Trucept Announces New Subsidiary Trucept Risk Management, Inc.

San Diego-
March 24, 2022

SAN DIEGO–(BUSINESS WIRE)–Trucept Inc. (OTC Pink: TREP) announced today its new subsidiary, Trucept Risk Management, Inc. Taking an innovative approach to the administration of workers’ compensation claims, the Company focuses on reducing Professional Employer Organizations’ costs.

Andrew Jones, Trucept Risk Management’s President, states, “Professional Employer Organizations pay millions each year for workers’ compensation claims. Trucept Risk Management prides itself on actively closing claims.”

Jones continues, “Our team of insurance experts take control of the full cycle of the workers’ compensation claims process.”

Trucept Inc. CEO Norman Tipton said, “The Company’s internal risk management has been using this model for several years. Our client PEOs have seen significant savings, and we believe it is time to take this to the next level with a subsidiary.”

Trucept Risk Management is based in Escondido, California, and has an office in Lehighton, Pennsylvania. Trucept Risk Management’s parent company, Trucept, offers professional services that help businesses navigate growth. The Company’s professional services include:

Marketing, technology, and Accessibility Act compliance services
Insurance offerings and third-party administrator (TPA) services
Payroll
Human resources and management
Employee benefits administration
Accounting support
Safety and risk management

For additional information, visit www.TruceptRisk.com.

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About Trucept Inc.

True solutions, today and tomorrow: Trucept Inc. helps organizations focus on growing their business. With a dedicated suite of powerful tools and services designed to put business owners in charge of running their businesses and increasing efficiency, Trucept tackles a variety of important administrative needs and provides a host of value-added advantages. The company offers expert business services in the form of payroll, human resources and management, employee benefits, accounting support, safety and risk management, and marketing and technology services. For more information, call 858-798-1620 or visit https://truceptservices.com/.

Disclaimer

Statements in this press release that are not historical facts are forward-looking statements, including statements regarding future revenues and sales projections, plans for future financing, the ability to meet operational milestones, marketing arrangements and plans, and shipments to and regulatory approvals in international markets. Such statements reflect management’s current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company’s expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact the Company’s success are more fully disclosed in the Company’s most recent public filings with the U.S. Securities and Exchange Commission (“SEC”), including its annual report on Form 10-K.