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GENELINK IS LARRY OAKELY'S SMALL-CAP PICK
August 20, 2002
Margate, NJ, August 20, 2002-GeneLink BioSciences, Inc. (OTCBB:GNLK) is featured in "Larry
Oakley's Small-Cap Pick" editorial column at www.Small-CapTrader.com. Oakley
has been covering small-cap companies for over 25 years in various capacities.
Oakley said, "I've been following and writing about GNLK since June, 2000.
I'm pleased to be able to report that its R&D efforts are paying off.
GNLK is progressing fast. Of greatest importance-GNLK just graduated from
an R&D firm to a revenue producing firm. It is shipping its first orders
for its' do-it-yourself DNA Collection Kits® for nutragenetic profiling
this month. One of the customers, MedQuest Pharmacy of Midvale, Utah, executed
its "Letter of Intent" on 7/8/02. It followed up with its first order on
7/25/02. MedQuest is not an ordinary pharmacy but a "compounding pharmacy" that
provides health care practitioners with state-of-the-art diagnostic services,
customized pharmaceutical and nutraceutical products. It serves a growing
international base of over 1,500 active healthcare professionals with over
20,000 patients by blending time-honored, individual formulation techniques
with modern medical knowledge and quality control."
He added: "On 8/15/2002, GNLK announced the appointment of leading
cardiovascular surgeon Robert J. Schwarzberg, M.D., F.A.C.C. as a
medical consultant. Dr. Schwarzberg, a board certified cardiologist, & a
fellow of the American College of Cardiology, has been a leader in
the telemedicine industry since 1989. He says: '...GeneLink's technology
may forever change the way consumers choose nutritional supplements & skin
care products.' This is just the latest example of the type of professionals & scientists
who are flocking to GNLK. When such big names come aboard, it's a
good indication of the value of the technology & the probable
success of the company they join."
About Small-CapTrader: Small-CapTrader is the sister site to www.WallStreetCorner.com,
which was formed three years ago as a venue for Larry Oakley's Conservative
Speculator newsletter, published since 1987. Small-CapTrader is now
regularly read by investors in 61 countries.
About GeneLink BioSciences, Inc.: GNLK is positioned to become a leading provider
of genetic profiling technologies. It developed a proprietary method
for "genetic profiling" (patents pending) & will begin licensing
this breakthrough technology to companies that market or manufacture
products for the $100 billion plus nutraceutical, skin care, wellness, & weight-loss
industries. GNLK's DNA Collection Kit® is patented and has been
reviewed by the FDA. Its DNA bank is located at the University of
North Texas Health Science Center at Fort Worth, a 105-year-old medical
facility that guarantees the DNA storage. For more information about
GeneLink, visit its website at www.genelink.info.
Forward-Looking Statements: 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 this 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.
SOURCE: GeneLink BioSciences, Inc.
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