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Thursday October 14, 3:11 pm Eastern Time
Company Press Release
SOURCE: National Boston Medical, Inc.
National Boston Medical to Attend The Renaissance of Retailing ERA
TAUNTON, Mass., Oct. 14 /PRNewswire/ -- National Boston Medical, Inc. (OTC Bulletin Board: NBMX - news) announced today that they will be sending the Company's officers, directors, and key consultants to The Renaissance of Retailing ERA in Las Vegas, Nevada on October 16th through 19th. ''The Renaissance of Retailing'' is the 1999 Annual Conference and Exposition sponsored the Electronic Retailing Association. The Electronic Retailing Association is the industry's original, largest and most effective trade association serving the direct response marketplace. The Renaissance of Retailing ERA will help National Boston Medical position its Infotopia Division as the emerging leader in the highly competitive direct response and electronic retailing segment.
National Boston intends to utilize this conference to promote its newly named Infotopia Division's (formerly Flex Marketing) inventors and products. Infotopia will debut nine new products for release this fiscal year at The Renaissance of Retailing ERA, to complement the presently airing Backstroke® Back Massager and Cactus Jack's One Shot Cleaner. National Boston Medical will feature its inventors and their products in a reception in their honor on Monday, October 18th. Invited guests include National Boston Medical's investor and financial relations firms and several large shareholders. National Boston Medical will also be issuing multiple press releases clearly outlining the Company's vision for the Infotopia division and the benefits to their shareholders. These new products are projected to generate a minimum of $50 million in additional revenue this fiscal year, which will lead to an anticipated explosive quarterly growth in revenue and earnings. Infotopia's stated objective is to become one of the top five companies in the direct to retail marketplace in 2000.
Daniel Hoyng, CEO and Chairman stated, ''Our shareholders have been screaming for news. The next seven days should be a real eye opener to our shareholders. Our projections are rooted in good solid business assumptions. Our actual performance since January of 1999 has been remarkable and our objective is to be one of the fastest growing companies in the United States in 2000. It is hard to believe our company is only two years old. The foundation is being set, that will provide a cornerstone to our shareholders for the future. My only hope, is that one day soon our stock price will truly reflect the value that has become National Boston Medical, Inc.''
National Boston Medical, Inc. presently operates two divisions. The Bontempi Instruments Plus Division (formerly the Medical Products Division) which features medical, dental and veterinary surgical instruments sold through distributors throughout the United States, and the Infotopia which focuses on marketing products through direct response advertising to retail distribution and is presently promoting the highly successful Backstroke® Back Massager.
For Investor relations, contact Mark Cohen of the Pinnacle Group at 1-516-773-2477.
The statements in this release regarding future results of operation are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the company believes the expectations reflected in such forward looking statements are based on reliable assumptions, it can give no assurance that its expectations will be obtained. The company disclaims any intent or obligation to update these forward - looking statements.
SOURCE: National Boston Medical, Inc.
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