Thursday January 31, 8:30 am ET
OREM, Utah--(BUSINESS WIRE)--ZYTO Corp. (Other OTC: ZYTC) president and C.E.O. Dr. Vaughn R. Cook says the company is positioned for aggressive growth in 2008, after 70 percent growth in 2007.
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 well over 100,000 assessments of their clients and patients.
The target market for ZYTO technology includes over 30 million health professionals worldwide. ZYTO also offers similar technology to consumers through direct marketing companies with over 30 million customers worldwide.
“A 1 percent market penetration represents $1.9 billion initially, and $592 million in annual residual revenues. We are aggressively going after these markets,” said Cook.
The company is also expanding into the consumer marketplace with an Internet application that will enable health care professionals to provide bio-surveys to consumers on a remote basis.
Dr. Lee Kinney, D.C. of Kinney Optimum Health & Wellness in Placerville, Calif., is typical of health care professionals. “I use ZYTO technology in my practice to quickly and easily obtain an assessment which I can use to select just the right supplements that will give optimum function and well-being to my patients,” he explained.
RedChip has identified ZYTO Corp. as an undiscovered growth and value opportunity. For over 15 years RedChip has been dedicated to "discovering tomorrow's blue chips today™." RedChip's long history of success includes research coverage on Starbucks™, Nike™, MarketWatch.com™, Daktronics™ and many other companies before they were Blue Chips.
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.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Orlando, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
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