Thursday, November 18, 2010

Simulated Environment Concepts, Inc. (SMEV.PK) Exceeds Sales Expectations

Simulated Environment Concepts this morning announced that the expected number of sales has been exceeded by some of its distributors. “Sales of the SpaCapsule are steadily increasing,” stated Dr. Ilya Spivak, Marketing Director of Simulated Environment Concepts (SE Concepts) and Co-Inventor of the SpaCapsule. “If distributors continue at this rate, our 4-year agreements could be completed within 3-years.”

The company has signed several multi-year, multi-million dollar manufacturing deals with international distributors this past year; estimating sales of nearly 600 units. Distribution companies like Zen & O and I. SEPTA Co., LTD are taking full advantage of SE Concepts’ recent FDA application, increased demand within the medical community and favorable results of the clinical and cosmetic study conducted by the Dermscan Group.

According to the press release, SE Concepts is in talks with other prominent distributors throughout Europe, Asia, Canada and the UAE to keep up with global demand. It is anticipated that an additional multi-year distribution deal will be in place by year-end – adding to the current increase in sales and global demand.

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