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Phoenix Rising Companies Announces Definitive MOU To Acquire High Tech Medical Products Distribution Company
Phoenix Rising Companies Announces Definitive MOU To Acquire High Tech Medical Products Distribution Company
PARK CITY, UT / ACCESSWIRE / February 28, 2022 / Phoenix Rising Companies (OTCQB:PRCX):
DS Chang, CEO and Chairman of the company is pleased to announce the completion of a definitive MOU to acquire 100% ownership of Emvera Technologies, LLC, based in the greater Atlanta area.
Founded in 2012, Emvera is focused on distributing various lines of aesthetic medical devices, including state-of- the-art lasers and energy-based systems.
The market for aesthetic or "vanity" treatments is growing steadily year over year. According to Grandview Research, the US market size in 2021 was $53.8 Billion USD, with a predicted compound annual growth rate of 15.2% annually through at least 2030.
Emvera's customers include doctors, medical professionals and aesthetic practitioners who
acquire the devices for use in a variety of treatments such as skin resurfacing, skin renewal and hair removal.
Emvera offers attractive financing options for their customers, with industry-leading transferable warranties, trade-in programs and reasonably priced consumables.
Following years of profitable operations, the worldwide pandemic had a negative impact on Emvera's business for the prior two years. However, this has also created opportunities for Emvera, including pending strategic alliances which it has been pursing during the last six months. In addition, sales and activity in the industry are starting to return to pre-pandemic levels.
Emvera's CEO is Eric Fuller, a long-time advisor to Phoenix and its Vice President of U.S. sales, with over 20 years of experience, and well known for his integrity and expertise.
The MOU calls for a host of additional steps, including the issuance of about 46 million common restricted shares of Phoenix and creation of financing for Emvera operations
pursuant to a formal acquisition agreement in the next 90 days.
In addition to this MOU, Phoenix continues to press forward with R&D projects and additional acquisitions, with an eye towards developing Western hemisphere subsidiaries and divisions which hold the promise growth, sustainability and profitability.
Interested parties can learn more about Emvera by visiting
Additional information will be announced as it becomes available.
For information on Phoenix Rising Companies visit
contact ir@phoenix-cos.com
CAUTIONARY STATEMENT
This press release contains forward-looking statements. Known and unknown risks may cause actual future results to vary widely. The statements are based upon Management's and Advisor's current expectations, estimates and projections; are not guarantees of future performance and are subject to certain risks and uncertainties and other factors, some of which are beyond Management's control and are difficult to predict. A reader of this press release should not place undue reliance on forward-looking statements. Investors should understand investing in shares of RSSV involves a high degree of risk and should seek competent investment advice prior to purchasing shares.
SOURCE: Phoenix Rising Companies
View source version on accesswire.com:
PARK CITY, UT / ACCESSWIRE / February 28, 2022 / Phoenix Rising Companies (OTCQB:PRCX):
德克萨斯州帕克城/ACCESSWIRE/2022年2月28日/凤凰新兴公司(场外交易代码:PRCX):
DS Chang, CEO and Chairman of the company is pleased to announce the completion of a definitive MOU to acquire 100% ownership of Emvera Technologies, LLC, based in the greater Atlanta area.
公司首席执行官兼董事长DS Chang高兴地宣布,收购总部位于大亚特兰大地区的Emvera Technologies,LLC的最终谅解备忘录已经完成。
Founded in 2012, Emvera is focused on distributing various lines of aesthetic medical devices, including state-of- the-art lasers and energy-based systems.
Emvera成立于2012年,专注于分销各种美容医疗设备系列,包括最先进的激光和基于能量的系统。
The market for aesthetic or "vanity" treatments is growing steadily year over year. According to Grandview Research, the US market size in 2021 was $53.8 Billion USD, with a predicted compound annual growth rate of 15.2% annually through at least 2030.
美容或“虚荣心”治疗的市场每年都在稳步增长。根据Grandview Research的数据,2021年美国市场规模为538亿美元,预计至少到2030年,年复合增长率为15.2%。
Emvera's customers include doctors, medical professionals and aesthetic practitioners who
Emvera的客户包括医生、医疗专业人员和美容从业者
acquire the devices for use in a variety of treatments such as skin resurfacing, skin renewal and hair removal.
购买这些设备,以用于各种治疗,如皮肤表面重塑、皮肤更新和脱毛。
Emvera offers attractive financing options for their customers, with industry-leading transferable warranties, trade-in programs and reasonably priced consumables.
Emvera为他们的客户提供有吸引力的融资选择,拥有业界领先的可转让保修、以旧换新计划和价格合理的消费品。
Following years of profitable operations, the worldwide pandemic had a negative impact on Emvera's business for the prior two years. However, this has also created opportunities for Emvera, including pending strategic alliances which it has been pursing during the last six months. In addition, sales and activity in the industry are starting to return to pre-pandemic levels.
在多年的盈利运营之后,全球大流行对Emvera前两年的业务产生了负面影响。然而,这也为Emvera创造了机会,包括过去6个月来一直在寻求的悬而未决的战略联盟。此外,该行业的销售和活动正开始恢复到大流行前的水平。
Emvera's CEO is Eric Fuller, a long-time advisor to Phoenix and its Vice President of U.S. sales, with over 20 years of experience, and well known for his integrity and expertise.
Emvera的首席执行官是埃里克·富勒(Eric Fuller),他是菲尼克斯公司的长期顾问,也是凤凰公司负责美国销售的副总裁,拥有20多年的经验,以正直和专业知识而闻名。
The MOU calls for a host of additional steps, including the issuance of about 46 million common restricted shares of Phoenix and creation of financing for Emvera operations
谅解备忘录要求采取一系列额外措施,包括发行约4600万股凤凰卫视的普通股限制性股票,并为Emvera业务创造融资
pursuant to a formal acquisition agreement in the next 90 days.
根据一项正式的收购协议,在接下来的90天内。
In addition to this MOU, Phoenix continues to press forward with R&D projects and additional acquisitions, with an eye towards developing Western hemisphere subsidiaries and divisions which hold the promise growth, sustainability and profitability.
除了这份谅解备忘录外,菲尼克斯还将继续推进研发项目和其他收购,着眼于发展具有增长、可持续性和盈利前景的西半球子公司和部门。
Interested parties can learn more about Emvera by visiting
感兴趣的人可以通过访问以下网站了解更多关于Emvera的信息
Additional information will be announced as it becomes available.
更多信息将在可用时公布。
For information on Phoenix Rising Companies visit
有关凤凰崛起公司的信息,请访问
contact ir@phoenix-cos.com
联系ir@Phoenix-cos.com
CAUTIONARY STATEMENT
警示声明
This press release contains forward-looking statements. Known and unknown risks may cause actual future results to vary widely. The statements are based upon Management's and Advisor's current expectations, estimates and projections; are not guarantees of future performance and are subject to certain risks and uncertainties and other factors, some of which are beyond Management's control and are difficult to predict. A reader of this press release should not place undue reliance on forward-looking statements. Investors should understand investing in shares of RSSV involves a high degree of risk and should seek competent investment advice prior to purchasing shares.
本新闻稿包含前瞻性陈述。已知和未知的风险可能会导致未来的实际结果大相径庭。这些陈述是基于管理层和顾问公司目前的预期、估计和预测;不是对未来业绩的保证,会受到某些风险、不确定因素和其他因素的影响,其中一些因素是管理层无法控制的,很难预测。本新闻稿的读者不应过分依赖前瞻性陈述。投资者应该明白投资RSSV的股票涉及高度风险,在购买股票之前应该寻求称职的投资建议。
SOURCE: Phoenix Rising Companies
资料来源:凤凰新秀公司
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