RightSmile(R) Enters Into Agreement for South American Distribution Initially ... MarketWatch (press release)
PORT ST. LUCIE, FL, May 13, 2010 (MARKETWIRE via COMTEX) -- RightSmile, Inc. (PINKSHEETS: RIGH) ( www.RightSmile.com ) the leader in Cosmetic Laser Teeth Whitening has entered into a distribution agreement with the newly formed RightSmile Latin America. This transaction is expected to add a minimum of $300,000 per year in additional revenue.
RightSmile(R) has entered into a distribution agreement with RightSmile Latin America (RightSmile LA), headed by Sra. Diana Irving, to provide in-country distribution of RightSmile products and systems.
"This Distribution Agreement along with the global presence of Revadent will further assist RightSmile(R) in becoming THE global solution for Cosmetic Teeth Whitening," said Gene Caiazzo, President RightSmile(R).
RightSmile LA has conducted market analysis and testing of the RightSmile Products and Systems and has determined the markets to be both vibrant and receptive to the RightSmile(R) process. RightSmile LA's initial thrust will be into the Colombian marketplace and then followed closely by Peru, Panama, Paraguay, Uruguay and Chile. Additionally RightSmile LA has requested and been granted rights of first refusal on the Argentine marketplace. "We are extremely excited by the initial feedback from the market, and the support given by the entire US RightSmile(R) team. These events have further convinced us that the RightSmile(R) system can be easily translated to the Latin marketplace; no doubt it will quickly become the number one Cosmetic Teeth Whitening product in the region and a major success. With over twenty years of experience in distribution in the region, I can say this is the first truly innovative business model and product I have seen introduced," so indicates Sra. Diana Irving, President RightSmile Latin America, Inc.
