Feb 11 2010
MedX Limited, the manufacturer and global distributor of MedX®-branded medical exercise and fitness equipment and a subsidiary of WellTek Incorporated (OTC Bulletin Board: WTKN), today announced the completion of its first sale in New Zealand, succeeding the sale of 227 MedX exercise and medical machines to customers in a diverse list of countries, including Australia, Germany, India, Scotland, South Korea, Spain and Switzerland. The recently sold MedX equipment will be used in various medical rehabilitation and fitness facilities throughout the aforementioned countries.
"The completion of this sale helps to further reinforce the fact that our global expansion strategy is working," stated Larry Evans, MedX President. "WellTek has been leveraging the well-trusted MedX brand throughout the United States in key growth niche markets to drive MedX sales in the domestic health, fitness and wellness industry. However, our recent sales of equipment to a growing base of international customers is part of our greater strategy to extend the reach of our brand and materially increase our penetration of the industry on a universal basis."
Incorporated into every MedX product is decades of experience and millions of dollars of independent, university-based research. Its products achieve training efficiency through resistance curves matched to tested and proven strength profiles.
SOURCE WellTek Incorporated