SCOTTSDALE, Ariz., Aug 01, 2006 (BUSINESS WIRE) -- Baywood International, Inc. (BYWD) announced today that its Cal-Mag FIZZ(TM) has been approved for marketing to the European Union (EU), a union of twenty-five independent member countries.
"This represents a great potential opportunity for Baywood for increased sales and profits once we start selling our products in Europe," Neil Reithinger, President and CEO of Baywood stated. "It has become extremely difficult to receive product registrations for nutritional and dietary products in many overseas countries due to the extensive and exhaustive documentation requirements by government health authorities. Documentation requirements in many countries are rigorous and can take up to two years or more to obtain product registration approval," he said.
The EU is comprised of the following member countries: Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, United Kingdom of Great Britain, Northern Ireland, Cyprus (Greek part), the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia. Once approved, products can now be shipped from United States to an EU distribution center for further distribution from there to any EU member country.
"We are very happy to have obtained this European approval for our Cal-Mag FIZZ," stated Karl Rullich, Vice-President of International Sales for Baywood. "We have worked on obtaining this approval in conjunction with our representative in the United Kingdom for well over two years. This opens the door to another huge market potential for Baywood," Rullich stated further.
Baywood's unique Cal-Mag FIZZ powdered supplement is delivered in a highly absorbable form to allow for the maximum absorption of calcium and magnesium, along with a blend of other nutrients, to strengthen bones and teeth. Cal-Mag FIZZ dissolves completely in water or juice with no mixing, making it a convenient way to get beneficial bone health nutrients.
Baywood International, Inc. (BYWD) is a nutraceutical company specializing in the development, marketing and distribution of its own proprietary brands under the names Baywood PURECHOICE(R), Baywood SOLUTIONS(R) and Complete La Femme(R). The Company's products are distributed through independent and chain health food stores, pharmacies, grocery stores, and other direct-to-consumer channels both internationally and domestically. For more information, call (888) 350-0799, or for more information visit www.bywd.com.
This press release may contain forward-looking statements, made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. The Company's expectations, among other things, are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, as well as other uncontrollable or unknown factors which are more fully disclosed in the Company's Form 10-KSBs and 10-QSBs on file with the United States Securities and Exchange Commission.