Optigenex, Inc. (PINKSHEETS: OPGX) announced today that Solgar Vitamin and Herb has been granted new rights to market and distribute dietary supplements containing Optigenex's patented ingredient AC-11(R) in health food, vitamin and specialty food stores worldwide, excluding certain geographic areas. Financial and other terms have not been disclosed. Today's announcement signals the renewal of a cooperative business relationship between the parties that first began in 2007.
AC-11(R) by Optigenex, the first all natural product that actually helps the body to enhance its own ability to repair DNA damage caused by overexposure to the sun and oxidative stress, is in products currently sold in the United States, Canada and worldwide by over 100 companies in the cosmetic, personal care and nutraceutical industries. Optigenex technology is protected by six patents in the United States, with additional patents pending in the United States and other key economic centers globally.
Solgar is a manufacturer and provider of nutritional supplements with over 60 years of experience in the health and wellness field. The company is recognized worldwide for its industry leading experts, as well as its own, state of the art manufacturing and quality assurance laboratory facilities.
Daniel Zwiren, president and CEO of Optigenex, said, "Our company is pleased by Solgar's enthusiasm for AC-11(R). Solgar has a superior reputation among retailers and consumers and, as such, provides excellent exposure for our unique, patented technology. We feel that Solgar's commitment to innovative, science-based formulations and consumer education fits hand in glove with the growing body of data supporting AC-11(R)'s role in promoting healthy, all natural DNA repair. Through Solgar and our other invaluable channel partners, Optigenex believes the message behind AC-11(R) will reach the widest possible cross section of educated consumers."
About Optigenex Inc.
Optigenex Inc. is a formulator, distributor and provider of proprietary next generation skin care technology, dietary supplements and bulk ingredient featuring AC-11(R) as its core product. AC-11(R) (formerly known as C-MED-100(R)) is a patented, bioactive and water soluble rain forest compound derived from the medicinal herb Uncaria tomentosa. For more information about Optigenex please visit our website: www.optigenex.com
*The statements made in this press release have not been evaluated by the Food and Drug Administration (FDA). The products mentioned herein are not intended to diagnose, treat, cure or prevent any disease.