GENELINK
GETS HIGHLY FAVORABLE REPORT!
November 1, 2001
Margate, NJ-(BUSINESS WIRE)-November 1, 2001 GeneLink BioSciences, Inc. (OTC:BB) The
World's First Family Centered DNA Bank and Hereditary Genetic Information
Service, announced today that Larry Oakley has recently published a highly
favorable report on his Small-CapTrader.com web site. Mr. Oakley has been
following the Company for well over a year and recently published several
lengthy articles on the Company and its technology after talking with the
Chairman and CEO, John R. DePhillipo.
Mr. Oakley is quoted, "The appreciation potential here is exceptional."
Oakley comments "A news release this morning [October
30,2001] announced that GNLK filed a patent application for a proprietary
genetic test that predicts an individual's susceptibility to conditions
that lead to accelerated skin aging & connective tissue breakdown.
In this application, GNLK's oxidative stress profile not only measures
an individual's inherent ability to defend against oxidative stress,
it also examines a variant of this gene in which oxidative stress
can greatly increase susceptibility to connective tissue breakdown & premature
skin aging.
"Consumers can be easily tested for GNLK's genetic variation by
utilizing its patented simple non-invasive home kit & mailing
it to one of their labs for evaluation. Based on GNLK's proprietary
genetic test, specifically formulated skin care products that block
oxidative stress can be used to reduce expression of this variant
gene & retard skin aging.
"The key here is that GNLK is collaborating with a major skin care
formulator & raw ingredient supplier to produce products that
alleviate oxidative stress & other age related deficiencies in
the skin. On 9/19/2001, Arch Chemicals' (NYSE:ARJ) Personal Care
Products Unit & GeneLink entered into a strategic partnership
to develop such products based on a consumer's genetic makeup."
Oakley concludes his article, "I see this association as the first
of many. I suspect the next one will be with a large nutritional
supplement corporation. The strategy is brilliant. GNLK can take
advantage of the huge sales forces of its large partner corporations.
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."
About GeneLink, Inc: GNLK is positioned
to become a leading provider of genetic profiling technologies. It
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 an FDA reviewed
and patented non-invasive DNA Collection Kit®. Its DNA bank is
located at the University of North Texas Health Science Center at
Fort Worth, a 105year 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. |