China Nuvo Solar Target Acquisition SurgLine Announces Third-Party Distribution Agreement With OptiMedical, Corp.
Stocking Distributor OptiMedical's initial orders provides penetration into multi billion dollar medical and surgical product industry
WEST PALM BEACH, Fla., July 28, 2011 /PRNewswire/ -- China Nuvo Solar Energy, Inc. (OTCQB: CNUV) today announced that SurgLine, Inc. has executed a stocking distribution agreement with OptiMedical Corp. ("OptiMedical") of Simi Valley, California. OptiMedical is a distributor of orthopedic, spine and ENT products selling into hospitals and surgery centers.
Mr. Michael Todd, CEO of OptiMedical stated, "We are excited and look forward to a long term relationship to represent SurgLine as a stocking distributor. We have recently placed our third order for orthopedic related products and have been extremely satisfied with their customer service in the order and delivery process. The product quality has met or exceeded our customer's expectations, and the pricing has been very competitive. OptiMedical is currently at a seven figure annual run rate with SurgLine and we expect the relationship to grow substantially as we continue to convert more of our customers."
Mr. Tom Toland, CEO of SurgLine was quoted as saying "We are pleased to have executed a stocking distributor agreement with OptiMedical. Michael Todd and his team bring an invaluable distribution partner to SurgLine and its offering of FDA approved products. OptiMedical has more than 30 years of combined sales success selling to hospitals and surgery centers and to others on the West Coast."
"We believe this gives tremendous credibility to SurgLine's business model. To have the quality of a distributor such as OptiMedical to believe in SurgLine and the confidence to potentially convert his large customer base to SurgLine is a testament to their quality product, service and pricing. We believe SurgLine's ability to source and distribute medical and surgical products without the historical brand premium markup can be an industry changer", stated Henry Fong, CEO of China Nuvo Solar Energy, Inc.
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality FDA approved medical and surgical products at discount prices, thereby reducing or eliminating the historical brand premium paid by healthcare providers including acute care hospitals, surgery centers, surgical hospital, self insured employers and insurance companies. SurgLine offers high quality medical and surgical supplies and products at substantial savings utilizing stocking distributors and institutional buyers by sourcing products globally without the historical brand premium and industry markup.
About OptiMedical Corp.
OptiMedical is the Orthopedic Surgical Implant source for Local and Regional Medical and Surgical Providers, Dealers, Brokers and Distributors. Their product line includes FDA approved Orthopedic surgical Implants and devices for Orthopedic, Spine, and ENT procedures, constituting a broad range of surgical implants, instruments, power surgical tools, and operating room equipment. OptiMedical and their distributors provide precision German engineered products that meet the highest quality standards in the medical industry as well as the required local service to hospitals and surgical centers.
About China Nuvo Solar Energy
China Nuvo Solar Energy, Inc. is a development stage company that owns unique patent pending solar and photovoltaic related technology. The Company is also seeking other business opportunities.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
For Further Information Contact:
Henry Fong, President
(561-514-9042)
SOURCE China Nuvo Solar Energy, Inc.
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