Business Services Industry

Modern Medical Modalities Corporation Appoints Investor Awareness, Inc. To Launch Investor Relations Program

Business Wire, July 25, 2006

UNION, N.J. -- Modern Medical Modalities Corporation (OTCBB:MODM) a comprehensive healthcare diagnostic imaging services company (DIS) today announced it has retained the services of Investor Awareness, Inc. as its investor relations firm. Chicago-based Investor Awareness, Inc., a full service investor and media relations consulting firm, provides private and publicly traded companies with customized programs to generate awareness among members of the financial community. Investor Awareness specializes in accelerating growth in the value of small to midsize companies.

Tony Schor, President of Investor Awareness, Inc., said, "We are pleased to work on behalf of Modern Medical Modalities Corporation during this exciting phase of their growth and development. We look forward to communicating the company's compelling story to our established relationships among the investment community."

"Investor Awareness, Inc. will play an integral role in ensuring we reach the investment community with our message," said Barry Hayut, Chairman and Chief Executive Officer of Modern Medical Modalities Corp. "We believe that Investor Awareness, Inc is uniquely qualified to represent us. In view of our anticipated progress and corporate expansion, we are confident the time is right for us to effectively generate awareness and covey our strategy for continued growth."

About Modern Medical Modalities Corporation:

Modern Medical Modalities Corp. is a comprehensive Healthcare Diagnostic Imaging Services ("DIS") company, which is pursuing the opportunity of the combined American DIS market, which is currently generating approximately $60 billion annually, and is expected to grow at 8% per year.

The company provides a comprehensive range of leading edge diagnostic imaging services to its owned, operated, and managed centers. The management services provided include the selection and acquisition of appropriate equipment, design and supervision of facility construction, provision and training of technical and support staff. Its services also include patient billing and collection, marketing and management services. It has government reimbursement programs including Medicaid and Medicare. It delivers its services to its customers through either contractual arrangements with managed care providers or physician groups. As of 31-Mar-2006, the Company owns, operates, and manages five diagnostic imaging centers located in New Jersey and Louisiana

"Safe Harbor" statement under the Private Securities Litigation Reform Action of 1995: The statements in this release which are not historical fact are forward-looking statements based upon the Company's current plans and strategies, and reflect the Company's current assessment of the risks and uncertainties related to its business, including such things as product demand and market acceptance; the economic and business environment and the impact of government pressures; currency risks; capacity; efficiency and supply constraints; and other risks detailed in the Company's press releases, shareholder communications and Securities and Exchange Commission filings. Actual events affecting the Company and the impact of such events on the Company's operations may vary from those currently anticipated.

COPYRIGHT 2006 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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