BMTL - low floater. Financials out soon!
13.1m deal and we are at around 1m cap. Thoughts anyone? Seems undervalued here.
BioMedical Technology Solutions Holdings, Inc. Announces a Thirteen Million Dollar Sale to Brazil
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BioMedical Technology Solutions Holdings, Inc. ("BMTS") (OTCBB: BMTL) has received a ($13,100,000.00) thirteen million one hundred thousand dollar order for Demolizer II units and Collectors from a distributor in Recife, Brazil including customer orders from the Government agencies of ADAGRO and LACEN. The first units will be delivered within 90 days and the remainder over the course of the next twelve to eighteen months. With this one purchase order alone we anticipate profitability in 2012.
The Demolizer® II system is chemical free and environmentally friendly . It provides automatic generation of state and federal compliance documentation. The system meets or exceeds all EPA and CDC guidelines and is approved or meets treatment requirements in 48 states after review by 80 governmental agencies.
Gex "Jay" F. Richardson, President and Chairman of BMTS Holdings, Inc., said, "This order is the culmination of a year long effort in Brazil. Brazil is a great market for us and this is just the tip of the iceberg for international sales. We are systematically entering other international markets and receiving great success in each market we enter and anticipate more announcements soon."
About BioMedical Technology Solutions Holdings, Inc.
BioMedical Technology Solutions Holdings, Inc., located in Englewood, Colorado, sells and rents the Demolizer® II through its wholly owned subsidiary BioMedical Technology Solutions, Inc. BMTS' patented Demolizer® Technology converts infectious biomedical waste into non-infectious material. BMTS' products provide biomedical waste treatment solutions for the over 1,000,000 low to medium volume medical waste generators in the US and a global market five times larger than the US. For more information, visit http://www.bmtscorp.com/ or call 866-525-2687.
About the Demolizer® II
The Demolizer® II is the GREEN alternative to biomedical waste disposal. The device is the only patented, portable, and self-contained system able to process both sharps and typical red bag biomedical waste onsite. The processed waste is rendered sterile and discarded as common trash eliminating up to 100% of the cost associated with its disposal. The Demolizer® II meets or exceeds all EPA and CDC guidelines and is approved or meets treatment requirements in 48 states after review by 80 governmental agencies. The device uses no chemicals or liquids, plugs into a normal outlet through a surge protector, and automatically records and prints state required documentation. The Demolizer® II provides a safer, more environmentally GREEN method for biomedical waste disposal.
Safe Harbor for Forward Looking Statements
The statements contained in this press release may include certain projections and forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements involve a number of risks and uncertainties. Such statements reflect the Company's current views with respect to future events and financial performance. No assurances can be given however, that these events will occur or that such expectations will be achieved and that actual results could differ materially from those described. Actual results of future operations of BioMedical Technology Solutions Holdings, Inc. may differ materially from those indicated by these forward looking statements as a result of various important factors.
Contact:
Gex "Jay" F. Richardson
BMTL President and Chairman
(954) 275-3309
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