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Sunday, November 10, 2013 8:40:18 AM
DENVER, CO--(Marketwired - Nov 8, 2013) - MusclePharm Corporation (OTCQB: MSLP) ("MusclePharm"), a leading international, award-winning sports nutrition company, announced today it has made a strategic investment in Fuse Science, Inc. (OTCQB: DROP) ("Fuse").
MusclePharm's investment was part of a larger investment from several other prominent investors, many of whom also participated in MusclePharm's $12 million registered direct public offering in early 2013. MusclePharm's financial interest is part of on-going discussions that may lead to a more meaningful strategic relationship between MusclePharm and Fuse Science®.
Fuse Science, Inc. is an innovative consumer products and delivery technology company based in Miami Lakes, Florida. Fuse Science® holds the rights to new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals. Fuse Science® maintains the rights to sublingual and transdermal delivery systems for bioactive agents that can now, for the first time, effectively encapsulate and charge many varying molecules in order to produce complete product formulations which can bypass the gastrointestinal tract and enter the blood stream directly -- all in a concentrated "DROP" form that is simply applied under the tongue. The Fuse Science® technology is designed to accelerate conveyance of medicines or nutrients relative to traditional pills and liquids and can enhance how consumers receive these products. Information about Fuse Science® is available online at www.fusescience.com and www.poweredbyfuse.com.
"The investment in Fuse emanates from our interest in its delivery technology and products," stated Brad Pyatt, Founder and CEO of MusclePharm. "It is aligned with our strategy of leveraging our marketing and distribution channels while bringing both innovation and sophistication to the sport nutrition market. We look forward to continuing ongoing discussions with the Fuse management team and exploring various possibilities for a mutually advantageous strategic relationship."
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