Advanced Plant Pharmaceuticals, Inc. Receives Second Purchase Order for Lo-Chol From NutraLife Pharmaceuticals, Corp.
NEW YORK--(BUSINESS WIRE)--Aug. 12, 2003--
Orders Part of $2 Million Contractual Purchase Commitment By July 2004
Radio Commercial Campaign Launched
Advanced Plant Pharmaceuticals, Inc. (APPI), a company that utilizes whole plants through a proprietary (patent pending) manufacturing process to develop all natural dietary supplements, has received a second order Lo-Chol, the company's cholesterol-lowering supplement, from NutraLife Pharmaceuticals Corp., as agreed by Tele-V, LLC, in accordance with a previously announced marketing agreement.
According to the terms of the marketing agreement,Tele-V,LLC will purchase a minimum of $2 million over the next twelve months of Lo-Chol from APPI of its patented cholesterol reducing dietary supplement, Lo-Chol, for resale. This purchase commitment represents a 90 fold increase in APPI's reported 2002 revenues from all products.
In exchange for this exclusive right to market Lo-Chol , NutraLife has agreed to bear all costs associated with the marketing, designs, and distribution etc. of Lo-Chol, including a commitment to purchase a minimum of $250,000 in air time for TV and radio. NutraLife has launched a Lo-Chol radio commercial campaign in the past few days. The launch of the TV infomercial campaign is planned for the end of October 2003. This $2 million purchase commitment represents a 90 fold increase in APPI's reported 2002 revenues from all products.
Advanced Plant Pharmaceuticals, Inc. (APPI) focuses on the research and development of plant-based dietary supplements. The Company has a patent pending process that utilizes whole plants to manufacture all natural dietary supplements. APPI uses this process to manufacture products, which the company plans to distribute worldwide through various sales distribution contracts or majority-owned spin-off companies. Current products include Sinusol (homeopathic allergy and nasal spray, Garlic, ACA (immune system booster) and the patented Lo-Chol. Corporate website: www.appi.cc
NutraLife Pharmaceuticals, Corp. is a newly established direct response and marketing firm focused on the development and design of marketing programs for a range of commercial products, including production, media buying, fulfillment, direct response, telemarketing, customer service and retail integration and distribution.
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