Press Release Summary: ZYTO Corp. has announced that a commitment for $3 million financing has been received from Riverside Capital Investments, LLC.
Press Release Body: Orem, Utah - ZYTO Corp. (Pink Sheets: ZYTC) has announced that Riverside Capital Investments, LLC has issued a commitment for $3 million in financing, which is part of the aggressive growth strategy for 2008, after 70 percent growth in 2007, according to Dr. Vaughn R. Cook, company founder, president and C.E.O.
"Riverside Capital is excited to partner with ZYTO to facilitate their exciting business plan and help bring to the public their solid, innovative systems," said Bob Blankenship, Riverside partner.
ZYTO technology enables health and wellness professionals to perform a health scan, called a bio-survey, to more accurately select the best nutritional supplement for optimum wellness. Health care professionals have used ZYTO technology for over 100,000 assessments of their clients and patients.
The target market for ZYTO technology includes over 30 million health professionals world wide. ZYTO also offers similar technology to consumers through direct marketing companies with over 30 million customers.
"A 1 percent market penetration represents $1.9 billion initially, and $592 million in annual residual revenues. We are aggressively going after these markets in 2008," said Cook.
Information about the way ZYTO (tm) technology is used by doctors and health care providers to make decisions about the health care needs of their clients and patients is provided at http://www.ZYTO.com.
Dr. Laurie Andreoni, D.C., a chiropractor in Folsom, CA is typical of the many health care professionals using ZYTO technology in their practice.
"Programs are more personalized by using ZYTO technology. It provides increased communication with each patient, and has increased patient confidence as they become more educated about toxins, food sensitivities, and why it is important to be conscious about their health care," said Andreoni.
About ZYTO Corp. ZYTO Corp. is a biotechnology company that uses quantum science to enable computers to communicate with the human body and mind. ZYTO technology revolutionizes the way people make decisions.
Forward-looking statements in this release are made pursuant to the \"safe harbor\" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company\'s products, increased levels of competition, new products and technological changes, dependence upon third-party suppliers, intellectual property rights, and other risks detailed from time to time in the Company\'s periodic reports.