Message #41 From:
Jason Date: March 5, 2008 07:14:30 AM
Med Gen Revenue Increases 291%
Med Gen Inc. (OTCBB:MGEN), manufacturers of nationally branded
OTC healthier life products and specialty financial services, reports
that revenue increased to $689,244, a 291% increase as compared to last
year five month year-to-date comparisons.
“This increase is primarily due to the
Financial Services division and does not factor in any increase in
product sales which should start in March, as the company rolls out its
advertising campaigns for Snorenz®, Painenz®,
Good Nights Sleep®, The CigarHolder™
and Fab U Lust™,”
said Paul Mitchell company President.
Management expects to show significant gains in its second quarter
ending March 31, 2008.
About Med Gen Inc.
Med Gen Inc., in business since
1996, manufactures and markets specialty products using its proprietary
delivery system Spray’s the Way (“STW”).
It is best known for producing the world’s
first patented liquid spray snoring relief formula, Snorenz®.
Since its existence, Med Gen has continued to develop its STW
technology, introducingGood
Nights Sleep® and the UnDiet®
system into its family of brands. Fab U Lust™,
the company’s newest product, a female sexual
stimulant, has been launched in test markets throughout the country.
While STW technology is mainly used, the company also produces other
products that deal with common health issues using other delivery
systems. The company markets its products to distributors, major chain
and drug stores, direct sales via the company web site and direct to
consumer television, radio and print advertising. The company also
distributes its brands internationally under various private labels or
existing names. The Company also offers specialty services to small
emerging public companies in similar fields as a way of adding assets to
its base business.
Med Gen Inc. is a fully reporting company whose stock trades on the
OTCBB under the symbol “MGEN”.
For information contact Investor Relations 561-750-1100 or www.medgen.com.
This Press Release contains or incorporates by reference “forward
looking” statements including certain
information with respect to plans and strategies of Med Gen Inc. For
this purpose, any statements contained herein or incorporated herein by
references that are not statements of historical fact may be deemed
forward looking statements. Without limiting the foregoing, the words “believes”,
“suggests”, “anticipates”,
“plans”, “expects”,
and similar expressions are intended to identify forward looking
statements. There are a number of events or actual results of Med Gen
operations that could differ materially from those indicated by such
forward looking statements.
Med Gen Inc., Boca Raton Paul Kravitz, 561-750-1100 www.medgen.com