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09/17/03 SageGroup Invites Additional Involvees for Its Two Major High-Priority
Programs for Strategic Alliances and Medical Industries Expansion
New York, NY; and Alameda, CA - September 17, 2003 - The SageGroup
organization announces that it is seeking many more involvees to participate
in two of its already-successful major high-priority programs nationally
and internationally. One is the SGS Strategic Alliances Program under which
SG firm SageGroup Strategies is entering into strategic alliances with
appropriate other entities. And, the other is the Medical Industries Program under
which SG entities SGS and HMS are proactively expanding by various means within
the Medical Industries. More details follow:
A) This SageGroup invitation is purposefully very broad geographically,
including
throughout the USA and throughout the world. This invitation is also
purposefully
very broad as to the invitees, including all current and potential SGS
Associates,
clients, strategic-alliance partners, affiliates, Offices, and other
entities. Actual
selected involvees will continue to be determined in an open, appropriate,
and
logical manner. There are major financial and other rewards available for
all
involvees.
B) The SGS Strategic Alliances Program is already doing very well, a reason
being
that other firms and companies easily see the great opportunities that they
obtain
through attractive working relationships with SGS, the largest Professional
Troubled-Company Specialist firm in the USA and the world. The
relationships
are purposefully structured so that the other entities have many positives
with
no additional costs or risks. The usual features of a SGS strategic
alliance
are most or all of the following:
1) Referrals of clients by each firm to
the other,
usually for 10% referral fees;
2) SGS provides free marketing of the other
firm,
including through SGS press releases;
3) SGS bases a local SGS Office at
the other firm's office, but usually without office space or access to the
other
firm's office without that firm's pre-approval;
4) The two firms will
provide
other services to each other when appropriate;
5) The two firms will
proactively
seek other mutually-beneficial ways to work together. SGS wishes and plans
to enter
into many more strategic alliances in the next few months.
C) The Medical Industries Program is also seeking many more involvees
as it continues to move forward rapidly in various ways. One key
participant is SGS's Medical Industries Division, which is seeking many more
troubled medical companies to become SGS clients. Another key participant
is
HMS, which is a new SG entrepreneurial medical technology company now being
turnkeyed
nationally and internationally, with dual USA headquarters in Boston and
Alameda.
It has already entered into its first corporate development transaction,
acquiring
the worldwide exclusive product and marketing rights of HRL, a
well-established
international medical technology company in the Radiation Oncology area.
HMS is strongly seeking additional:
1) Executives and advisors;
2) Financing intermediaries and principals;
3) Acquisitions and other corporate development transactions;
4) Customers and suppliers; and
5) Appropriate others.
D) Some potential next steps for all SGS Associates, strategic-alliance
partners, and other invitees and involvees are:
1) Help to arrange a strategic alliance between SGS and another
professional
services firm, financing entity, or other entity that could encounter and/or
help
troubled companies. The initial step is for the other entity to review the
SGS
website, then be introduced to SGS Managing Director Larry Lindsey. He will
then handle the remaining steps and paperwork, including: a) the exchange
of
materials; b) preparation and signing of an overall strategic-alliance
agreement;
c) preparation and issuance of one or more SGS press releases; and d) the
appropriate other next steps.
2) Introduce troubled medical companies and troubled-company intermediaries
to a SGS Medical Industries Division Co-Manager and/or to SGS's
International
Coordination Office.
3) Contact a HMS involvee (e.g., Howard Adamsky, Bill Cornett, Randy
Friedman,
Steve Haynes, Craig Kaufman, Manny Kyriannis, Larry Lindsey, Thomas Murray,
Sali Peterson, Mariano Raigo, Greg Smith, Peter Welch, Paul Wilde, and
others)
about potential involvement in HMS's financing, staffing, and/or other
priorities.
Those interested in the financing activities should immediately send an
email to
Randy Friedman at Randy_Friedman@Hotmail.com for more information. (Paul
Wilde and he are coordinating the HMS financing program, with support from
certain others.)
4) Proactively become more involved in SGS activities in an appropriate and
logical manner. SGS seeks to further increase the size and capabilities of
its
powerful large group of professionals, who are experts at helping troubled
companies get out of trouble and move forward. SGS's staff includes
over 600 highly-qualified specialists, such as: medical industries
specialists;
international business experts; global sourcing specialists;
financing and financial experts; troubled-company experts;
turnaround experts; marketing specialists; CPAs; attorneys;
strategists; joint ventures, mergers, and acquisitions experts;
technologists; corporate executives; industry specialists; and others.
SGS's staff has been involved in hundreds of difficult company
situations, including: medical industries situations, global sourcing
projects, international expansions, refinancings, turnarounds, crisis
management, debtor programs, spin-outs, restructurings and
reorganizations, and managed wind-downs and shut-downs.
ABOUT SAGEGROUP STRATEGIES
SageGroup Strategies is the largest Professional Troubled-Company
Specialist firm in the United States and the world. Besides being very
experienced and knowledgeable, SageGroup emphasizes being very discreet,
working with absolute confidentiality and behind the scenes whenever
necessary. As part of its strict confidentiality policies, SageGroup has
never disclosed or publicized the names of its clients. More information
about SageGroup Strategies is available at:
http://www.SageGroupStrategies.com.
OVERALL COORDINATION CONTACT:
Larry Lindsey, Managing Director
International Coordination Office
SageGroup Strategies, Inc.
1370 Third Street, Suite 110
Alameda, CA 94501
(510) 865-2480 Phone
(510) 865-6654 Fax
SGS@SageGroupStrategies.com
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