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Stock impact report

Skyline Medical Projects 100 STREAMWAY System Sales in the U.S. in 2018

SKYLINE MEDICAL INC COMMON (SKLN) 
Company Research Source: GlobeNewswire
MINNEAPOLIS, Jan. 31, 2018 (GLOBE NEWSWIRE) -- Skyline Medical Inc. (NASDAQ:SKLN) (“Skyline” or the “Company”), is pleased to announce that it currently projects sales of approximately 100 STREAMWAY Systems in 2018. This projection is based on ongoing negotiations with U.S.-based hospital chains and medical clinics, as well as recent sales patterns. Sales projections for 2018 are based on a combination of both projected sales to its existing customer base as well as sales to new clients. These 2018 sales projections, which do not include potential sales in Europe and Asia Pacific, if realized would represent a 10x increase over the Company’s 2017 sales figures. In late 2017, the Company ramped up its U.S. sales and marketing campaign for the STREAMWAY system which resulted in a meaningful increase in domestic sales in the fourth quarter of 2017 and early 2018. “Over the past several months, we have increased our sales efforts significantly, which has opened doors to new customer Show less Read more
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