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PHLI PacificHealth Laboratories Inc (CE)

0.000001
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
PacificHealth Laboratories Inc (CE) USOTC:PHLI OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

PacificHealth Laboratories Signs License Agreement With Body Glove International

03/05/2012 2:00pm

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PacificHealth Laboratories (CE) (USOTC:PHLI)
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PacificHealth Laboratories, Inc. (OTCQB: PHLI) (OTCBB: PHLI), a leading sports nutrition company, announced the signing of a License Agreement with Body Glove International, one of the foremost brands in water sports and outdoor activities. The License Agreement gives PacificHealth the right to use the Body Glove trademark and intellectual property rights in connection with the design, manufacture, marketing, distribution and sale of a form of PacificHealth's 2ND SURGE™ Ultra Energy Gel.

Fred Duffner, President and CEO of PacificHealth Laboratories, Inc., said, "A major initiative this year is to increase sales of our products among individuals who participate in active sports including rock climbing, skateboarding and surfing. Many of our products, specifically 2ND SURGE, are ideal for individuals who participate in these activities. Active sports represent the fastest growing segment in sports participation. Our new association with Body Glove will help us immeasurably in gaining penetration among this group of consumers. Body Glove represents an iconic brand that stands for quality and performance, similar attributes of PacificHealth Laboratories' products. The Body Glove brand has high recognition and broad scale appeal in the active sports community."

Mr. Duffner added, "Our goal is to leverage the Body Glove brand, first in California and then expanding nationally, to grow our brand of caffeinated gel products. These products, with their unique formulation, are ideal for the active sports community. They are light weight, easy to carry and, in multiple studies, have been shown to be very effective in extending muscle endurance and decreasing brain fatigue."

Robbie Meistrell, CEO of Body Glove International, said, "Among our consumers, the Body Glove brand represents the gold standard for performance. Originally, my dad and my uncle created the wetsuit so surfers and divers could stay in the water longer. Body Glove Surge enables the user to participate in their sport with greater endurance and superior longevity. This model product fits the standard that we have created with our brand. That's why I am so enthusiastic about our new relationship with PacificHealth Laboratories. Their science-proven products are incomparable in the performance nutrition category."

About PacificHealth: PacificHealth Laboratories, Inc. (OTCQB: PHLI) (OTCBB: PHLI), founded in 1996 by two prominent scientists, started with a singular purpose -- to help athletes achieve their personal goals. We never lost sight of that mission. Collaborating with some of the world's top nutritionists, biochemists and sports scientists, our research and products have reshaped sports nutrition. Our discoveries help muscles work stronger, faster and longer and are an integral part of the daily training and race regimens of athletes at all levels. However, we are most proud of the simple fact that our products "power your passion." To learn more, visit www.pacifichealthlabs.com.

About Body Glove: Founded in 1953, Body Glove is a leading, worldwide water sports brand specializing in wetsuits, swimwear, clothing, footwear, accessories, and technology accessories. The company sponsors one of the most respected surf and wakeboard teams in the industry. Through Reef Check, SIMA's environmental fund, and the Surfrider Foundation, Body Glove works to preserve the purity of the waters it loves. Body Glove products are sold in the U.S. by a network of independent retailers. Body Glove is also sold in approximately 50 countries internationally. To learn more, visit www.bodyglove.com.

Notice: This news release and oral statements made from time to time by Company representatives concerning the same subject matter may contain so-called "forward-looking statements." These statements can be identified by introductory words such as "expects," "plans," "will," "estimates," "forecasts," "projects," or words of similar meaning and by the fact they do not relate strictly to historical or current facts. Forward-looking statements frequently are used in discussing new products and their potential. Many factors may cause actual results to differ from forward-looking statements, including inaccurate assumptions and a broad variety of risks and uncertainties, some of which are known, such as general economic conditions, consumer product acceptance and competitive products, and others of which are not. No forward-looking statements are a guarantee of future results or events, and one should avoid placing undue reliance on such statements.

Media Contact: Kenna Meistrell Body Glove International 310-374-3441 x107 Email Contact PacificHealth Contact: Stephen Kuchen 732-739-2900, x603 Email Contact

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