SCOTTSDALE, Ariz., Apr 17, 2008 (BUSINESS WIRE) -- Baywood International, Inc. (BAYW) ("Company") announced today that its wholly-owned subsidiary, Nutritional Specialties, Inc./dba LifeTime(R), has signed an exclusive distribution agreement with Nature's Way of Canada Limited ("Nature's Way"), a wholly owned subsidiary of Nature's Way Products, Inc., to expand the existing distribution of its LifeTime(R) brand of products in the Canadian market.
Nature's Way is one of the leading distributors of food supplements and other selective nutritional products in the Canadian market providing national, coast to coast direct sales, marketing and distribution to a network of over 1,200 loyal health food retailers. The Nature's Way distribution capabilities include two distribution centers, located in Markham, Ontario and Surrey, British Columbia, supported by a dedicated team of ten outside and inside sales professionals.
"LifeTime has been a strong brand in Canada over the last 15 years and is available in approximately 850 health food stores. With this distribution agreement with Nature's Way, we expect to establish a significantly greater presence for the LifeTime brand and continue to build our network of retailers in the Canadian market," stated Tom Pinkowski, President of LifeTime.
"We look forward to working closely with LifeTime in building this brand further in our market. It has an existing foundation that we can build on to increase sales and brand awareness in Canada. We expect to enjoy a mutually beneficial partnership over the coming years," stated Jeff McHarg, COO of Nature's Way.
Nutritional Specialties, Inc./dba LifeTime(R) or LifeTime(R) Vitamins ("LifeTime"), a wholly-owned subsidiary of Baywood International, Inc., is a nutraceutical company that was established in 1988 and specializes in the development, marketing and distribution of its own brands under the LifeTime(R) name. LifeTime's brands currently consist of approximately 370 products that are sold directly to independent and chain health food stores, pharmacies, natural food stores, and other direct-to-consumer channels across the United States. In addition, LifeTime's products are sold internationally through distributors in Canada, Croatia, Turkey, England, Dubai, Holland, Sweden, Portugal and certain parts of Asia. For more information, call (888) 350-0799, or for more information, visit www.lifetimevitamins.com.
Baywood International, Inc. (BAYW) ("Baywood") is a nutritional science company that develops, markets and sells nutraceutical and nutritionally enhanced products and new age beverages under its own brands. Baywood merges its expertise in nutritional formulation with its leverage in sales and distribution to deliver the most effective and progressive products to market. Currently, Baywood's products are sold under three brands that are distributed into retail markets nationwide and internationally as follows:
-- LifeTime(R) - Available in independent and chain health food stores, natural grocery stores, and other direct-to-consumer channels both internationally and domestically ( www.lifetimevitamins.com)
-- Baywood PURECHOICE(R), Baywood SOLUTIONS(R) and Complete La Femme(R) - Available in independent and chain health food stores, natural grocery stores, and other direct-to-consumer channels both internationally and domestically ( www.bywd.com)
-- Mamajuana Energy(TM) - Available in select convenience stores and chain stores nationwide ( www.mamajuanaenergy.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, its ability to integrate the business of Lifetime, need for and availability of additional capital 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.