Somatic Systems, Inc. Reinvigorates Efforts With US Military
15 September 2009 - 1:16AM
Marketwired
Somatic Systems, Inc. (PINKSHEETS: SMAS) stated that they have
accelerated their efforts on their projects to provide pain care
services to the US Military and establish Military health insurance
coverage for Somatic Systems' powerful Clinical Somatics pain
treatment method.
Somatic Systems is pursing a number of goals with the US
Military to implement large-scale treatment of the 70 million
soldiers, veterans, and dependents in the military health care
system using its advanced Clinical Somatics pain care and injury
treatment methods. This includes providing retail therapeutic
self-help products and in-patient services at Veterans and military
hospitals, as well as achieving coverage by military health
insurance. Additionally, the company is currently planning a
rollout of clinical treatment centers adjacent to military bases
and other locations across the US to provide sufficient services to
personnel.
Somatic Systems has re-engaged with Leading Points Corporation
to assist in reaching key milestones in their efforts. These
include rollout planning and market analysis for retail product
distribution, as well as placement of the company's product on the
Army and Air Force Exchange Service (AAFES) Source List, the Navy
Exchange Service Command (NEX COM) Source List, the Coast Guard
Exchange System (CGES) Source List, the Marine Corps Exchange
System (MCX) Source List. Leading points will also provide liaison,
distribution, sales, and coordination services for these retail
efforts.
In the area of clinical treatment services and clinics, Leading
Points will facilitate the company's provision of services to
members of the armed forces and their families by members of the
military health care system, across all branches of the United
States Armed Forces (US Army, US Navy, US Air Force, US Marine
Corps and the US Coast Guard). Leading points will also act as
liaison between military organizations and the Company to
facilitate all matters of marketing and advertising of services. As
an organization composed of veterans and advised by generals and
other active officers, Leading Points facilitates access to key
decision makers of the US Military health care system to include
active military hospital commanders, Pain management specialist,
Veterans administration personnel and manager and policy makers of
Insurance providers. Leading points will also assist with
additional presence, education, and marketing in military
communities and events, as well as work with military related
charity programs.
To these ends, Leading Points has and will continue to introduce
the Somatic Systems to a multitude of Military media outlets to
promote and enhance the sales of company's products. Leading Points
will also assist with military appreciation programs, to offer
discounts and other savings to our nations active soldiers and
veterans and their families.
The company's efforts were slowed due to economic and market
factors, temporarily preventing Leading Points participation in the
project. The company has secured the necessary financial position
and is again ready to reach its military goals.
The Military Chronic Pain Crisis
In October, Somatic Systems announced it was working to provide
its proprietary Clinical Somatics pain-care services for US
military hospitals and the Veterans Administration. In addition to
seeking in-house arrangements at bases and facilities, the company
is preparing to rollout multiple clinics at military base locations
throughout the US, to provide easy access to Clinical Somatics
services at a time when the US military is strongly seeking
satisfactory pain treatment solutions such as Clinical Somatics --
and following a wave of legislation including the Military Pain
Care Act of 2008, which requires the Department of Defense,
Veterans Affairs, and Health and Human Services and the Surgeon
General of the United States to implement and maintain a pain care
initiative in all military health care facilities and for all
active and retired military personnel, dependents, and
survivors.
Nearly 26 million living Americans have served in the military,
and pain is the most common symptom and cause of disability amongst
veterans, with more than 40% of returning service members reporting
musculoskeletal pain-related problems and symptoms. Additionally,
long-term sufferers as well as family members and other dependents
of all ages also face pain and other musculoskeletal problems; and
this population totals over 70 million people, served by the
Veterans Administration. In the face of this, military officials,
medical authorities, and government officials have reported
frustration that the military does not yet have a satisfactory pain
care program in place.
About Somatic Systems, Inc.
Somatic Systems is the worldwide center for Clinical
Somatics(TM), the groundbreaking drug-free, non-surgical approach
to pain relief. This proprietary system uses natural, non-invasive
movement techniques -- conducted through one-hour hands-on
sessions, therapeutic exercises classes, and home exercises lasting
as little as 5 minutes a day -- to relieve pain and limitation
resulting from accident, trauma and repetitive stress, including
back pain, knee pain, joint problems, carpal tunnel syndrome, TMJ,
scoliosis, bursitis, sciatica, headaches, tendonitis and more.
Clinical Somatics(TM) also provides performance gains and injury
prevention for casual and professional athletes.
Somatic Systems is pursuing a 3-part growth strategy, consisting
of a nationwide rollout of pain management Somatics Clinics;
increased production and distribution of therapeutic videos, books,
and other retail self-help Somatics Products; and expanded Somatics
Training Programs to supply Clinic practitioners serving medical
and orthopedic professionals and institutional and corporate
programs. The company operates a suite of web sites offering
Somatics information, products, resources, and opportunities, at
www.somatics.org.
Safe Harbor Act: This release includes forward-looking
statements made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995 that involves
risks and uncertainties including, but not limited to, the impact
of competitive products, the ability to meet customer demand, the
ability to manage growth, acquisitions of technology, equipment, or
human resources, the effect of economic business conditions, and
the ability to attract and retain skilled personnel. The Company is
not obligated to revise or update any forward-looking statements in
order to reflect events or circumstances that may arise after the
date of this release.
Contact: Somatic Systems, Inc. For more information visit
http://www.somatics.org or contact: Investor Relations 1 877
586-2555
Somatic Systems (CE) (USOTC:SMAS)
Historical Stock Chart
From Nov 2024 to Dec 2024
Somatic Systems (CE) (USOTC:SMAS)
Historical Stock Chart
From Dec 2023 to Dec 2024