DALLAS, TX, Jul 14 (MARKET WIRE) —
USA Signal Technology, Inc. (PINKSHEETS: USST)
(http://www.usasignal.com/) announces the resignations of Bob Stevenson,
President/CEO, and Paul Calixto, CFO, and the appointment of Gary
Westbrook as President/CEO pursuant to the previously announced
acquisition of substantially all the assets and liabilities of CTFLA,
LLC., d.b.a. American Wholesale Health
(http://www.americanwholesalehealth.com/).
Further the Company announces the contemporaneous spin-off of USA Signal
Technology, Inc., wholly owned operating subsidiary, USA Signal
Technology, LLC. with substantially all the assets and operating
liabilities.
About American Wholesale Health
“American Wholesale Health was founded by a group of healthcare
professionals looking to help solve some of the healthcare issues facing
our country today. Each member of our management team brings extensive
experience in the pharmacy and health related fields. Utilizing the
knowledge of our management team, we’ve created a unique new way for
consumers to purchase medications, supplies, and other health related
products and services. We bypass the traditional supply chain model and
allow our members exclusive access to our Tier 1 wholesale suppliers. Our
unique ‘membership driven’ model gives access, at the individual level,
which has never been available until today. The elimination of the
‘middleman’ and our collective buying power allows us to offer end user
pricing at close to manufacturer’s cost (referred to as Wholesale
Acquisition Cost-WAC), WAC is lower cost than average wholesale price
(AWP). This is the pricing normally reserved for the largest retail
pharmacy chains, Insurance carriers & Pharmacy Benefits Managers (PBMs)
that we’re now making available to main street America.”
http://www.americanwholesalehealth.com/
About USA Signal Technology, LLC.
USA Signal Technology, LLC. (http://www.usasignal.com/) is a Dallas,
TX-based company that designs, manufactures and markets state-of-the-art
traffic signaling and monitoring systems.
Forward-Looking Statements & Disclaimers:
The information in this Press Release includes certain “forward-looking”
statements within the meaning of the Safe Harbor provisions of Federal
Securities Laws, as that term is defined in section 27a of the United
States Securities Act of 1933, as amended, and section 21e of the United
States Securities Exchange Act of 1934, as amended. Statements in this
document, which are not purely historical, are forward-looking statements
and include any statements regarding beliefs, plans, expectations or
intentions regarding the future. Investors are cautioned that such
statements are based upon assumptions that in the future may prove not to
have been accurate and are subject to significant risks and
uncertainties, including the future financial performance of the Company.
Although the Company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance that
such expectations or any of its forward-looking statements will prove to
be correct. Readers are cautioned not to place undue reliance on these
forward-looking statements that speak only as of the date of this
release, and the Company undertakes no obligation to update publicly any
forward-looking statements to reflect new information, events, or
circumstances after the date of this release except as required by law.
Contact:
Paul Calixto
paulc@usasignal.com
Phone: 469-522-0820
www.usasignal.com
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