DAYTONA BEACH, FL - October 22, 2013 - Quture International, Inc. (OTCQB: QUTR) today announced agreement with Alejandro Guardiola, MS, CFA, CAIA, to become its Chief Financial Officer immediately following filing of the Company's 10-K. In the interim, Mr. Guardiola is serving as the primary financial advisor to Quture working with the Company's auditors in all aspects filing. However, his focus is on examination of reported debt documentation in the Company's previous merger with Techs Loanstar, as well as several affiliations in that merger. Ultimately, the Company intends for Mr. Guardiola to work with legal counsel to be retained upon completion of this analysis. He is already engaged in negotiations with potential joint ventures or strategic alliances of Quture and its subsidiaries. He joined Quture with a significant investment in the Company's stock.
Mr. Guardiola first became acquainted with Quture in his previous employment with UBS Financial Services in Miami during preliminary discussions regarding potential funding of new software products, potential acquisitions, and the intention of Quture to launch a personalized medicine subsidiary. He will be responsible for leading the Company to new sources of funding for these and other products, as well as the bundled services of the newly formed consulting subsidiary QualVal Solutions. He is actively engaged in these endeavors prior to formally becoming CFO as the chief financial advisor to Quture.
"I became aware of Quture, its vision and intellectual property designed to transform health and health care to a value-, performance- and outcomes-based medical model and to a more proactive, personalized wellness model with products for providers, payers, and patients while at UBS," said Mr. Guardiola. He added: "As my personal and professional goals shifted to align with the vision and assets of Quture, I became convinced I want to focus on the growth potential ahead for Quture I am excited to be part of this dynamic and disruptive technology, the clinical-financial knowledge it will generate and integrate into health and health care. I believe these assets can play a key role in what will become the future of health and wellness internationally. The American economy is at stake, and I believe Quture can play a significant role as a free-enterprise first mover in this space to meet these challenges. I decided to leave a very favorable position and career at UBS to pursue my interests in this exponentially growing field and, in part, to take this position with Quture."
Alejandro Guardiola completed his Master of Science degree at Florida International University. In his 7 years as a financial advisor employed by UBS Financial Services Inc. in Miami, Florida, he was registered as an Investment Advisory Rep and Broker-Dealer Agent, was able to buy/sell securities, and was authorized to give investment advice to clients. His intensive and current knowledge of the investment banking market, his entrepreneurial expertise and interests, and investor and investment banking orientation are the fundamental skills Quture sought in its new CFO. His employment is an immediate priority as Quture becomes revenue-based, transitions into new relationships, and a role-specific, highly respected and entrepreneurial management team.
"The vision of Quture continues to be manifested in our recruitment of extraordinary talent and expertise for our new management team," said Landon Feazell, Chairman & CEO of Quture. "We look forward to proving the value proposition of QualOptima through sales of what we believe is in the pipeline, not only for hospitals but with augmented physician strategies, products and services. As we move into additional customer constituencies and rapid scalability of our products and services, I am personally and professionally proud that Alejandro chose Quture, especially since he has intimate knowledge and understanding of our Company through preliminary presentations of the strategic implementation of our Business and Marketing Plans."
Mr. Guardiola concluded: "I like following my own investments and investment advice. The future of quality in health and health care is synonymous with our corporate strategies and intellectual property, and the name Quture expresses our confidence in that future."
ABOUT QUTURE INTERNATIONAL, INC. (www.quture.com)
Quture International, Inc. (QUTR) is the proven and experienced clinical performance and outcomes analytics company in the United States. The vision of Quture is to connect all constituents in the global health and health care community to clinically and financially focused and sound data transformed through analytics to knowledge that empowers data-driven decisions for results-driven success. As an Application Partner of InterSystems Corporation, Quture's technology for capturing, integrating and aggregating data on the InterSystems Enterprise platform is unequalled. The Company's unique product QualOptima develops a second generation CLINICAL database implementing Quture's core competence of clinical content with evidence-based metrics developed for more than 35 years. QualOptima empowers clinical performance enhancement to achieve optimal patient outcomes. Quture's brand is centered on the value proposition of trust, transparency and independence. As the free enterprise solution to improving health and healthcare while reducing costs, Quture is positioned to become the leading clinical knowledge company in the world. Quture International is a Nevada corporation trading under the symbol QUTR.
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. There is no assurance that a definitive agreement will be completed.
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SOURCE: Quture International, Inc.