BICO, Bio-One Signs Agreement for First Acquisition Wednesday August 20, 8:07 am ET
ORLANDO, Fla.--(BUSINESS WIRE)--Aug. 20, 2003--Bio-One Corporation (OTCBB:BICO - News; "Bio-One" or the "Company") has agreed to acquire a Florida based business that develops proprietary, brand name, nutritional products utilizing more than 4,000 physicians on its Scientific Advisory Board. Each of their natural health and nutritional products is developed, formulated and evaluated by medical practitioners. They have built a solid reputation for consistent high quality and customer service. Their products are currently being sold through healthcare practitioners and retail stores. Additional distribution channels will be developed to include a complete e-commerce platform, a direct mail program and infomercials utilizing customer testimonials. Terms will be announced upon closing of the transaction which is scheduled to be completed by August 31. Bio-One is aggressively pursuing additional acquisition candidates by targeting both manufacturers and marketers of nutritional supplements that are already profitable and have growing revenues. Business Summary
Bio-One Corporation is an emerging growth company that is embarking on building a significant business in the nutritional supplements industry via vertical integration acquisitions and marketing consolidation. The Company's home state, Florida, ranks first nationally in per capita consumption of nutritional supplements and second only to California in nutritional supplement sales. The Company's goal is threefold; 1) to uniquely serve people worldwide who desire vitality and longevity; 2) to interface a quality and value growth philosophy through vertical integration and selected marketing companies consolidation; 3) to provide an outstanding return on investment for Company shareholders.
Certain statements released by Bio-One Corporation that are forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other risks detailed in the company's registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
-------------------------------------------------------------------------------- Contact: Bio-One Corporation, Orlando Investor Relations: Bob Gartzman, 888-327-4703 or Equitilink Andy Arms, 877-788-1940 http://www.equitilinkpr.com or Visit the Bio-One Corporation website at http://www.bioonecorp.com
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.