Bio-Clean, Inc. (BOCL 0.01, +0.00, +27.27%) has announced that its recently formed subsidiary, E-Clean Acquisitions Corporation, has entered into a Joint Venture Agreement with privately held Agrigenic Food Company, a biotechnology research firm and manufacturers of the renowned Biotec Foods(R), Biomed Foods(R) and Biovet International(R) lines of dietary supplements: (www.biotecfoods.com); (www.biomedfoods.com); (www.biovet.net) and (www.petwafer.com).
E. G. Marchi, President of Bio-Clean, Inc., said, "The strategy of this joint venture is to rapidly expand the existing business of Biotec Foods in the nutritional supplements industry through the vertical integration of manufacturing, distribution and marketing into a multimillion dollar, private-branding powerhouse."
Mr. Marchi went on to say, "While we had previously announced entering into a Letter of Intent to acquire certain assets of Agrigenic Food Company, both parties agreed that it was imperative to move forward now with a joint venture arrangement so as to take immediate advantage of the opportunities each of the parties brings to the table. The integration of the operations of Agrigenic Food Company through acquisition of its assets remains an option we will address in the coming months."
"The proprietary blend of sprouts and micro-flora in IsoSproutPlex(R) has been Agrigenic's core technology for over twenty-five years, and is responsible for our product lines' commercial success and our longevity in the marketplace," said Philip Kavanaugh M.D., Agrigenic's Chief Technology Officer. IsoSproutPlex(R) is the first clinically tested dietary supplement ingredient proven to increase the body's own production of key antioxidant enzymes including superoxide dismutase (SOD), its related catalase (CAT), glutathione peroxidase (GPx), and methionine reductase (MET). ~
The Biotec Foods line of supplements includes the best selling antioxidant enzymes Cell Guard(R), Anti-Stress Enzymes(R), Ageless Beauty(R), Extra-Energy Enzymes(R), Runner's Edge(TM), Pacific Sea Plasma(R) and Jet Stress(R). Biotec Foods' supplements are sold to consumers through thousands of independently owned health food stores. The Biomed Foods products are available through healthcare professional only, and include AOX/PLX(R), SOD/CAT(R), GP/CAT(R) MET/CAT(R) and Synovalex(R) brands. Medical professionals including chiropractors, naturopaths, and other health practitioners order Biomed Foods' products through our distribution partner, Emerson Ecologics (www.emersonecologics.com).
The Biovet International line of animal supplements includes Dismutase(TM), Feline Support(TM), Canine Support(TM) and the Antioxidant Petwafer(TM). Our Biovet International products are recommended in a number of independent publications including the best selling, "The Nature of Animal Healing" by Martin Goldstein DVM, "Natural Cat Care" by Celeste Yarnall; "Keep Your Dog Healthy the Natural Way" and "Keep Your Cat Healthy the Natural Way" by Pat Lazarus.
Robert Kavanaugh, President of Agrigenic Food Company, said, "Our branded dietary supplements are presently available throughout the United States. In addition, we are already distributing our products internationally through third-party, private-branding partners located in Japan, Indonesia, Taiwan, Norway and South Korea. With this joint venture, we can build the missing sales and operational infrastructure which is necessary for long-term sustainable growth domestically and abroad."
About Bio-Clean, Inc. The Bio-Clean line of industrial cleaners and restoration products are aqueous blends of bio-degradable, heavy duty surfactants and live, naturally occurring microbes. These innovative products are the culmination of years of intensive research efforts, effectively combining nature with chemistry to produce safe and cost saving solutions to health and environmental concerns. Unlike other "green" cleaners, our products offer cost saving biological benefits, yet are competitively priced with conventional cleaners and degreasers.