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iMD Companies, Inc. Completes Acquisition of Riize, LLC

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iMD Companies, Inc. (OTC: ICBU) has completed the acquisition of Riize, , an innovative online provider in the men's and women's personal healthcare market. Riize has shown impressive growth, with a 6x increase in sales order volume and a 3x expansion of its online subscriber base in less than a year. The acquisition brings additional resources to Riize, positioning it for further growth and potential future acquisitions.

Riize specializes in telemedicine and pharmacy services, focusing on sexual health and weight loss. The company offers remote consultations with licensed healthcare providers through video or phone calls, providing personalized treatment plans. iMD Companies aims to leverage Riize's product portfolio and expand its market presence in the healthcare industry.

iMD Companies, Inc. (OTC: ICBU) ha completato l'acquisizione di Riize, un fornitore online innovativo nel mercato della salute personale maschile e femminile. Riize ha mostrato una crescita impressionante, con un aumento del volume degli ordini di vendita di 6 volte e una espansione della sua base di abbonati online di 3 volte in meno di un anno. L'acquisizione porta risorse aggiuntive a Riize, posizionandola per una ulteriore crescita e potenziali future acquisizioni.

Riize si specializza in servizi di telemedicina e farmacia, concentrandosi sulla salute sessuale e sulla perdita di peso. L'azienda offre consultazioni a distanza con professionisti della salute autorizzati tramite video o chiamate telefoniche, fornendo piani di trattamento personalizzati. iMD Companies punta a sfruttare il portafoglio prodotti di Riize ed espandere la propria presenza di mercato nell'industria sanitaria.

iMD Companies, Inc. (OTC: ICBU) ha completado la adquisición de Riize, un proveedor en línea innovador en el mercado de la salud personal para hombres y mujeres. Riize ha mostrado un crecimiento impresionante, con un aumento de 6 veces en el volumen de pedidos de venta y una expansión de 3 veces en su base de suscriptores en línea en menos de un año. La adquisición aporta recursos adicionales a Riize, posicionándola para un mayor crecimiento y posibles futuras adquisiciones.

Riize se especializa en servicios de telemedicina y farmacia, centrando su atención en la salud sexual y la pérdida de peso. La empresa ofrece consultas remotas con profesionales de la salud licenciados a través de videollamadas o llamadas telefónicas, proporcionando planes de tratamiento personalizados. iMD Companies busca aprovechar el portafolio de productos de Riize y expandir su presencia en el mercado de la salud.

iMD Companies, Inc. (OTC: ICBU)는 남성 및 여성 개인 건강 관리 시장에서 혁신적인 온라인 제공업체인 Riize의 인수를 완료했습니다. Riize는 판매 주문량에서 6배 증가와 온라인 가입자 수에서 3배 확대를 기록하며 놀라운 성장을 보여주었습니다. 이 인수는 Riize에 추가 자원을 제공하여 더 큰 성장과 향후 잠재적인 인수를 위한 위치를 제공합니다.

Riize는 성 건강과 체중 감소에 중점을 두고 원격 진료 및 약국 서비스를 전문으로 합니다. 이 회사는 비디오 또는 전화 통화를 통해 면허 있는 의료 제공자와 원격 상담을 제공하며 개인화된 치료 계획을 제공합니다. iMD Companies는 Riize의 제품 포트폴리오를 활용하고 헬스케어 산업에서 시장 존재감을 확대하려고 합니다.

iMD Companies, Inc. (OTC: ICBU) a finalisé l'acquisition de Riize, un fournisseur en ligne innovant dans le marché des soins personnels pour hommes et femmes. Riize a affiché une croissance impressionnante, avec une augmentation de 6 fois du volume des commandes de vente et une expansion de 3 fois de sa base d'abonnés en ligne en moins d'un an. L'acquisition apporte des ressources supplémentaires à Riize, la positionnant pour une croissance future et des acquisitions potentielles.

Riize se spécialise dans les services de télémédecine et de pharmacie, en mettant l'accent sur la santé sexuelle et la perte de poids. L'entreprise propose des consultations à distance avec des professionnels de la santé agréés par le biais d'appels vidéo ou téléphoniques, fournissant des plans de traitement personnalisés. iMD Companies vise à tirer parti du portefeuille de produits de Riize et à développer sa présence sur le marché des soins de santé.

iMD Companies, Inc. (OTC: ICBU) hat die Übernahme von Riize abgeschlossen, einem innovativen Online-Anbieter im Bereich der persönlichen Gesundheitsversorgung für Männer und Frauen. Riize hat ein beeindruckendes Wachstum gezeigt, mit einem 6-fachen Anstieg des Verkaufsaufkommens und einer 3-fachen Erweiterung seiner Online-Abonnentenzahl in weniger als einem Jahr. Die Übernahme bringt zusätzliche Ressourcen für Riize mit sich, was das Unternehmen für weiteres Wachstum und mögliche zukünftige Übernahmen positioniert.

Riize ist auf Telemedizin und Apothekendienste spezialisiert und konzentriert sich auf sexuelle Gesundheit und Gewichtsreduktion. Das Unternehmen bietet Fernberatungen mit lizenzierten Gesundheitsdienstleistern über Video- oder Telefonanrufe an und stellt personalisierte Behandlungspläne zur Verfügung. iMD Companies plant, das Produktportfolio von Riize zu nutzen und seine Marktpräsenz in der Gesundheitsbranche auszubauen.

Positive
  • Acquisition of Riize, completed, expanding iMD Companies' presence in the healthcare market
  • Riize achieved 6x growth in sales order volume and 3x growth in online subscriber base in less than a year
  • Riize's specialized focus on telemedicine for sexual health and weight loss offers a unique market position
  • Potential for future product line expansion and revenue growth
Negative
  • None.

RANCHO CARDOVA, CA, Aug. 29, 2024 (GLOBE NEWSWIRE) -- iMD Companies, Inc. (OTC: ICBU) has completed the acquisition of Riize, LLC (Riize) and are providing more resources for Riize to leverage its product portfolio with exciting opportunities.

As previously indicated, Riize is an innovative online provider to the men's and women's personal healthcare market. Riize is an innovative healthcare product developer.

Riize has done a phenomenal job in less than twelve months and has seen dynamic growth of 6x in sales order volume and 3x in its online subscriber base during this short period of time.

Reilly Schueler, CEO of Riize Health, states, "We’re happy to announce we’ve finalized our acquisition and with this comes a great team of people from iMD that will absolutely aid in expanding our growth and position us in the future for further acquisitions that complement Riize."

Rick Wilson, CEO of iMD Companies, Inc., states, “We’re happy to announce the finalization of the acquisition and are in full mode to grow this amazing subsidiary Riize. Watch for news on future product line expansion and revenue projections.”

Follow Riize Social Media

Website @ https://www.riizehealth.com

Facebook @ https://www.facebook.com/riizehealth

Instagram @ https://www.instagram.com/riizehealth/

Tiktok @ https://www.tiktok.com/@riize_up_llc

Blogs @ https://riizeup.com/pages/recent-blog-post

About Riize, LLC

Riize is revolutionizing the healthcare industry as a leading telemedicine/pharmacy services provider. Our specialized focus on men’s and women’s sexual health and weight loss sets us apart from the competition due to our revolutionary delivery system. We are proud to offer a convenient and innovative online healthcare service that connects individuals with licensed healthcare providers. At Riize, we understand the importance of personalized care. That’s why we provide a platform where patients can easily consult with healthcare professionals remotely. Through video or phone calls, individuals can discuss their symptoms, receive accurate diagnoses, and obtain personalized treatment plans that address their specific needs. We believe in breaking down barriers to healthcare access. With Riize, patients no longer have to endure long wait times or travel to a physical clinic. Our user-friendly platform ensures that quality healthcare is just a few clicks away. Join us in shaping the future of healthcare. Experience the convenience and expertise that Riize offers. Your health and well-being are our priorities.

Follow iMD Companies, Inc. Social Media

Twitter @ https://twitter.com/imd_inc

Instagram @ https://www.instagram.com/imdcompaniesinc/

About iMD Companies, Inc.

iMD Companies. Inc. (OTC: ICBU) is a Florida Corporation. The company has been re-positioned to be a holding company for acquisitions and technology development in the healthcare markets. iMD's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace.

Safe Harbor Statement

Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

Contact:

iMD Companies, Inc.
info@imdcompaniesinc.com


FAQ

What company did iMD Companies (ICBU) acquire?

iMD Companies, Inc. (OTC: ICBU) completed the acquisition of Riize, , an innovative online provider in the men's and women's personal healthcare market.

How has Riize's business performance been prior to the acquisition by ICBU?

Riize has shown impressive growth, achieving a 6x increase in sales order volume and a 3x expansion of its online subscriber base in less than a year before the acquisition.

What are Riize's main areas of focus in the healthcare market?

Riize specializes in telemedicine and pharmacy services, with a primary focus on men's and women's sexual health and weight loss.

How does Riize's healthcare service work?

Riize offers remote consultations with licensed healthcare providers through video or phone calls, allowing patients to discuss symptoms, receive diagnoses, and obtain personalized treatment plans.

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