ANAHEIM, CA, Nov 26, 2007 (MARKET WIRE via COMTEX) -- Naturade, Inc. (PINKSHEETS: NRDCQ) announced that Mr. Milos Sarcev has joined Naturade as its Chief Science Officer.
Mr. Sarcev, a former Mr. Universe and a noted nutritional expert, brings his vast knowledge of health and fitness to Naturade. Mr. Sarcev is involved in several other business ventures, including the Koloseum Gym ( www.koloseumgym.com) and Koloseum Nutritional Sciences ( www.koloseum.com).
Mr. Michelin added, "The addition of Milos Sarcev takes our in-house abilities in the health and fitness sectors to a whole new level. As a multiple time amateur and professional body building champion, including Mr. Universe, his abilities in the personal fitness arena are legendary. We all know that our customers want healthier bodies and I can't think of a better way to demonstrate our commitment to excellence than to have Milos Sarcev as our point man for developing new products utilizing the latest in health and fitness research."
Naturade is a majority-owned subsidiary of Redux Holdings, Inc. (PINKSHEETS: RDXH). Redux Holdings also has a 30% equity ownership of Koloseum Nutritional Sciences.
About Naturade, Inc.
Founded in 1926, Naturade ( www.naturade.com) is a leading marketer of scientifically supported natural products formulated to improve the health and well-being of consumers. Naturade's products can be found in health food stores and natural foods supermarkets as well as supermarkets, mass merchandisers, club stores and drug stores.
About Redux Holdings, Inc.
Redux Holdings ( www.reduxholdings.com) acquires the assets of companies and isolates, recombines and manages those assets to increase their value and develop profitable strategic options. The Company is distinguished by the extensive experience of its personnel in identifying, analyzing and stabilizing these business opportunities and effecting efficient turnaround and asset monetization.
Investor information, including an investor fact sheet, is available for download at: www.firstcapitalinvestors.com/rdxh.html.
This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.