March 22nd, 2010
ORLANDO, Fl – PR NEWSWIRE – March 22, 2010 – MedX Limited, the manufacturer and global distributor of MedX®-branded medical exercise and fitness equipment and a subsidiary of WellTek Incorporated (OTCBB:WTKN), today announced the completion of another sale to the U.S. Military. The Company intends to secure contracts with the U.S. Department of Defense to not only provide equipment, but also to provide services which will prevent and/or rehabilitate chronic back and neck problems for members of the U.S. Military.
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February 10th, 2010
ORLANDO, Fl – PR NEWSWIRE – February 10, 2010 – MedX Limited, the manufacturer and global distributor of MedX®-branded medical exercise and fitness equipment and a subsidiary of WellTek Incorporated (OTCBB: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.
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February 10th, 2010
ORLANDO, Fl – PR NEWSWIRE – January 5, 2010 – WellTek, Incorporated, a global health, fitness and wellness company, today announced that Grass Roots Research and Distribution, Inc., an independent equity research firm, has issued a research report on the Company.
To view the report, go to: http://www.grassrootsrd.com/Reports/welltek,_inc..pdf
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February 9th, 2010
Recognized Medical Experts to Guide Operating Practices Toward Increased Value for Patients
ORLANDO, Fl – PR NEWSWIRE – February 09, 2010 – WellTek Incorporated (OTCBB:WTKN), committed to combating chronic neck and back pain, has established a Medical Advisory Board for the company’s wholly-owned subsidiary, Pure HealthyBack, to institute and lead the single most important step in healthcare reform for chronic neck and back pain – measurement and reporting of patient results. The five members of the Advisory Board include: Thomas E. Dreisinger, PhD; Sam Toney, MD; Larry Cortez, MD, FACP; Michael Fulton, MD; and John Karazim, II, MD.
Commenting on his appointment to the Advisory Board, Dr. Dreisinger said, “I look forward to working with such a progressive program. I have personally witnessed the tangible results produced with the MedX protocols and technology. Pure HealthyBack is set apart by its ability to provide quantifiable results that are protocol specific, objectively measureable, evidence-based and outcomes driven. The system put in place demonstrates a true accountability for the quality of patient care.”
ORLANDO, Fl – PR NEWSWIRE – February 09, 2010 – WellTek Incorporated (OTCBB:WTKN), committed to combating chronic neck and back pain, has established a Medical Advisory Board for the company’s wholly-owned subsidiary, Pure HealthyBack, to institute and lead the single most important step in healthcare reform for chronic neck and back pain – measurement and reporting of patient results. The five members of the Advisory Board include: Thomas E. Dreisinger, PhD; Sam Toney, MD; Larry Cortez, MD, FACP; Michael Fulton, MD; and John Karazim, II, MD.
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January 26th, 2010
ORLANDO, Fl – PR NEWSWIRE – January 25, 2010 – WellTek Incorporated (OTCBB:WTKN), a global health, fitness and wellness company, today announced new appointments to the executive management team of its subsidiary company, MedX Limited. Lawrence Evans, who served as President, CEO and Chairman of MedX from 1994 through 1998, returns to the Company as its President. Also returning to the leadership team as VP of Product Development is Clay Steffee, who previously led equipment design and development at MedX from 1995 through 1998.
Commenting on the appointments, Randy Lubinsky, Chairman and CEO of WellTek, stated, “We are very pleased to welcome back two individuals who, more than a decade ago, played mission critical roles in establishing MedX as an early pioneer, innovator and recognized leader in the medical exercise industry. Larry and Clay’s return to MedX marks a milestone event for the Company and exemplifies WellTek’s commitment to revitalizing MedX’s prominence in the industry.”
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January 19th, 2010
Grants Medical Exercise Centers International, Inc. Distribution Rights to Market and Sell MedX Exercise and Rehabilitation Equipment in Brazil, Colombia and Mexico
ORLANDO, Fl – PR NEWSWIRE – January 19, 2010 – MedX, Ltd., a wholly owned subsidiary of WellTek Incorporated (OTCBB: WTKN), a global health, fitness and wellness company, today announced that it has granted Medical Exercise Centers International, Inc. (MECI) distribution rights to market and sell the Company’s full line of exercise and rehabilitation equipment in Brazil, Colombia and Mexico. Established in 2000, MECI owns and operates its own proprietary network of sports medicine and rehabilitation centers in Spain and Venezuela and has served as a valued customer and distributor of MedX products in those markets over the past decade.
Grants Medical Exercise Centers International, Inc. Distribution Rights to Market and Sell MedX Exercise and Rehabilitation Equipment in Brazil, Colombia and Mexico
ORLANDO, Fl – PR NEWSWIRE – January 19, 2010 – MedX, Ltd., a wholly owned subsidiary of WellTek Incorporated (OTCBB: WTKN), a global health, fitness and wellness company, today announced that it has granted Medical Exercise Centers International, Inc. (MECI) distribution rights to market and sell the Company’s full line of exercise and rehabilitation equipment in Brazil, Colombia and Mexico. Established in 2000, MECI owns and operates its own proprietary network of sports medicine and rehabilitation centers in Spain and Venezuela and has served as a valued customer and distributor of MedX products in those markets over the past decade.
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January 15th, 2010
Bundled-Payment Strategy Fits Right into Healthcare Reform Initiative
ORLANDO, Fl – PR NEWSWIRE – January 15, 2010 – WellTek Incorporated (OTCBB:WTKN), a global health, fitness and wellness company that is committed to combating chronic neck and back pain, announced today that Pure HealthyBack, Inc., a wholly owned subsidiary, is in advanced discussions with several health plans across the country to adopt and rollout its Pure Healthy Back Program.
More specifically, over the past year, Pure HealthyBack has been implementing a multi-phased plan to ultimately build and operate a national network of medical rehabilitation centers for chronic neck and back pain utilizing MedX medical machines, scientifically proven clinical protocols, and an innovative patient-centric approach that places a keen focus on quality care, measurable health outcomes, and cost savings over the life of the patient. The Program’s unique approach effectively manages each patient’s condition with long-term value in mind. The overriding mission of the Pure HealthyBack Program is to get patients out of the formal healthcare system’s expensive merry-go-round and measurably improve their quality of life.
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December 18th, 2009
ORLANDO, Fl – PR NEWSWIRE – December 18, 2009 – MedX Limited, the manufacturer and global distributor of MedX®-branded medical exercise equipment and a subsidiary of WellTek Incorporated (OTCBB:WTKN), today announced the sale of 227 MedX exercise and medical machines to 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.
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December 3rd, 2009
ORLANDO, Fl − PR NEWSWIRE − November 24, 2009 − Two thirds of adults are overweight and one third of those are obese. Experts estimate that 80 percent of the population will experience a back problem at some point in their lives. Back pain is one of the most common reasons for missed work and the second most common reason for visits to the doctor’s office. Combine these sobering statistics with ever-increasing healthcare costs and the growing health concerns among the global population, and it’s easy to see why the economic outlook for the health and fitness industry is resoundingly positive.
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December 3rd, 2009
WellTek/MedX Group Completes Major ReorganizationORLANDO, Fl − PR NEWSWIRE November 11, 2009 WellTek/MedX Group, health, fitness and wellness companies, today announced that it has completed a major corporate reorganization to facilitate becoming an SEC reporting company.
On November 11, 2009, MedX Systems, Inc. merged into a wholly owned subsidiary of an SEC reporting public company, previously named Pharmacity Corporation, and subsequently changed its name to WellTek Incorporated. As a result of the merger, there are 85,783,828 shares of common stock outstanding, including approximately 70,000,000 shares issued in the merger. In addition, there are outstanding options and warrants exercisable into an aggregate of 8,660,411 shares of WellTek Incorporated.
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