Ultrasis Plc Regulatory News (ULT)

9 Sep 2005 10:50

Ultrasis PLC09 September 2005 Ultrasis PLC ("Ultrasis") ULTRASIS SIGNS DISTRIBUTION AGREEMENT WITH US HEALTH MANAGEMENT COMPANY Ultrasis, have today signed a mutual distribution agreement with HealthMediaInc, a US based technology and health management company, specialising inpersonalised web programs tailored to individual user's unique health needs. The arrangement will see the UK based interactive healthcare specialist gainaccess to HealthMedia's established sales and distribution channels, opening upsignificant opportunities for the company in the American health care market.John Hill, previously Vice President of Ultrasis Inc, has as part of the dealtransferred to HealthMedia, where he will continue to develop Ultrasis' businessin North America with the assistance of a larger sales team. In addition, the agreement will add some excellent and very complementaryHealthMedia products to Ultrasis' UK product portfolio, including a number ofproven personalised web solutions such as a weight management program and asmoking cessation tool. Ultrasis CEO, Graham Lewis, commented; "This arrangement allows us not onlygreater access to sales and distribution channels in the US, it alsosignificantly broadens the Ultrasis product range enabling us to offer verycomprehensive health care packages to the UK market." He added; "HealthMedia shares a similar ethic with Ultrasis in that it providesproven and strong, evidence based health care programs. This development is setto be very beneficial for both companies." HealthMedia CEO, Ted Dacko, commented; "We are very excited to team up withUltrasis in this way and are extremely confident that it will be a winningrelationship for both companies, we are pleased to be working with anorganization of such a high calibre." HealthMedia Inc offers a full suite of commercially licensable health products,combining the expertise and insight of health professionals with leadingtechnology to deliver tailored internet and paper-based behavioural supportprograms. All programs are based on behavioural science and use scientificallyvalidated models to produce outcomes. ENDS EnquiriesUltrasis PlcCharlie Martin, Executive Director0207 566 3900 This information is provided by RNS The company news service from the London Stock Exchange