Preferred Dental Technologies Inc. (“Company”) (CSE: PDT): Preferred Dental Implant Corp. announces initial product order complete, outlines future initiatives being undertaken
The Company has a four-part solution for a dental implant mounting system called “Evolutionary Accessory Series” (“EAS”). The EAS system provides a universal platform which solves the continuing problem misaligned, difficult to solve restorations utilizing features no other custom dental abutment offers for dental implant industry. Because of its unique, multi-component, universal nature, the the potential of the EAS can be expanded to included both contemporary and up and coming materials and techniques like no other system.
Mr. Erik Siegmund, CEO of the Company and President of (PDIC), Is pleased to report the following. In a follow-up to the July 12, 2017 Press Release, the initial product order has been completed by our manufacturing partner. We now have our initial product order finished with packaging and labelling now underway. Also completed during this time has been our catalog, which will be added to our list of marketing materials.
Mr. Siegmund stated, “Thanks to the accelerated efforts of our team working in conjunction with our manufacturer, the engineering of our components has been completed ahead of schedule. We are now finalizing our product offering for commercialization. Once labelling and barcoding of the product is complete, an update will be issued when marketing and sales initiatives commence.”
Mr. Siegmund further added “With our core initiatives being finalized for Preferred Dental Implant Corp. and this phase of our product introduction near completion, we have initiated development of additional milestones outlined in our Listing Statement dated June 8, 2017, available for review at cse.com Activities include identification of a non noble alloy for the EAS which will provide an extremely attractive price point to dental labs and dentists.”
As revealed previously, the EAS has universal features not offered by other Companies. As the Company has been developing the digital aspect of the EAS, it is apparent that the system has unique competitive advantages over its competitors. The Company is excited with the developments to date in the CAD/CAM and milling research and will reveal more as this stage is being finalized.
The Company is also pleased to announce, in a follow-up to it’s July 10, 2017 Press Release, that its Quality Management System documentation update has been completed to bring it in line with ISO 13485: 2016 standards. The completion of these steps all clear the path to begin commercialization of the EAS System in the immediate future. We look forward to announcing these developments shortly.
As great progress has been made in product development, the Company is also aware that security is a concern by anyone who uses the Internet today. To that end not only will the online store have SSL security, the Company will also have prefdent.com and preferreddentalimplant.com protected with SSL security. This includes the highest level certification with 2048 bit encryption.
Additional opportunities for company growth have come our way since re-listing on the CSE on June 8, 2017 and we are currently researching and shortlisting those we feel will bring increased shareholder value.
About PDT
Preferred Dental technologies Inc. (PDT) has been established to advance development and commercialization of various evolutionary and disruptive technologies in the dental implant industry. PDT’s first entry into this market is the successful acquisition of Preferred Dental Implant Corp (PDIC) which will operate as a wholly owned subsidiary of PDT. PDIC is the developer and innovator of the EAS series that provides a solution for custom dental abutments for dental implants. Designed by an experienced dental lab technician, the EAS supplies a solution not currently available by any other dental implant Company.
Visit: www.preferreddentalimplant.com www.prefdent.com
On behalf of Preferred Dental Technologies Inc.
Erik Siegmund
Chief Executive Officer
Email: [email protected]
Tel: 204.691.3722
This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the Company’s objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required
by law. Neither The Canadian Securities Exchange nor its Regulations Services Provider (as that term is defined in the policies of The Canadian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.
