GENELINK SIGNS AGREEMENT WITH ENZYMATIC THERAPY
August 19, 2003
MARGATE, NJ – (Business Wire) – August 19, 2003 – GeneLink BioSciences, Inc. (OTCBB:GNLK) announced it signed a distribution agreement with Enzymatic
Therapy, Inc.
Enzymatic Therapy’s medical practitioner division, Integrative
Therapeutics Inc., is the leading supplier of clinically validated
nutritional supplements to doctors and health care professionals in the
United States.
Integrative Therapeutics will market GeneLink’s patented DNA Collection
Kit® and Nutragenetic Profile Assessments™ to its medical practitioner
customers.
”These offerings underscore our commitment to deliver the highest-quality
and most effective products to health care practitioners,” says Enzymatic
Therapy President and CEO Randy J. Rose. “GeneLink genetic assessments
allow our customers to expand their services and to better help patients
make important health decisions.”
“We are very pleased to partner with Enzymatic Therapy to begin
offering the benefits of our genetic profiling technologies to their loyal
base of health care professionals,” says John R. DePhillipo, Chairman/CEO
of GeneLink. “This is an ideal marketing relationship for each of
our companies and we look forward to the possibility of other associations
within the portfolio companies. GeneLink anticipates revenues from this
Agreement by the 4th Quarter of this year.”
About Enzymatic Therapy:
Headquartered in Green Bay, Wis., Enzymatic Therapy manufactures more than
200 natural medicines, nutritional supplements, vitamins, and herbal extracts
distributed exclusively via independent health food stores nationwide. The
company’s Integrative Therapeutics Inc. division focuses on the research,
development and distribution of clinically-validated nutritional supplements
for doctors and health care practitioners. Recognized brands include: Vitaline,
Tyler Encapsulations, NF Formulas, PhytoPharmica and the newly-introduced Learner's
Edge. (see: www.enzy.com; www.integrativeinc.com)
Enzymatic Therapy and Integrative Therapeutics are part of a portfolio
of companies managed by North Castle Partners, LLC., the nation’s
leading private equity firm focused exclusively on the Healthy Living & Aging
marketplace. (see: www.northcastlepartners.com)
About GeneLink:
GeneLink BioSciences, Inc., a pioneer DNA banking and hereditary genetic information service
has developed proprietary genetic assessments (patents pending) and is licensing
its Nutragenetic and Dermagenetic Profile Assessments™ to manufacturers
and distributors in the $100 Billion+ nutritional supplement and skin care
industries.
This press release contains certain forward-looking statements within
the meaning of section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. With the exception of historical
information contained herein, the matters discussed in the press release
involve risk and uncertainties. Actual results could differ materially
from those expressed in any forward-looking statement. GNLK disclaims any
intention or obligation to revise any forward-looking statements, whether
as a result of new information, future developments or otherwise.
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