G and S Produkte Must Purchase 100,000 Bottles Over Next Year To Maintain Exclusivity
NEW YORK, Nov. 12, 2003 -- Advanced Plant Pharmaceuticals, Inc. (OTCBB:APPI), announced that the company's exclusive marketing partner for Lo-Chol, Nutralife Pharmaceuticals Corp. has signed an exclusive distribution agreement with G&S Produkte (www.gus-shop.de http://www.gus-shop.de/)
G&S Produkte is considered in the top 10 direct response infomercials and retail distributors in Germany supplying all the major retail chains, including Germany's largest retail chain, Metro, and selling through QVC and TV ShopGermany. Ms. Andrea Heinz, V.P of G&S Produkte, said, "We look forward to rolling out Lo-Chol into the German market through our distribution channels. With our rather extensive distribution network, we are confident that this unique nutritional supplement will generate healthy sales."
In order to maintain its distribution exclusivity for Lo-Chol for Germany, G and S Produckte must make subsequent purchases of Lo-Chol, aggregating at least 100,000 bottles, over the duration of the agreement, although it is not obligated to make such subsequent purchases.
Nutralife Pharmaceuticals, said," It is very gratifying to see that we are gaining increasing momentum in developing the worldwide distribution network planned for Lo-Chol. We are currently in active negotiations for distributes in a number of other marketing regions globally and anticipate additional agreements to be announced in the near future. G and S represents only the third country in distribution so far, and we look forward to continuing to develop the necessary relationships to broaden Lo-Chol's availability internationally."
Advanced Plant Pharmaceuticals, Inc. (APPI) focuses on the research and development of plant-based dietary supplements. The Company has a patent pending process that utilizes whole plants to manufacture all natural dietary supplements. APPI uses this process to manufacture products, which the company plans to distribute worldwide through various sales distribution contracts or majority-owned spin-off companies. Current products include Sinusol (homeopathic allergy and nasal spray), Garlic, ACA (immune system booster) and the patented Lo-Chol. Corporate website: www.appi.cc http://www.appi.cc/.
NutraLife Pharmaceuticals, Corp. is a newly established direct response and marketing firm focused on the development and design of marketing programs for a range of commercial products, including production, media buying, fulfillment, direct response, telemarketing, customer service and retail integration and distribution.
FORWARD LOOKING STATEMENTS:
This release contains forward-looking statements within the meaning and pursuant to the Safe Harbor provisions of the Securities Litigation Reform Act of 1995 and involve risks and uncertainties that may individually or mutually impact the matters herein described, including but not limited to product development and acceptance, manufacturing, competition, regulatory and/or other factors, which are outside the control of the Company.