TORONTO, Aug. 23, 2006 (PRIMEZONE) -- Swiss Medica, Inc. (OTCBB: SWME) announced today that the Caribbean Institute of Orthopedics ("CIO") has become a Swiss Medica international distribution partner. CIO, with offices in Santo Domingo, Dominican Republican will be marketing and distributing Swiss Medica's O24 products throughout the Caribbean.
According to Kamille Ramsunder, the President of the Caribbean Institute of Orthopedics:
"We are officially endorsing Swiss Medica's award winning O24 Pain Neutralizer as our flagship pain product for this region. CIO is hoping to fight crippling diseases like Osteoarthritis/Rheumatoid Arthritis and Fibromyalgia in the most natural way and we have found that there is no better way to relieve chronic pain than to use Swiss Medica's O24 Pain Neutralizer. Swiss Medica's O24 Pain Neutralizer has also been endorsed by our partners, The Canadian Institute of Orthopedics."
Grant Johnson, President and COO of Swiss Medica stated, "We are proud to see the international orthopedic community reach out and endorse our products, and it is our goal to continue to grow Swiss Medica's international presence through these strategic distribution deals. We expect to make several more announcements regarding our international expansion plans over the next several months."
About the Caribbean Institute of Orthopedics
The Caribbean Institute of Orthopedics (CIO) supplies professional services to patients requiring orthotic devices and specialized braces for a variety of biomechanical problems for the entire Caribbean region. The Caribbean region compromises the islands of Bahamas, Barbados, Dominican Republic, Cuba, and Aruba, among others, and according to the latest United Nations survey (2004) of the Caribbean, the twenty-four island nations have a population over 38-million and a Gross Domestic Product that is growing at 2.4% a year.
About Swiss Medica, Inc.
Swiss Medica is a specialty pharmaceutical company focused on commercializing over-the-counter clinically-tested, patented, all-natural products that relieve chronic ailments. Swiss Medica builds its brands through innovative and focused distribution and marketing strategies. Swiss Medica's mission is to be a world leader in the commercialization of over-the-counter, safe and effective chronic ailment treatments. Please visit our websites at www.swissmedica.com, www.O24zone.com and www.pmsescape.com.
Swiss Medica's flagship product, the O24 Essential Oil Pain Neutralizer, holds US Patent No. 6,444,238B1. The O24 pain relief solution has been used and recommended for its fast-acting and long-lasting benefits by healthcare professionals and athletes in the United States, Canada and in Europe. O24 is widely available over-the-counter throughout the United States and Canada in leading pharmacies and other retailers. Customers can also visit www.O24zone.com, for ordering details and store locators for the nearest pharmacy.
Swiss Medica has recently launched the patented O24 Fibromyalgia pain reliever (US Patent No. 6,444,238B1) over-the-counter in North American retailers. The National Fibromyalgia Association (NFA) recently awarded O24 Fibromyalgia their first NFA Seal of Approval. Over 10 million Americans suffer from the long-term pain associated with Fibromyalgia. In a randomized double-blind clinical trial conducted in 2005, 88 percent of the patients who used O24 Fibromyalgia reported mild to markedly better improvement, versus only 7 percent who used the placebo. Customers can also visit www.O24zone.com, for ordering details and store locators for the nearest retailer.
Swiss Medica also distributes PMS Escape(r), which holds US Patent Nos. 5760014 and 5612320. PMS Escape(r) is a specially formulated group of carbohydrates, vitamins and minerals, clinically proven to reduce changes in mood and appetite that women experience during the premenstrual period. Customers can also visit www.pmsescape.com for additional information and ordering details.
Forward-looking statements in this news release are made pursuant to the "Safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to acceptance of Swiss Medica's products in Canada, the United States and other countries, risks related to international sales and purchases and potential foreign currency exchange fluctuations, acceptance of Swiss Medica's products, increased levels of competition, dependence on intellectual property rights and other risks detailed from time to time in Swiss Medica's periodic reports filed with the United States Securities and Exchange Commission and other regulatory authorities.