IDAHO FALLS, Idaho--(BUSINESS WIRE)--Audiotech Healthcare Corporation (PINK SHEETS: AUDJF-News) (TSX-VENTURE: AUD), a leader in audiological assessment and auditory rehabilitation clinics, announced another step in its U.S. expansion program.
CEO Ozzie Iadarola says: "We opened a new satellite clinic in Driggs, Idaho. Driggs is only four miles from the Wyoming boarder. Jackson Hole, Wyoming is a 40 minute drive from Driggs. The clinic is in the Teton Valley Medical Hospital Centre. This new location should prove to be very successful.
"Our Rexburg, Idaho clinic, previously a satellite of our Idaho Falls clinic, is now a full fledged clinic, with Driggs now its satellite.
"We are optimistic about the outlook for continued growth during the remainder of 2002 and throughout 2003. We positioned the company to take full advantage of the shifting demographic trends and emerging hearing aid technologies."
About Audiotech: Audiotech has 11 clinics in Canada and now 3 in the U.S. -- it emerged from the difficult markets of 2000/2001 in a healthy position to move forth with its strategy of consolidating the hearing center/auditory rehabilitation clinic industry. Suitable new acquisition opportunities in the healthcare sector are again becoming plentiful. www.audiotech.org (Yahoo AUDJF.PK)
Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the company's products, increased levels of competition for the company, new products and technological changes, the company's dependence upon third-party suppliers, intellectual property rights, and other risks.
CONTACT:
Audiotech Healthcare Corporation
Ozzie Iadarola, 250/372-5847
info@audiotech.org
