This morning, there could be a number of companies that may attract attention from investors, and one of those could be Ubiquitech Software Corp. (OTC:UBQU). The company came into focus on Monday after it announced that it was set to embark on a future of considerable growth following the strategic move to acquire Innovative Outcomes Inc. Innovative Outcomes is a visionary operator in the medical wound care space and was established in 2020.
Since its establishment, Innovative Outcomes has experienced considerable success, and in 2023, it will have surpassed the milestone of $5,000,000 in annual sales. In the news release, it was noted that the notable success of the company was due to the leadership and expertise provided by its Chief Executive Officer and founder, Kevin Lamb. In this regard, it ought to be noted that Lamb had also been involved with Advanced Tissue Inc., his previous venture, which had generated yearly sales of more than $36,000,000.
Ubiquitech Software Corp. noted in its news release that Lamb would bring considerable experience and expertise to the operations. The strategic vision that he had for innovative outcomes was in alignment with the rising demand in the market for vascular disease and diabetes treatments, among others. It was also noted that the market remained underserved. Ubiquitech Software Corp. stated that there was significant enthusiasm about the acquisition since it would help in transforming the company towards becoming a powerhouse in the healthcare space. The Chief Executive Officer of the company, James Ballas, spoke about the development as well. He noted that Ubiquitech Software Corp. aspired to become the most successful and profitable company it possibly could. Hence, the management had started the search for a company that it could acquire. Following many months of discussions, the company had chosen Innovative Outcomes as the acquisition target.