BEST OF BFN NEWSLETTER
bizfn.com
May 6, 1999
A Business Financial Network Publication
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BFN would like to bring to your attention two new press releases from
Scottsdale Scientific (STDS) and GBid.com (GBDI). Both of these press
releases are significant, and we hope you will take the time to read them
below and follow up with your own due diligence.
Best of luck in the markets.
BFN Staff
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TABLE OF CONTENTS
1) Scottsdale (STDS)
2) GBid.com (GBDI)
3) Disclaimer - Please Read
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1) Scottsdale
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Scottsdale Scientific, Inc.
7332 East Butherus Drive - Suite 101
Scottsdale, Arizona 85260
Phone (888) 607-5399 or (602) 948-7444
e-Mail: stds@primenet.com
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COMPANY PRESS RELEASE
Scottsdale Scientific Receives Approval From Bindley Western Industries to
Service Their Customer Base
SCOTTSDALE, ARIZ. (May 5) BW HEALTHWIRE -May 5, 1999--
Bindley Western Industries (NYSE: BDY) Services Over 12,000
Pharmacies and Operates 15 Distribution Centers Across the U.S.
Scottsdale Scientific, Inc. (Symbol: STDS), through its wholly owned
subsidiary NutriCology, Inc., announced today that it has received
approval from Bindley Western Industries, Inc. (NYSE: BDY) to service
their customers on a drop ship basis.
This will enable Scottsdale Scientific to solicit orders from over
12,000 pharmacies serviced by Bindley Western (NYSE: BDY), whose
headquarters are in Indianapolis, Indiana. "This is the first step in
what promises to become a major market for the Company," states
Marianne Sum, President and CEO of Scottsdale Scientific. Ms. Sum
further states, "Our penetration into the pharmacy market has just
begun. Conservative estimates suggest sales through the Bindley Western
(Symbol: BDY) customer base should exceed $1.5 Million by year end. This
would represent a 300% increase in sales in the pharmacy market."
Clinton Abbott has been appointed to head up the new division. Clinton
brings to the Company 20 years of wholesale pharmaceutical experience.
His role will be to develop this emerging market. The marketing efforts
will be backed by an extensive marketing plan directed towards the
pharmacist. Pharmacists are among the most trusted professionals in the
U.S. today. Through educating the pharmacist and their staff to the
benefits of nutritional supplementation, Scottsdale Scientific feels
they can also build the same trust with the pharmacist as the Company
enjoys among physicians. This will lead to the pharmacist recommending
the products of Scottsdale Scientific over those of its competitors.
In 1997, over-the-counter sales in the pharmacy market topped
$25Billion. While overall sales exceed $112Billion. As the public's
awareness increases in the direction of proper nutritional
supplementation, the pharmacy market is shifting towards alternative
healthcare. This category of healthcare has been included in the
plan-o-grams of most pharmacy wholesalers. This change from the health
food store to the pharmacy marks the acceptance of alternative
healthcare to the mainstream and will spark significant growth in the
nutraceutical industry as a whole. Scottsdale Scientific sees the
difference between its products and those currently offered in the
pharmacy market as an issue of quality and purity. As a leader among
the providers of alternative healthcare for the past 20 years,
Scottsdale Scientific feels its name recognition will also play a large
role in the success of the pharmacy division.
Scottsdale Scientific, Inc., through its wholly owned subsidiary,
NutriCology, Inc. is an innovative leader in nutraceutical research and
product formulation. Since 1979, the Company is noted for quality,
hypoallergenic nutritional supplements and supplies products to
approximately 6,000 physicians and health care practitioners
world-wide. Allergy Research Group was the first in the U.S. to
introduce numerous specialty products including melatonin, a
neurohormone, germanium sesquioxide (a trace mineral), AntiOx(tm), a
broad-spectrum antioxidant, Buffered Vitamin C and the Total Nutrient
Concept. (Includes all in one, proprietary formulas, Total Immune(tm),
Total Nerve(tm) and Total Heart(tm)) For additional information, visit
our web site at www.nutricology.com
Disclaimer: This news release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance and
underlying assumptions and other statements, which are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulation, and other risks defined in this document and in statements
filed from time to time with the Securities and Exchange Commission.
All such forward-looking statements, whether written or oral, and
whether made by or on behalf of the Company are expressly qualified by
these cautionary statements and any other cautionary statements which
may accompany the forward-looking statements. In addition, the Company
disclaims any obligation to update any forward-looking statements to
reflect events or circumstances after the date hereof.
CONTACT: Scottsdale Scientific
Wendy Miller-Appleyard
(888) 607-5399 or (602) 948-7444
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