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CellerateRX® Added to List of Preferred Products for Golden Living Healthcare Network
Date:12/12/2011

FORT WORTH, Texas, Dec. 12, 2011 /PRNewswire/ -- Wound Management Technologies, Inc., (OTCQB: WNDM | WNDM.PK) a leading innovator in advanced wound care solutions, today announced that Fort Smith, AR based Golden Living has added CellerateRX® to its formulary and is now on the list of preferred products approved for use within its healthcare network. Golden Living, one of the country's premiere integrated healthcare service companies, provides services for the elderly and disabled including nursing home care, rehabilitation therapy, hospice care, home health services and temporary staffing services. The company employs more than 40,000 and has in its care about 30,000 patients daily.

"Being added to the formulary list at Golden Living is an important imprimatur for CellerateRX.  Our flagship product will now be a choice in their over 300 Living Centers including skilled nursing locations, as well as in their 68 hospice and home health locations.  With our acquisition of Juventas LLC and its established sales force, we will be able to educate and establish sales quickly at each Golden Living Facility," said Bryant Gaines, Chief Operating Officer of Wound Management Technologies.  He further stated, "The agreement is part of our long-term plan to penetrate the professional healthcare markets worldwide.  The Company expects to sign additional agreements with major healthcare system clients that will further establish CellerateRX® as a leading product in the area of wound management."

"We are very excited about the opportunity to work with the Golden Living facilities," said Cathy Bradshaw, President of WNDM subsidiary Wound Care Innovations.  "CellerateRX® is FDA cleared for use on all acute and chronic wounds except for 3rd degree burns and has been show to provide quality outcomes in a cost effective manner.  This is essential for healthcare providers."


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SOURCE Wound Management Technologies, Inc.
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