United EcoEnergy Corp. Announces Name Change to aUnited Health Products, Inc.a
NEW YORK--([ BUSINESS WIRE ])--United EcoEnergy Corp. (OTCBB: UEEC), a healthcare solutions and product development company focusing on the expanding wound-care industry, announces that the Company has changed its name to aUnited Health Products, Inc.a effective September 30, 2010.
"In order to more accurately reflect our main business operations in the healthcare industry, we have adopted a corporate name change to United Health Products"
The name change to United Health Products, Inc. will be reflected in SEC filings and all future corporate communications with the investor community. The name change will have no effect on voting and other rights accompanying the Companya™s common stock, and the Company will retain its current ticker symbol.
aIn order to more accurately reflect our main business operations in the healthcare industry, we have adopted a corporate name change to United Health Products,a said Kelly T. Hickel, Chairman and CEO. aWe have focused a significant amount of resources on our proprietary hemostatic gauze, and we are committed to serving the expanding wound-care industry in both the United States and internationally. We look forward to keeping our loyal shareholders and prospective investors apprised of our new developments over coming weeks and months.a
United and its wholly-owned subsidiary, Epic Wound Care Inc., are penetrating the growing wound-care market by manufacturing an innovative gauze that changes the way medical professionals treat their patients. Upon contact with blood, the gauze forms a gel-like substance, which acts as a hemostatic agent that expands slightly to cause direct pressure on blood vessels and control bleeding. The unique formulation contains no chemical additives and is hypoallergenic.
About United Health Products, Inc.
United Health Products, Inc. (formerly United EcoEnergy Corp.) is a healthcare solutions company that has developed an innovative hemostatic gauze product that stops bleeding by forming into a gel-like substance upon contact with blood. The gauze was initially developed as a tool to provide medical professionals the ability to stop bleeding in the most efficient manner possible. Through the acquisition of intellectual property rights in 2009, United and its wholly owned subsidiary, Epic Wound Care, have the potential to transform segments of the market such as ambulatory emergencies, surgery, dental, home care and athletic injuries. United and Epic have been able to penetrate the growing wound-care market by introducing this innovative gauze product and changing the way medical professionals treat their patients.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned that these forward-looking statements involve uncertainties and risks that could cause actual performance and results of operations to differ materially from those anticipated. These risks and uncertainties include issues related to the ability to: obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new ventures, as well as other factors set forth in United's most recently filed Form 10-K and Form 10-Q reports. The forward-looking statements contained herein represent the Company's judgment as of the date of this release and it cautions readers not to place undue reliance on such statements. United assumes no obligation to update the statements contained in this release.