ADDvise signs Letter of Intent to acquire JTECH Medical Industries, Inc.
ADDvise Group AB (publ) has signed a Letter of Intent with the shareholder of JTECH Medical Industries, Inc. (”JTECH”) regarding an acquisition of 100 percent of the shares in JTECH. JTECH is an American medtech company specialized in developing software and medical instruments to quantify patients’ range of motion, pain, and strength in muscles during rehabilitation of muscle disorders. The company’s products are primarily used by Physical Therapists, Physicians and Chiropractors. The products are sold globally. JTECH is based in Salt Lake City, Utah. The revenue for the last twelve