TERMINATION OF OPTION TO PURCHASE AGREEMENT AND REFUTAL OF OCTOBER 3RD MOU SIGNING

TERMINATION OF OPTION TO PURCHASE AGREEMENT AND REFUTAL OF OCTOBER 3RD MOU SIGNING

Tampa, FL. November 1st, 2017. Ultroid, LLC, Ultroid Marketing Development Corp. & Ultroid Technology (collectively "The Ultroid Group") terminated the Option to Purchase Agreement with Dragon Jade International, Ltd. ("DGJI"), effective Oct. 15, 2017 and refutes the signing of any further MOU with Dragon Jade, per their online press release being circulated, dated October 3rd, 2017.

TAMPA, FL - 11/01/2017 — The Ultroid Group notifies, simultaneously with this announcement that all affiliates, business partners, contractors, etc. and their respective assigns are that Dragon Jade and it representative have no authority to negotiate, contract for, receive information concerning or otherwise bind The Ultroid Group in anyway and that any such authority that may have been given expressly or implied is hereby terminated. Please contact us directly with any questions or concerns.

Ultroid Technologies, Inc. manufactures and markets the Ultroid® Hemorrhoid Management System (“Ultroid® System”). The Ultroid® System, which is FDA cleared and also approved for use in many other nations, is a non-surgical, non-anesthetic, and rapid treatment for hemorrhoid disease (HD).

The Ultroid® System is covered by most major insurers and Medicare, and has been successfully utilized in an estimated 180,000 procedures, by several hundred physicians, practices, clinics, and surgical centers. The Ultroid® procedure is currently offered in over 150 clinics in the US and was introduced in UK in 2013 where it is currently offered in 15 clinics.

CONTACT:

ULTROID MARKETING DEVELOPMENT CORP.

Michael J. Goeree, Chairman, CEO & President

Michael A. Knox, CPA, Director, Exec. VP & CFO

2919 W. Swann Avenue

Suite 106 A

Tampa, FL 33609

info@ultroid.com


Media Contacts:

Company Name: Ultroid Marketing Development Corp.
Full Name: Michael Knox
Phone: +1-813-244-1910
Email Address: Send Email
Website: www.ultroid.com