Preferred Dental Technologies Inc. (“Company”) (CSE: PDTI): Begins trading with new symbol today, and provides Corporate Update.
Dear fellow shareholders,
Preferred Dental Technologies Inc. (PDTI) would like to thank our shareholders and supporters and to wish them all the best this holiday season and a happy New Year. This was a year of many significant milestones, and we are proud of all our accomplishments in 2017.
Overall, 2017 has been a ground-breaking year for PDTI. With this strong foundation in place we expect 2018 to be even better as we continue to develop innovative dental solutions for the dental implant market and begin marketing of the EAS Series. PDTI’s Evolutionary Accessory Series (EAS) is used to create custom dental abutments for the growing dental implant industry. I would personally like to thank all the members of the PDTI team, our advisors and our shareholders and look forward to further announcements in the new year.
Our progress in 2017 was a function of important investments in technological development, talented professionals, and systems. Process and people will continue to be a key driver in our future.
When we completed our public transaction in June, we identified several milestones we intended to reach within the first 12 months of operations. These included finalizing the design of our unique patented EAS Series components for dental implants, preparing for commercial operations and sales and continuing R&D initiatives that capitalize on the system’s unique flexibility. I am pleased to say the we are on track or ahead of schedule for each of these items.
Highlights of PDT’s achievements include the following:
The focus of PDTI was to complete engineering of our original component design and start to explore additional R&D initiatives within the first 12 months of operation. After six months of hard work from our team and advisory boards we have achieved this and made significant advances in our R&D programs. Additionally, we are now in position to begin marketing the EAS System ahead of schedule, beginning in Q1 of 2018. We will also be entering the new year with significant overseas interest in our system – an unexpected but welcome development resulting from several of our promotional initiatives.
For 2018, major priorities for us will be to maintain the momentum in marketing our product through both sales and educational channels, as well as to finalize components for the digital dental marketplace and pursuing newly developing vertical opportunities that have been generated for the company. I very much look forward to the challenges and opportunities in the year ahead for our company.
On behalf of the PDTI team, I once again thank our shareholders and I truly hope 2018 will be a prosperous and joyous year for you.
On behalf of the Boards of Directors
Preferred Dental Technologies Inc. Erik Siegmund, CEO & President CSE:PDTI
About PDTI
Preferred Dental technologies Inc. (PDTI) has been established to advance development and commercialization of various evolutionary and disruptive technologies in the dental implant industry.
MISSION – INNOVATIVE & PRACTICAL SOLUTIONS FOR THE DENTAL INDUSTRY
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.
