Published: December 03, 2009
America's Minority Health Network Announces Expansion Plans and Relocation
BEVERLY HILLS, Calif. - (BUSINESS WIRE) - AMHN, Inc. (OTCBB: AMHN) (the "Company"), parent company of America's
Minority Health Network, Inc. ("America's Minority Health Network"),
announced today its plan to expand network operations and relocate its
offices to Burbank.
Bob Cambridge, President of AMHN, Inc., stated, "We are executing our
business plan a little ahead of schedule and our new Burbank location
will greatly improve our ability to reach and service our initial 1,000
subscribing doctor's offices. We expect a capital infusion in the near
future that will facilitate the roll-out to the 1,000 office benchmark.
Of course, we always have our eyes on the future and are already making
plans for our next phase which will include 3,600 subscribing offices in
our network."
The Company recently released the results of the 2009 AMHN Audience
Profile Study, MRI Market Solutions which concluded that America's
Minority Health Network's audience approximates 827 visitors per month
per location, with a majority of visitors being African-American women
under the age of 55. Based on these findings, the Company projects a
viewership of 827,000 per month with it expansion to 1,000 offices. Upon
completion of Phase II of the Company's expansion plan, it projects a
viewership of 2.9 million per month with 3,600 offices installed.
The Company relocated its corporate offices to a 2,010 square foot
furnished office space located at 100 North First Street, Suite 104,
Burbank, CA 91502. The space accommodates corporate operations of the
Company and the sales and marketing departments of America's Minority
Health Network. The Company plans to expand its subscription sales
activity and will hire at least five new employees by the end of the
year at the new location. The Company anticipates this expansion will
create a dramatic increase in subscribing locations.
About America's Minority Health Network,
Inc.
AMHN, Inc. owns America's Minority Health Network, a place-based
provider of digital video education for medical practices who primarily
service minorities. America's Minority Health Network provides a digital
platform to increase African-American health education awareness that
can increase the longevity and well-being of African-American men and
women while providing relevant advertising of related products.
America's Minority Health Network has created a viable solution to meet
the needs of physicians who are constantly searching for ways to better
inform their patients and for advertisers that are searching for ad
space to communicate specific products to African-Americans. Corporate
offices are located at 100 North First Street, Suite 104, Burbank, CA
91502. More information on the Company is available on the Company's
website at www.amhntv.com.
About MRI Market Solutions
MRI Market Solutions ("MRI") is the custom and analytical research
division of Mediamark Research & Intelligence ("Mediamark"). MRI is a
creative data-based problem-solver for enterprises that seek a greater
understanding of consumers in the U.S. and the most effective ways to
reach and interact with them. MRI focuses on the development of
strategic marketing intelligence in three areas: custom media research,
custom consumer research and high-end analytical solutions. For more
than 25 years, Mediamark has been the dominant voice in media and
consumer research in the United States. Its research reflects a
steadfast commitment to provide the most reliable and actionable
information for measuring, evaluating, tracking and getting to know the
world's most dynamic consumer market. More information on MRI and
Mediamark is available on the Company's website at www.mediamark.com.
This press release shall not constitute an offer to sell or a
solicitation of an offer to buy securities of AMHN, Inc. Certain
statements in this release and other written or oral statements made by
or on behalf of the Company are "forward looking statements" within the
meaning of the federal securities laws. Statements regarding
future events and developments and our future performance, as well as
management's expectations, beliefs, plans, estimates or projections
relating to the future are forward-looking statements within the meaning
of these laws. The forward-looking statements are subject to a
number of risks and uncertainties including market acceptance of the
Company's services and projects and the Company's continued access to
capital and other risks and uncertainties. The actual results the
Company achieves may differ materially from any forward-looking
statements due to such risks and uncertainties. These statements
are based on our current expectations and speak only as of the date of
such statements. The Company undertakes no obligation to publicly
update or revise any forward-looking statement, whether as a result of
future events, new information or otherwise.
Alliance Advisors, LLC
Investor Relations
Chris Camarra,
212-398-3487
ccamarra@allianceadvisors.net
Copyright © 2012, Business Wire, Inc., All rights reserved.
Copyright © 2012, NewsBlaze,
Daily News