KAILUA KONA, Hawaii, Dec 17, 2009 (BUSINESS WIRE) -- Cyanotech Corporation (Nasdaq Capital Market: CYAN), a world leader in microalgae-based, high-value nutrition and health products, announced new products for its Nutrex-Hawaii brand that target specific demographics and nutritional goals. The 100% vegetarian products are based on the company's market-leading Hawaiian Spirulina Pacifica(R), the most complete natural food source in the world with over 100 nutrients that support cardiovascular, eye and brain health, and boost immunity. Each multivitamin is fortified with essential minerals and nutrients to specifically support the health of Men, Women and Seniors.
Spirulina Pacifica(R) Men's Multi-Vitamin -- A complete multivitamin and mineral base formula is fortified for Men with Hawaiian Spirulina Pacifica, Saw Palmetto and Pumpkin Seed to support prostate health, CoQ10 and Phytosterols for heart health, and B Vitamins for energy.
Spirulina Pacifica(R) Women's Multi-Vitamin -- A complete multivitamin and mineral base formula is fortified for Women with Hawaiian Spirulina Pacifica, Evening Primrose Oil and Omega 3 Fatty Acid/DHA to support women's and cardiovascular health, plus a high potency Vitamin B Complex for energy and Iron for blood health.
Spirulina Pacifica(R) Senior's Multi-Vitamin -- A complete multivitamin and mineral base formula is fortified for Seniors with Hawaiian Spirulina Pacifica, Turmeric to support cardiovascular health, Ginkgo and Periwinkle for healthy cognitive function and high potency Vitamin B Complex for energy.
According to Gerald Cysewski, PH.D Cyanotech's Chief Science Officer, each formula was created to work synergistically with Hawaiian Spirulina Pacifica's key nutrients and support the unique nutritional needs of Men, Women and Seniors. He noted, "These multivitamins offer consumers a natural whole-food-based source for complete daily nutrition."
"This is our first entry outside of the green category and an important part of our growth and education strategy," said Andrew H. Jacobson, Cyanotech's President and CEO. "Over 50% of consumers take a multivitamin daily yet the vast majority is unaware of the nutritional benefits in one serving of Hawaiian Spirulina Pacifica. We are excited about introducing our ingredient into a category that has high consumer awareness, steady retail traffic and positive consumption trends."
Hawaiian Spirulina Pacifica(R) Multivitamins will be available in fine natural product, health food and supplement stores in the US in January 2010.
About Cyanotech -- Cyanotech Corporation, a world leader in microalgae technology, produces BioAstin(R) Natural Astaxanthin and Hawaiian Spirulina Pacifica(R)--all natural, functional nutrients that leverage our experience and reputation for quality, building nutritional brands which promote health and well-being. Cyanotech's Spirulina products offer complete nutrition, and augment energy and immune response. They are FDA reviewed and accepted as Generally Recognized as Safe (GRAS) for use in food products. BioAstin's superior antioxidant activity and ability to support and maintain a natural anti-inflammatory response enhance skin, muscle and joint health. All Cyanotech products are produced from microalgae grown at its 90-acre facility in Kona, Hawaii using patented and proprietary technology. Cyanotech distributes to nutritional supplement, nutraceutical and cosmeceutical manufacturers and marketers in more than 40 countries worldwide. Cyanotech was the first microalgae company in the world to obtain quality management standards ISO 9001:2000 certification and is GMP-certified by the Natural Products Association(TM). Visit www.cyanotech.com for more information.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
Except for statements of historical fact, the statements in this press release are forward-looking. Such statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from the statements made. These factors include, but are not limited to, general economic conditions, forecasts of sales in future periods, changes in sales levels to our largest customers, weather patterns, production problems caused by contamination, risks associated with the acceptance of new products, competition, foreign exchange fluctuations, government regulation, and other factors more fully detailed in the Company's recent Form 10-Q and annual Form 10-K filings with the Securities and Exchange Commission.