IMD Licenses St. Mary Medical Center

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Sep 19, 2011, 09:02 ET

TAMPA, Fla., Sept. 19, 2011 /PRNewswire/ -- St. Mary Medical Center signs licensee agreement with IMD Companies (OTC: ICBU) to implement the Kidshape 2.0 program in Pennsylvania. The agreement grants St. Mary the exclusive rights to the KidShape 2.0 program in Bucks County, Pennsylvania. St. Mary will implement the program in its own centers for an initial period of two years, as well as seek new licensees for the program in their territory. The programs to be implemented consist of: KidShape® 2.0, a family-based pediatric weight management program for overweight children, ages six to twelve; KinderPLAY, a family-based nutrition and fitness program for children ages 3 to 5; and the KidShape 2.0 for Teens, a family-based pediatric weight management program for teens ages 13 to 17, and their families. As a part of the agreement, St. Mary will provide IMD with all program data as well as an intake/ measurement tool currently in development. IMD will also receive the curriculum for programs designed by St. Mary such as Chop-Chop, Now Your Cooking, and Time for Teens.

ABOUT IMD COMPANIES, INC.

IMD Companies, Inc., (OTC MARKETS:ICBU) is a Florida corporation, engaged in the medical diagnostics and health and fitness industries. Its primary products and services lie in the health and fitness nutraceutical and medical diagnostics services markets. The company further plans to expand into the weight-loss industry.

The company delivers its medical diagnostic services on-site at participating medical clinics and physician offices. The nutraceutical supplements, pills, bar and gels will be marketed and distributed through participating clinics and on-line web marketing retail methods. The company will continue to develop its innovative marketing strategies, including the use of social networking vehicles.

Safe Harbor Statement:

Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

www.imdcompanies.com

SOURCE IMD Companies, Inc.