MNI Nutraceuticals to Begin Diversifying Business Model to Enter Into Billion Dollar Sector of Natural Food Supplement Market
May 10 2010 - 9:45AM
Marketwired
MNI Nutraceuticals (PINKSHEETS: MNIA) is pleased to announce that
it is expanding its core products beyond the joint pain and weight
management categories that have been the cornerstone of MNI
Nutraceuticals. Currently, Arthrizyme and Vital Slim has been a
strong mainstay for MNI as Arthrizyme has been a continued success
with its joint pain benefits and is still in strong demand with
Vital Slim having created a niche in the billion dollar weight
management sector. MNI feels it is time to begin diversifying
beyond the joint pain and weight control markets.
MNI has been heavily researching on various delivery systems and
technologies that will impact the marketplace, similar to how
Arthrizyme did on its introduction back in 2004. Stated Mr. Harvey
Panesar, President of MNI Nutraceuticals: "MNI has spent a great
degree of time looking at various delivery platforms and
technologies for the natural supplementation market that will
definitely change the way the natural food market is viewed. We
have spent numerous amounts of hours determining where the market
is, and where it is going, from RTD (ready-to-drink), Mood/Mind
Health food and drinks, gluten-free products, food and beverage
additives, as well as anti-oxidants and probiotics. Each of these
categories has a year over year growth with expectations of annual
sales of over $1 billion."
Mr. Panesar continued, "Not only have we been looking at other
categories under the natural food marketplace, we have been seeking
various delivery platforms as well. From functional gum, to
trans-dermal patches, to additive drops, we have been looking at
expanding the MNI brand to continue being a category leader."
About MNI Nutraceuticals Inc.
MNI Nutraceuticals Inc. is a company focused on providing a
better health and lifestyle through natural products. MNI
Nutraceuticals flagship products include Arthrizyme™ for general
joint pain and Vital Slim, which is a proprietary formula for
weight control and management. For more information please visit:
www.mninutra.com
Safe Harbor Statement
This release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
The risks and uncertainties that may affect the operations,
performance development and results of the Company's business
include but are not limited to fluctuations in financial results,
availability and customer acceptance of our products and services,
the impact of competitive products, services and pricing, general
market trends and conditions.
Contact: Taylor Capitol, Inc. Investor Relations: Stephen Taylor
973-351-3868 E-mail: Email Contact
Cannis (CE) (USOTC:MNIA)
Historical Stock Chart
From Apr 2024 to May 2024
Cannis (CE) (USOTC:MNIA)
Historical Stock Chart
From May 2023 to May 2024