GENELINK INC. (GNLK) SELECTED AS "STOCK PICK OF THE MONTH" BY ANALYST
LAWRENCE OAKLEY - CONSERVATIVE SPECULATOR
October 9, 2001
MARGATE, NJ - (Business Wire) - October 9, 2001 - GeneLink BioSciences, Inc. announced
today that it has recently been selected as stock pick of the month by
financial analyst Lawrence Oakley and is designated as "SITUATION OF THE
MONTH" in the October 2001 Issue of Conservative Speculator. An excerpt
of Oakley's report may be viewed on GeneLink's web site: www.genelink.info.
The entire Conservative Speculator report can be found on the web site:wallstreetcorner.com
Please us the password 2001, and then click on October, 2001 Issue, which
is displayed under the Conservative Speculator logo.
Oakley reports, "The GeneLink DNA Collection Kit' now offers the
public a safe, easy, non-invasive method of collecting one's DNA
and storing it confidentially at the Company's DNA Bank located in
Fort Worth at the University of North Texas Health Science Center.
The GeneLink system provides a simple, secure and cost-effective
way to preserve an individual's or family's genetic history."
"For the first time, simply by swabbing the inside of one's mouth
and sending the collected sample to GNLK's laboratories, a person
can have a skin or personal care formulation specifically designed
to compensate for associated deficiencies."
"GNLK is currently negotiating marketing agreements with some of
the world's largest distributors of nutritional, skin-care, personal
care, wellness, and anti-aging products. Revenues from the genetic
profiling systems and ongoing royalties from product sales are expected
to begin in Q1 2002."
"On 9/19/2001, GNLK and Arch Personal Care Products L.P. of South
Plainfield, NJ, a unit of Arch Chemicals, Inc. (NYSE/ARJ) announced
they have entered into a collaborative agreement to create an innovative
category of products for the personal care and cosmetics industry."
"I see GNLK's association with Arch as the first of many. I suspect
the next one will be with a large nutritional supplement corporation.
I think the strategy is brilliant. GNLK can take advantage of the
huge sales forces of large companies. GNLK will get a small portion
of the selling price of the products sold as a result of its technology
being used. The revenue potential to GNLK could be staggering. I
suggest you seriously look into this one. It's greatly undervalued
in my opinion."
And finally, "I recommend GNLK for both midterm and long-term appreciation."
About GeneLink, Inc: GNLK is positioned
to become a leading provider of genetic profiling technologies. It
has developed a proprietary method for "genetic profiling" (patents
pending) and will begin licensing this breakthrough technology to
companies that market or manufacture products for the $100 billion
plus nutraceutical, skin care, wellness and weight-loss industries.
GNLK has recently received U.S patent number 6, 291,171 for its non-invasive
DNA Collection Kit® 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.
Forward-Looking Statements: This news
release contains certain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
which provides a new "safe harbor" for these types of statements.
SOURCE: GeneLink BioSciences, Inc.
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