PacificHealth Laboratories Announces Science and New Product Consulting Agreement with Signal Nutrition LLC
31 7월 2010 - 1:00AM
Business Wire
PacificHealth Laboratories, Inc. (OTCBB: PHLI), a nutrition
technology company, announced today that it has signed a consulting
agreement with Signal Nutrition LLC, a research and development
company headed by former PHLI CEO and founder Dr. Robert Portman.
This agreement supports PHLI’S efforts in focusing on its core
businesses to drive growth and profitability.
Fred Duffner, President of PacificHealth Laboratories said,
“Robert brings a wealth of knowledge and experience in assisting
PHLI address its core needs in the area of science and the
development of new products. The company has not provided new
innovation under its sports nutrition umbrella in over 3 years.
There is new science in the category that we need to stay ahead of
to insure we continue to bring leadership to the category. We look
forward to working with Robert over the next several months to
prepare for 2011 and the anticipated growth opportunities.”
The agreement is for 6 months with an option to renew for an
additional 6 months. For further information please refer to the 8K
filed with the SEC on July 29, 2010.
About the
Company:
PacificHealth Laboratories, Inc. (PHLI.OB), a leading nutrition
technology company, has been a pioneer in discovering, developing
and commercializing patented, protein-based nutritional products
that stimulate specific peptides involved in appetite regulation
and that activate biochemical pathways involved in muscle
performance and growth. PHLI’s principle areas of focus include
weight loss, management of Type 2 diabetes and sports performance.
To learn more, visit www.pacifichealthlabs.com.
Notice: This news release and oral statements made from time to
time by Company representatives concerning the same subject matter
may contain so-called "forward-looking statements". These
statements can be identified by introductory words such as
"expects", "plans", "will", "estimates", "forecasts", "projects" or
words of similar meaning and by the fact they do not relate
strictly to historical or current facts. Forward-looking statements
frequently are used in discussing new products and their potential.
Many factors may cause actual results to differ from
forward-looking statements, including inaccurate assumptions and a
broad variety of risks and uncertainties, some of which are known,
such general economic conditions, consumer product acceptance and
competitive products, and others of which are not. No
forward-looking statements are a guarantee of future results or
events, and one should avoid placing undue reliance on such
statements.
PacificHealth Laboratories (CE) (USOTC:PHLI)
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PacificHealth Laboratories (CE) (USOTC:PHLI)
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