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MEMPHIS, TN, January 14, 2020 /24-7PressRelease/ -- OrthoMatrix Corp,™ Inc. (OMCI), a holding company for The Facial Beauty Institute™, OrthoLogic™ Diagnostic Services and The ControlledArch™ System announced today 2019 revenue results and significant operational achievements.
"We are pleased to announce that our 2019 revenues increased 34.6% over prior year. This is our second consecutive year of exceptional growth. As a worldwide enterprise, we have expanded our markets into Australia, Canada and Western Europe. Our growth drivers in 2019 were the OrthoLogic™ Diagnostic Services and the ControlledArch™ System. Operational goals for 2019 focused on International integration, management and staff additions, increased provider certification courses, clinical paper publications and future product development," stated Ben Shappley, Chairman and CEO. Mr. Shappley further stated "Future R&D efforts are focused on small bone orthopaedic implant devices and stem cell implant and tissue growth technologies."
The concern OrthoMatrix Corp™, Inc. (OMCI) is a holding company for The Facial Beauty Institute™, OrthoLogic™ and the ControlledArch™ System. The Company is a market leader for advanced orthodontic reconstruction, bone growth and bone remodeling platforms. The Facial Beauty Institute™ is an Internationally-recognized, certified practitioner training and certification concern for complex case treatment plans based on individual patient needs. All courses and seminars are accredited by the Academy of General Dentistry (PACE) Program Approved Continuing Education. The OrthoLogic™ program is a provider service that offers individualized complex patient treatment plans that focuses on a highly technical process of unique radiographic and anatomy tracing process that is studied and reviewed at every step of patient treatment by a staff of highly-qualified known orthodontic specialists, maxillofacial radiologists and biomedical engineers. This individualized case-by-case process is intense and is designed to produce a highly desirable cost-effective outcome. ControlledArch™ is a patented system that incorporates the latest scientific and clinical techniques to remodel the bone structure by controlling torque and tooth movement resulting in a very predictable desired outcome. OrthoMatrix Corp, Inc. is headquartered just outside of Memphis in Germantown, Tennessee.
Any forward-looking statements are based on information available to OrthoMatrix Corporation as of the date of the statement. All written or oral forward-looking statements attributable to OrthoMatrix Corporation are qualified by this caution. OrthoMatrix Corporation does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in OrthoMatrix Corporation's expectations.
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