|By Marketwired .||
|June 17, 2014 04:32 PM EDT||
WEST DES MOINES, IA -- (Marketwired) -- 06/17/14 -- Spotlight Innovation, Inc. (OTCQB: STLT) continues to build relationships with Midwest-based vendors and partners.
Cristopher Grunewald, President and CEO of Spotlight Innovation, said, "The Midwest is a hotbed of talent and innovation, and it has always been a pillar of our business plan to build relationships with people and institutions in the Midwest. We are pleased that we are making good on this commitment. One of our most exciting relationships is with Denver Savings Bank, located in Denver, Iowa, the very definition of a small, midwestern town. Denver Savings Bank extended us a Letter of Credit, and we look forward to partnering with them in the coming years as we work toward our goal of positively impacting the health and well-being of as many people as possible."
Cosigner on the Denver Savings Bank Letter of Credit, and investor in Spotlight Innovation, is former National Football League Detroit Lions defensive end Jared DeVries. Said Mr. DeVries, "I am a born and bred Midwesterner, and I appreciate the emphasis Spotlight Innovation places on developing resources in the Midwest. I am tremendously excited to be a part of the Spotlight Innovation team. We are supporting the Midwest community and we have the potential to transform the fight against cancer, making a real difference in improving the quality of life for people around the world, and for our folks here in the Midwest."
About Spotlight Innovation, Inc.
Spotlight Innovation, Inc., provides solutions for healthcare-focused companies commercializing healthcare intellectual property developed by major centers of academia in the United States. The company focuses on identifying, validating and acquiring/cooperating with early stage companies developing healthcare technologies including pharmaceuticals, devices and equipment, diagnostic products and healthcare IT. Additional information available at www.spotlightinnovation.com.
Forward Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.