketing communications agency serving the needs of public companies. The Allen & Caron international client base includes emerging growth companies in a range of industry segments. It maintains offices in Irvine, California, New York City and London, England.
About Heritage Worldwide, Inc
Heritage Worldwide is incorporated in the State of Delaware. The Company's subsidiaries research, develop, manufacture, and market breast and other body implants and body support products worldwide. One of the Company's subsidiaries, PIP France, maintains its production facility in the Toulon metropolitan area in Southern France, with a distribution facility in Spain. The Company is ISO 9001, version 2000, compliant.
Safe-Harbor Statement
This press release includes statements that may constitute "forward- looking" statements, usually containing the words "anticipate", "expects", "intend", "plan", "predicts", "believe", "seek", "estimate", "may", "will", "should", "would", "could", "potential", "continue", or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward looking-statements speak only as of the date hereof and are based upon the information available to us at this time. These statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward- looking statement as a result of various factors.
Important factors that may cause such a difference for Heritage Worldwide include, but are not limited to, competitive pressures and other factors such as the introduction or regulatory approval of new products by our competitors and pricing of competing products and the resulting effects on sales and pricing of our products, disruptions or other problems with our sources of supply, significant product liability or other claims, difficulties with new product development and market acceptance, patent conflicts, product recalls, United States Food and Drug Administration delay in approval or rejection of new and existing products, changes in governmental regulations, use of hazardous or environmentally sensitive materials, our inability to implement new information technology systems, and other events.
Our Annual Report on Form 10-KSB and other Securities and Exchange Commission filings discuss the foregoing risks as well as other important risk factors that could contribute to such differences or otherwise affect our business, results of operations and financial condition. By making these forward-looking statements, we undertake no obligation to revise or update publicly these statements for revisions or changes after the date of this release.
--------------------------------------------------------------------------------
Source: Allen & Caron Inc
Source: PR Newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
Related Articles
|
|
|
