SK3 Group, Inc. Announces $5M Sale of Biomolecules to SuperFruit BioSciences, Inc.
May 25 2010 - 11:00AM
Marketwired
SK3 Group, Inc. (PINK SHEETS: SKTO) today announces that it has
signed a $5M biomolecule sales agreement with SuperFruit
BioSciences, Inc., a Florida corporation.
The biomolecules that are the subject of the sale are intended
for cosmetic product use and skin treatment in the United States
and South America. They were produced as a by-product of the
proprietary and patented adult stem cell regeneration technology
owned by Texas-based adult stem cell technology company Regenetech
(www.regenetech.com). Discovia Life Sciences, the biotechnology and
advanced life sciences holding portfolio of parent company
Healthcare of Today, sold the biomolecules to SK3 Group earlier
this year.
SuperFruit BioSciences, Inc. is a value added manufacturer,
direct supplier, and innovator in Amazon Rain Forest super fruit
ingredient processing. The Amazon Rainforest holds many of the
health and wellness answers for the earth's aging population and is
a treasure chest of medicinal bio-resources derived from fruits,
plants and trees that, when harnessed together, will provide a
powerful and diverse portfolio of products to the marketplace.
Sourcing super fruits such as Acai in the Amazon basin while
following sustainable, environmentally conscious business practices
and food and health product safety guidelines, Superfruit
BioSciences, Inc. captures the essence of this opportunity by
bringing together well known local Brazilian experts, along with
critical focus on R&D with several U.S. universities and the
Institute for Superfruit Research, which it founded.
The sales agreement provides a non-exclusive right to distribute
and use the biomolecules for cosmetics, skin treatments and related
uses in the U.S. and an exclusive right of distribution in Brazil.
The company plans to investigate the development of products
marrying the high anti-oxidant oils, powders, butters and creams
derived from Rain Forest natural products, with the regenerative
powers of the biomolecules, for use in new cosmetic lines as well
as skin treatments and similar uses.
About Healthcare of Today, Inc.
Healthcare of Today is a vertically integrated healthcare
holding company. Founded in 2008, it has acquired a number of
companies, many specializing in the senior care industry. Its
direct and indirect subsidiaries are engaged in a wide range of
businesses including: nurse staffing, residential care facilities
for the elderly, home healthcare services, home healthcare
equipment sales, healthcare IT, medical devices, healthcare
consulting, insurance, data security, biotechnology, and
alternative energy. For further information please visit
www.healthcareoftoday.com.
About SK3 Group, Inc.
SK3 Group offers a range of services in the healthcare industry.
In addition to offering the most valued healthcare services in the
industry today, including hospice care, the company provides
supportive healthcare business services. Further information can be
found at http://www.sk3groupinc.com.
Safe Harbor Statement
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release may contain forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
"believes", "expects", "anticipates" or similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements to differ materially from those
expressed or implied by such forward-looking statements. This news
release speaks as of the date first set forth above and no
responsibility or obligation may be assumed or exists to update the
information included herein for events occurring after the date
hereof.
Contacts: SK3 Group, Inc. Kelvin Pan (866) 963-2417 x 805
info@sk3groupinc.com www.sk3groupinc.com
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