More good news after the market closed. Take a look at this press release:
Company Press Release
SOURCE: Paracelsian, Inc.
Paracelsian Announces Plans to Establish An Online Store and Affiliation with BarnesandNoble.com
ITHACA, N.Y., Jan. 29 /PRNewswire/ -- (OTC Bulletin Board: PRLN - news) Paracelsian, Inc. (http://www.paracelsian.com) announced today its plans to market products under the New Century Nutrition (NCN) brand name via an Internet-based, online store.
The Company will establish the NCN store in addition to, but separate from, the ongoing development of its award winning online nutrition newsletter, New Century Nutrition Online (http://www.newcenturynutrition.com). The company also announced an affiliation with BarnesandNoble.com through which a variety of health related books will be offered to NCN visitors.
''By popular demand, we are actively seeking to improve and expand the information resources currently available on our online newsletter,'' stated Keith Campbell, Paracelsian's Manager of Information Systems.'' We will be expanding coverage to the system of medicine referred to as Traditional Chinese Medicine (TCM), including contributions from renowned Traditional Chinese Physicians, and will begin to make available relevant and appropriate information from our extensive database on TCM,'' he added.
''We recognize that the Internet is an extraordinary new vehicle for the dissemination and sharing of information, as well as an emerging force for the sale of a wide variety of products, including dietary supplements,'' added Bernie Landes, Paracelsian's President and CEO. ''We are confident that we can offer both a popular Internet resource and a successful venue for the marketing of our products.''
Paracelsian is a unique biotechnology company whose business centers on the development and application of functional bioassays. These assays are used for Quality Assurance of herbs, botanicals and other dietary supplements, in the development of dietary supplements, OTC and pharmaceutical products, and in monitoring environmental toxins and identifying carcinogens.
Notice: This news release may contain forward-looking statements.
Investors are cautioned that such forward-looking statements involve risks and uncertainties, including but not limited to, the results of research and development efforts, the effect of regulation by the United States Food and Drug Administration and other agencies, the impact of competitive products, product development, commercialization and technological difficulties, and other risks detailed in the Company's periodic reports filed with the Securities and Exchange Commission.
No forward-looking statement is a guarantee of future results or events, and one should avoid placing undue reliance on such statements.
SOURCE: Paracelsian, Inc.
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