european expansion

Great announcement...looking forward to the run :)
Leading anti-snoring and sleep apnea group, Somnomed Limited, announced today it
has commenced its expansion to Europe as part of the group’s global expansion
strategy.
The company has entered into an agreement with the German company Orthosleep to
become Somnomed’s Central European laboratory and will play a central role in the
licensing of partners across the continent.
Orthosleep is one of Germany’s leading dental labs for sleep dentistry and will train
and supply the licence partners in each country to developed as markets for the unique
Somnomed’s locally developed anti-snoring device.
“This is a very important first step in implementing our new global strategy and
rolling out our business in Europe”, said Dr Peter Neustadt, Executive Chairman of
Somnomed.
“Somnomed plans to appoint a license partner in every country in Europe to achieve
full market coverage before the end of 2008.Europe has a population of more than
300 million people and is the second most important market in the world.
see for full story http://www.asx.com.au/asxpdf/20070605/pdf/312slml70td1md.pdf