General Info:
CVAC Systems, Inc and Compass Equity Group, Inc announce the completion of a leasing agreement which, at full execution, could encompass a total of 70 CVAC systems. The agreement provides Complete Clinics LLC, an investment of Compass Equity Group Inc with five-year exclusive rights to operate CVAC systems in commercial medical weight loss centers in Illinois, Indiana, Michigan, Pennsylvania, Wisconsin, Minnesota, Ohio, North Carolina and Florida. The initial two installations of CVAC systems into Complete Clinics Medical Weight Loss Centers are planned before the end of first-quarter 2010.Since spring of 2009, CVAC Systems has been building and leveraging sales in wellness and athletic conditioning while seeking strategic partners and grant funding for clinical studies to investigate the efficacy of the Cyclic Variations in Altitude Conditioning ( CVAC ) process in treating metabolic disorders, glucose homeostasis and diabetic peripheral neuropathy."It is well understood that weight gain and difficulty losing weight are intimately related to the body's resistance to insulin ( insulin resistance ). We believe that by combining the CVAC technology with our advanced, proven, proprietary medical weight loss program, our clients can achieve remarkable and lasting benefits, " said Dr. Scott Morris, MD of Complete Clinics."This exclusive platform provides our portfolio company, Complete Clinics, with the resources to lead the world in understanding how to utilize the CVAC process to meet the needs of people seeking advanced medical wellness and weight loss solutions. Moreover, our clients are seeking to improve the underlying issues that are associated with weight loss and, in so doing, improve overall health and wellness. It is our determination that by integrating the CVAC process into our medically based protocols, our clients can better achieve their weight loss objectives and see benefits to their overall health and well-being, " commented Sachin Gupta, CEO of Compass Equity Group, Inc a healthcare investment company."We are very pleased that high-caliber, visionary entrepreneurs like Mr. Gupta and his entire team Compass Equity Group and Complete Clinics have chosen to partner with CVAC Systems as we develop our pathway to provide the benefits of the CVAC technology to all people wishing to improve their fitness and overall health. This agreement provides an example of how our effort to build relationships with entrepreneurs has gained momentum since we started this past spring, " commented Allen Ruszkowski, president and CEO of CVAC Systems.About Complete Clinics LLCComplete Clinics is a rapidly expanding chain of healthcare facilities focused on wellness and medical weight loss. Through a combination of physician-supervised care and the latest advances in science and technology Complete Clinics seeks to address general wellness and weight gain by focusing on underlying issues such as insulin resistance, metabolic syndrome, diabetes, and high cholesterol.