WEST PALM BEACH, Fla.,
May 17, 2012 /PRNewswire/ -- SurgLine
International, Inc. (SGLN.PK)
Thomas Toland, CEO of SGLN and
SurgLine, Inc. ("SurgLine") stated that the Company has acquired
Eden Surgical Technologies, LLC., ("Eden") a Texas Limited
Liability Company. Eden is a distributor of trauma products
with extensive products focused on this highly profitable
sector.
"We are pleased to announce today that we have acquired Eden
pursuant to a Share Exchange Agreement (the "Agreement") in
exchange of 50 million shares of restricted common stock of SGLN."
Toland went on to say, "the acquisition of Eden will substantially
expand our line of trauma products while providing the company with
pricing which we believe will give us a competitive advantage in
the marketplace. We will have immediate access to products that are
crucial to our acute care hospital clients in particular. These
products include both stainless steel and titanium offerings."
"As we continue to meet the potential demand to significantly
lower the cost of trauma related hardware for our clients, this
transaction will provide the Company a very compelling and
competitive line up of products to achieve our goal of 'More
Savings for Your Healthcare Dollar' with additional focus on our
trauma hardware line to complement our spinal implant line."
About SurgLine, Inc.
SurgLine (www.surgline.com) sources and distributes high quality
FDA approved medical and surgical products at discount prices,
thereby reducing or eliminating the historical brand premium paid
by healthcare providers including acute care hospitals, surgery
centers, surgical hospital, self-insured employers and insurance
companies. SurgLine offers high quality medical and surgical
supplies and products at substantial savings utilizing stocking
distributors and institutional buyers by sourcing products globally
without the historical brand premium and industry markup.
About SurgLine International, Inc.
SurgLine International, Inc. is a holding company that in
addition to SurgLine, wholly owns Nuvo Solar Energy, Inc., a
development stage company that owns unique patent pending solar and
photovoltaic related technology. The Company is also seeking
other business opportunities.
This press release may include forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. These
statements are based on the Company's current expectations as to
future events. However, the forward-looking events and
circumstances discussed in this press release might not occur, and
actual results could differ materially from those anticipated or
implied in the forward-looking statements.
For Further Information Contact:
Thomas Toland
949-698-8485
SOURCE SurgLine International, Inc.