MEMPHIS, TN, January 19, 2021 /24-7PressRelease/-- OrthoMatrix Corp, Inc.™ (OMCI), a holding company for the Facial Beauty Institute™, OrthoLogic™ Diagnostic Services and the ControlledArch™ System announced today 2020 revenue results.
“We are pleased to announce that our 2020 revenues remained steady with a decrease of 1.01 percent compared to 2019 in spite of the COVID-19 impact to our customer bases. The doctors and clinics that utilize our OrthoLogic Diagnostic Service and the users of the ControlledArch System were restricted because of the COVID-19 global pandemic for the months of April, May and June. The Facial Beauty Institute in-person courses and seminars were also impacted. However, the good news is that all aspects of our business rebounded in the third quarter and the trend is steady with reasonable increases. We anticipate a strong 2021 as we continue to focus on our core businesses, our existing and on-going R&D programs and our clinical publications” stated Ben R. Shappley, Chairman and CEO.
ABOUT ORTHOMATRIX
The concern OrthoMatrix Corp, Inc. ™ (OMCI) is a holding company for the Facial Beauty Institute™, OrthoLogic™ and the ControlledArch™ System. The Company is a market leader for advanced orthodontic platforms. The Facial Beauty Institute™ is an Internationally-recognized, certified practitioner training and certification concern for complex case treatment plans based on individual patient needs. All courses and seminars are accredited by the Academy of General Dentistry (PACE) Program Approved Continuing Education. The OrthoLogic™ program is a provider service that offers individualized complex patient diagnostic treatment plans that focuses on a highly technical process of unique radiographic and anatomy tracing process that is studied and reviewed at every step of patient treatment by a staff of highly-qualified known orthodontic specialists, maxillofacial radiologists and biomedical engineers. This individualized case-by-case process is intense and is designed to offer the provider a highly desirable cost-effective treatment option for the patient. ControlledArch is an appliance that incorporates the latest scientific and clinical techniques to help control torque and tooth movement resulting in a very predictable desired outcome. OrthoMatrix Corp, Inc. is headquartered just outside of Memphis in Germantown, Tennessee.
FORWARD-LOOKING STATEMENTS
Any forward-looking statements are based on information available to OrthoMatrix Corporation as of the date of the statement. All written or oral forward-looking statements attributable to OrthoMatrix Corporation are qualified by this caution. OrthoMatrix Corporation does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in OrthoMatrix Corporation's expectations.
MEMPHIS, TN, January 14, 2020 /24-7PressRelease/ -- OrthoMatrix Corp,™ Inc. (OMCI), a holding company for The Facial Beauty Institute™, OrthoLogic™ Diagnostic Services and The ControlledArch™ System announced today 2019 revenue results and significant operational achievements.
"We are pleased to announce that our 2019 revenues increased 34.6% over prior year. This is our second consecutive year of exceptional growth. As a worldwide enterprise, we have expanded our markets into Australia, Canada and Western Europe. Our growth drivers in 2019 were the OrthoLogic™ Diagnostic Services and the ControlledArch™ System. Operational goals for 2019 focused on International integration, management and staff additions, increased provider certification courses, clinical paper publications and future product development," stated Ben Shappley, Chairman and CEO. Mr. Shappley further stated "Future R&D efforts are focused on small bone orthopaedic implant devices and stem cell implant and tissue growth technologies."
The concern OrthoMatrix Corp™, Inc. (OMCI) is a holding company for The Facial Beauty Institute™, OrthoLogic™ and the ControlledArch™ System. The Company is a market leader for advanced orthodontic treatment platforms. The Facial Beauty Institute™ is an Internationally-recognized, certified practitioner training and certification concern for complex case treatment plans based on individual patient needs. All courses and seminars are accredited by the Academy of General Dentistry (PACE) Program Approved Continuing Education. The OrthoLogic™ program is a provider service that offers individualized complex patient treatment plans that focuses on a highly technical process of unique radiographic and anatomy tracing process that is studied and reviewed at every step of patient treatment by a staff of highly-qualified known orthodontic specialists, maxillofacial radiologists and biomedical engineers. This individualized case-by-case process is intense and is designed to produce a highly desirable cost-effective outcome. ControlledArch is a system that incorporates the latest scientific and clinical techniques to remodel the bone structure by controlling torque and tooth movement resulting in a very predictable desired outcome. OrthoMatrix Corp, Inc. is headquartered just outside of Memphis in Germantown, Tennessee.
Any forward-looking statements are based on information available to OrthoMatrix Corporation as of the date of the statement. All written or oral forward-looking statements attributable to OrthoMatrix Corporation are qualified by this caution. OrthoMatrix Corporation does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in OrthoMatrix Corporation's expectations.
May, 2019
OrthoMatrix Corp, Inc. (OMCI), a holding company for The Facial Beauty Institute™, OrthoLogic™ Diagnostic Services and The ControlledArch™ System announced today first quarter revenue results.
"We are pleased to announce that our revenues increased 34% over prior first quarter results of 2018. This is due to an increased market acceptance and demand of our OrthoLogic™ Diagnostic Service. This service provides the practitioner a highly technical patient specific radiographic and anatomy case analysis and procedure plan with possible treatment plans that is studied and reviewed at every step by a staff of highly qualified known orthodontic specialists and maxillofacial radiologists," stated Ben Shappley, CEO and Chairman. Mr. Shappley further stated, "The Company will continue to focus on all aspects of its complete product offering while continuing to prepare its future platform for small bone orthopedic trauma implant devices, biological implant devices, and stem cell implant technologies."
ABOUT ORTHOMATRIX
The concern OrthoMatrix Corp, Inc. (OMCI) is a holding company for The Facial Beauty Institute™, OrthoLogic™ and the ControlledArch System™. The Company is a market leader for advanced orthodontic platforms. The Facial Beauty Institute™ is a nationally recognized certified practitioner training and certification concern for complex case treatment plans based on individual patient needs. All courses and seminars are accredited by the Academy of General Dentistry (PACE) Program Approved Continuing Education. The OrthoLogic™ program is a provider service that offers individualized complex patient treatment plans that focuses on a highly technical process of unique radiographic and anatomy tracing process that is studied and reviewed at every step of patient treatment by a staff of highly qualified known orthodontic specialist and maxillofacial radiologists. This individualized case-by-case process is intense and is designed to produce a highly desirable cost-effective outcome. ControlledArch is a system that incorporates the latest scientific and clinical technique to help control torque and tooth movement resulting in a very predictable desired outcome. OrthoMatrix Corp, Inc. is headquartered just outside of Memphis in Germantown, Tennessee.
FORWARD-LOOKING STATEMENTS
Any forward-looking statements are based on information available to OrthoMatrix Corporation as of the date of the statement. All written or oral forward-looking statements attributable to OrthoMatrix Corporation are qualified by this caution. OrthoMatrix Corporation does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in OrthoMatrix Corporation's expectations.
July, 2018
OrthoMatrix Corp Inc., of Germantown, TN, announces a 32% revenue growth compared to the same period of 2017. The Company reports that a significant portion of the increase is due to the acceptance and continuing market penetration of the OrthoLogic™ case preparation and patient treatment option plan that is offered to providers through it's subsidiary The Facial Beauty Institute. Company Chairman and CEO Ben R. Shappley stated, "We are pleased to report our continuing growth. Our progress is due to our concentration on clinically proven, innovative outcome focused product platforms."
March, 2017
OrthoMatrix Corp Inc., of Germantown, TN, and it's subsidiary The Facial Beauty Institute have created and launched a new and proprietary diagnostic reporting service under the trade name OrthoLogic™. The patient treatment option plan platform utilizes a unique individualized treatment plan for indicated patients. OrthoLogic™ provides a highly technical radiografic and biomedical engineered facial tracing process that is studied and reviewed by a panel of known orthodontic specialist and physician radiologist. Each step of the treatment plan is reviewed in detail with the provider and executed to produce the desired cost effective outcome. Company Chairman and CEO Ben R. Shappley stated, "The OrthoLogic® patient option program offers the patient and provider with a very unique proprietary treatment plan that is designed to produce a highly predictable desired outcome."
January, 2014
OrthoMatrix Corp Inc., of Germantown, TN, announces the launch of the second generation of the Controlled Arch System and associated nationwide PACE approved training and certification programs. Controlled Arch is a treatment system designed to incorporate the latest scientific and clinically proven techniques for controlling torque and tooth movement to produce a very predicable and desired patient outcome. Company Chairman and CEO Ben R. Shappley stated, "We are pleased to announce phase two of the Controlled Arch System. After thousands of successful cases we have incorporated certain product enhancements based on ongoing clinical input."
April, 2013
OrthoMatrix Corp Inc., of Germantown, TN, announces the launch of the Express-Smiles cosmetic orthodontic product line. The Express-Smiles system is designed for patients who desire, and are properly indicated for, anterior tooth alignment over a short treatment period. The new product offering will be available in the North American and Australian markets.