Wellness Center USA, Inc. announced that it has entered into a Joint Venture (J V) with The Medical Alliance Inc. (TMA) to produce and commercialize the Psoria-Light, a edge medical device developed by WCUI's wholly owned subsidiary Psoria-Shield, Inc. (PSI). Psoria-Light is the first DEEP UV LED Phototherapy device in the world capable of treating skin diseases such as Psoriasis, Eczema, Vitiligo and more. According to the terms of the Joint Venture Agreement, the relationship between WCUI and TMA commences immediately.

WCUI and TMA have formed an Illinois company, Psoria Development Corp. (PDC) to manage the operational side of the business, including; product manufacturing, sales & marketing, customer support & services, and all future research and development of new features and applications. PSI remains a wholly owned subsidiary of WCUI and shall account 100% of sales revenues.

WCUI and TMA, the two equal members of the JV will be compensated through sales performance and market value of PSI. TMA has committed to provide top-level engineering, scientific and marketing personnel as well as management and resources to this project. It has appointed its associate Mr. Dennis Sleister to supervise the regulatory and manufacturing aspects of the J V. The joint venture projects that it can manufacture and market the Psoria-Light product to begin revenue generation in the second quarter of 2015 and achieve second year revenues of $10 million+ with a return of $2 million EBITA.