Message #20 From:
NewsBot Date: August 10, 2005 01:30:00 AM
HESG News Initial Shugr Order Shipped To GNC
LOS ANGELES--(BUSINESS WIRE)--Aug. 10, 2005--Health Sciences Group, Inc. (OTCBB:HESG), a provider of innovative nutritional products and functional food ingredients derived from natural sources, announced today that it has shipped its initial order of Shugr to GNC. Cases of its Shugr products are expected to arrive at the GNC distribution center later this week and to be on the shelves of participating GNC retail stores by early next week.
"We are pleased to have fulfilled our initial order of Shugr with GNC," commented Fred E. Tannous, co-chairman and Chief Executive Officer of Health Sciences Group. "As the industry's leading retailer of nutritional products, GNC offers an ideal venue for distributing our revolutionary Shugr products. We look forward to working with GNC to expand the distribution of Shugr and making it available to health conscious consumers worldwide."
Shugr is a natural, zero-calorie sweetener made from sugars that occur naturally in such good-tasting, healthy foods such as fruits, vegetables, corn and dairy products. Erythritol is a naturally-occurring sugar commonly found in melon, grapes, mushrooms and soy. Tagatose comes from dairy products, but does not affect people who are lactose intolerant. Tagatose also provides an added health benefit -- prebiotic fiber that promotes intestinal health, much the way yogurt does. Maltodextrin is derived from corn sugar, which is non-GMO and gluten-free. A trace amount of sucralose is added to give Shugr its "high note." All of these ingredients carry a GRAS (Generally Recognized As Safe) designation for food safety from the US Food & Drug Administration.
"We have received a tremendous amount of interest in Shugr over the past several months," stated Bill Glaser, Co-chairman and President of Health Sciences Group. "Now that Shugr is available at GNC stores, we believe this increased availability combined with our planned marketing campaign will contribute to increased sales of Shugr. In addition to securing more retail accounts in the coming months, we expect to offer promotional discounts on the purchase of Shugr in order to achieve pricing which is comparable to other zero-calorie sweeteners on the market today."
As part of its promotional efforts, the company plans to offer coupons for discounts on the purchase price of Shugr products available at participating GNC stores. Free samples of Shugr can be obtained by visiting the company's website at www.HSciences.com/free_shugr.asp.
About Health Sciences Group, Inc.
Health Sciences Group identifies, develops and commercializes innovative nutritional products derived from natural sources to provide consumers and medical professionals with preventative healthcare alternatives. The company markets its own line of proprietary products based on novel technologies with clinically-supported, GRAS-certified ingredients under its Swiss Research(TM) and Swiss Diet(TM) brand names. For more information, visit www.HSciences.com.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, the independent authority of the special committee to act on the matters discussed, the successful negotiation of the potential acquisition and disposal of transactions described above, successful implementation of the company's business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.
