Frederick, Md., Nov. 15 /PRNewswire-FirstCall/ -- BioElectronics Corporation, (Pink Sheets: BIEL), announced today a partnership with PROFOOT, Inc. for distribution of the ActiPatch(TM) product in Canada. ActiPatch(TM), which is approved by Health Canada, is a drug-free, anti-inflammatory patch for the relief of pain from stress, strains and sprains. Specifically, ActiPatch(TM) will be marketed through the PROFOOT(R) line of foot care products for the relief of such foot conditions as plantar fasciitis, heel spur and arch pain. The product will be available at prominent retail stores throughout Canada,
"We are thrilled to have such a successful product as ActiPatch(TM) added to our family of products. This drug-free therapy will help bring relief to thousands of people who suffer from debilitating foot conditions," said Dr. Leonard Feldman, CEO of PROFOOT, Inc.
"This is not only a wonderful opportunity for ActiPatch(TM), but for PROFOOT, Inc. as well. We look forward to a strong and profitable partnership with a well respected company such as PROFOOT," said BioElectronics Corporation, CEO Andrew Whelan.
Thomas O'Connor, BioElectronics Corporation's COO further commented "The partnership with PROFOOT, Inc. is yet another example of how we are working with first rate companies to make our ActiPatch(TM) therapy into a total solution for patients. We are very impressed with the technological, production and marketing capabilities of PROFOOT, Inc. They are a great organization to be associated with and we look forward to making this a success in both Canada and eventually the United States."
About BioElectronics Corporation: BioElectronics Corporation (Pink Sheets: BIEL) are the makers of ActiPatch(TM), a drug-free anti- inflammatory patch with an embedded battery operated microchip that delivers weeks of continuous pulsed therapy for less than a dollar a day. The unique ActiPatch delivery system, using patented technology, provides a cost- effective, patient friendly method to reduce soft tissue pain and swelling.
For more information visit http://www.bioelectronicscorp.com/
About PROFOOT, Inc.:
PROFOOT, Inc., America's second largest brand of consumer foot care products is based in Brooklyn, NY. The PROFOOT(R) brand is available at tens of thousands of mass-retail outlets in the USA as well as 20 other countries.
For more information visit http://www.profootcare.com/
Safe Harbor Statement:
This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of both companies in light of current conditions, expected future developments and other factors it believes to be appropriate. Actual results may differ as a result of factors over which the companies have no control.
