EAST HANOVER, N.J., Feb. 9, 2012 /PRNewswire/ -- Unity Management Group, Inc. (OTC: UYMG) (or "the Company") announced today its wholly owned subsidiary Metropolitan Computing Corporation (or MCC) has completed a maintenance contract on a Presster Tablet Presses at the University of Basel's Department of Pharmaceutical Science. MCC has also received an order for the PZ –O Tablet Press from Neo Performance Materials Company in Toronto Canada (a publicly traded company). Their sister company, Buss and Buss Spezialmetalle in Sagard Germany, has already purchased the same machine.
"The opportunity to work with a large Canadian Company like Neo Performance Materials is another example of our ability to provide products and value-added services to companies utilizing tablet presses in other areas of production," stated Michael Levin Director of Operations for MCC. Mr. Levin continued "Our staff at MCC has a close working relationship with many of the scientists in the Pharmaceutical Science Department at the University of Basel. Our staff will continue to work closely with them on a number of projects to help with research and development. We believe that our Presster Tablet Press is not only unique, but instrumental in the advancement of these new projects, as well as in the pharmaceutical industry. Unity Management Group Inc and MCC will continue to grow these relationships that will help to expand our sales for the coming year."
About Neo Performance Materials Company (a publicly traded company)
Neo Material Technologies Inc. engages in the production, processing, and development of neodymium-iron-boron magnetic powders (neo powders), rare earths, and zirconium based engineered materials, and other metals and their compounds. The company operates through two divisions, Magnequench and Performance Materials. The Magnequench division produces neo powders that are utilized in bonded magnets for micro motors, precision motors, and sensors, as well as for computer storage devices, office automation, automotive, and appliance industries. The Performance Materials division manufactures and distributes a range of rare earth and zirconium-based engineered materials. This division offers cerium, lanthanum, neodymium, yttrium and yttrium-europium coprecipitates, dysprosium, and terbium, which are used in the automotive catalyst, electronics, ceramic, and glass industries. Neo Material Technologies sells its products through a direct sales force and sales agents worldwide. The company was formerly known as AMR Technologies Inc. and changed its name to Neo Material Technologies Inc. in April 2006. Neo Material Technologies Inc. was incorporated in 1986 and is headquartered in Toronto, Canada.
About University Of Basel
Pharmaceutical Sciences deal with the discovery and development of drugs, their manufacturing, mode of action and clinical use. Pharmaceutical Sciences are at the interface between natural sciences and medicine. Research areas covered by currently 7 professorships range from discovery and optimization of new active substances to pharmacological action and side effects of drugs, galenical formulation, and clinical application of drugs. The Department is responsible for the education at the Bachelor, Master and PhD level. Faculty from academia, industry, hospital and public pharmacy train students in all aspects of modern pharmaceutical sciences and patient-oriented pharmacy. The Department offers two Master degrees. The Master in Pharmacy prepares students for careers in the public health area, whereas the Master in Pharmaceutical Sciences is targeted to students planning for a scientific career in industry or academia. The Department of Pharmaceutical Sciences currently comprises 9 research groups with more than 70 co-workers and has an annual budget of 6.7 mio CHF in university funds. In addition, the Department receives substantial support from various foundations, competitive project funding (Swiss National Science Foundation, CTI, European Union, PharmaSwiss, Novartis Research Foundation), and industry.
About Unity Management Group, Inc.
Unity Management Group, a health resource company, will continue to provide innovative physician practice management services that offer high value and significant return on investment for physicians practices and hospitals through its three subsidiary companies: United Healthcare Solutions Inc., Unity Technologies Inc., and United Business Services Inc.
The first subsidiary, Unity Business Services, is a full service management company offering solutions in practice management, billing, staffing, contracting, licensing, credentialing, and accounting. Unity Business Services also offers assistance in HIPAA compliance, marketing, and unique solutions for practice start-ups and new practices.
Unity Technologies Inc. is a complete software solutions company offering billing, electronic medical records, and electronic health records for physicians' offices and hospitals.
United Healthcare Solutions, a national company based in Nevada, is a healthcare company will be providing medical, vision and dental plans, as well as PPO and HMO networks.
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Certain information discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and the federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions at the time made, it can give no assurance that its expectations will be achieved. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements are inherently subject to unpredictable and unanticipated risks, trends and uncertainties such as the Company's inability to accurately forecast its operating results; the Company's potential inability to achieve profitability or generate positive cash flow; the availability of financing; and other risks associated with the Company's business. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.
Unity Management Group, Inc. Investor Relations 855-413-0755
SOURCE Unity Management Group, Inc.