Newport Beach, CA (PRWEB) September 03, 2013
Vestiage Inc., (Symbol "VEST") announced today that it has completed the acquisition of RegiMEN™ Investments LLC, the owner of the RegiMEN™ supplement brand of anti-aging products for the active male over 40. The RegiMEN brand is sold online and through select retailers such as GNC, Complete Nutrition and Smoothie King stores. Vestiage had previously announced its agreement to make the acquisition on July 8, 2013.
Scott Kimball, CEO of Vestiage stated, "RegiMEN™ was interesting to us for several reasons. First, we liked the physician led scientific formulations from Dr. Robert Burke. Second, we see the opportunity to expand the existing relationships with key retailers GNC, Complete Nutrition, and Smoothie King. Third, we have the ability to couple the brand with Monterey Bay Nutraceuticals which is our brand of supplements for women over 40. Fourth, we gain a great executive in the founder of RegiMEN™ whom is now joining Vestiage as the President of the Vestiage Nutraceuticals Division. He is an experienced executive with a ton of positive energy. We look forward to having him grow RegiMEN, Monterey Bay, and in the future, lead the launch our third brand - a new brand - which is already under contract and will begin R&D later this year."
The RegiMEN™ brand of supplements contains 8 products: Testosterone Support, Anti-Inflammatory and Anti-Oxidant Support, Growth Hormone Support, Prostate Support, Heart Health Support, Vision Support, Vitamin and Mineral, and DHEA Support. Individual products can be used to target condition specific issues, or the system can be used as a complete male anti-aging solution. The "RegiMEN™ Essential Stack" includes the Testosterone Support, Anti-Inflammatory and Anti-Oxidant Support, and Growth Hormone Support products and the Company intends to market the RegiMEN Stack before the end of the year through direct response and online media.
"Over the next several months we plan on launching the RegiMEN™ Stack and announcing several new retailers for RegiMEN™ and Monterey Bay as well", stated Kimball. "The two brands are so complimentary from a retailers point of view. If you're a woman, and you're in the store buying the Monterey Bay female supplements for yourself, it just makes sense for you to buy the RegiMEN™ brand for your man at the same time. Both target the over 40 premium anti-aging consumer and address the most important issues of that consumer."
Vestiage (stock symbol "VEST") is a publicly traded anti-aging lifestyle company offering premium branded, science-based cosmeceuticals and nutraceuticals. Vestiage is focused on the mission of extending the quality of and active life using human stem cell, marine/ocean, and cutting edge botanically based science and patented botanical ingredients to produce pure, highly potent and effective products. Vestiage creates and distributes cosmeceuticals such as Reluma (http://www.RelumaSkinCare.com) and multifunctional nutraceuticals through Monterey Bay Nutraceuticals (http://www.MontereyBayNutra.com) and RegiMEN™. Vestiage brands address the top “in demand” anti-aging consumer concerns. Vestiage research is focused on extending the quality of an active life and human performance science that covers both the cognitive and physical realms. As clinical results validate scientific discoveries, Vestiage intends to apply new potential ingredients or ingredient formulations and combinations to its anti-aging products across its brands. To learn more, visit the Company website, http://www.VestiageInc.com.
This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to our financial condition, results of operations and business. These forwardlooking statements can be identified by the use of terms such as "believe," "expects," "plan," "intend," "may," "will," "should," "can," or "anticipates," or the negative thereof, or variations thereon, or comparable terminology, or by discussions of strategy. These statements involve known and unknown risks, uncertainties and other factors that may cause industry trends or our actual results to be materially different from any future results expressed or implied by these statements. Important factors that may cause our results to differ from these forward-looking statements include, but are not limited to: (i) changes in or new government regulations or increased enforcement of the same, (ii) unavailability of desirable acquisitions or inability to complete them, (iii) increased costs, including from increased raw material or energy prices, (iv) changes in general worldwide economic or political conditions, (v) adverse publicity or negative consumer perception regarding nutritional supplements, anti-aging or stem cell facial care products or stem cell technology in general, (vi) issues with obtaining raw materials of adequate quality or quantity, (vii) litigation and claims, including product liability, intellectual property and other types, (viii) disruptions from or following acquisitions including the loss of customers, (ix) increased competition, (x) slow or negative growth in the anti-aging or cosmetics, beauty, or nutritional supplement industry or the healthy foods or anti-aging channel, (xi) the loss of key personnel or the inability to manage our operations efficiently, (xii) problems with information management systems, manufacturing efficiencies and operations, (xiii) insurance coverage issues, (xiv) the volatility of the stock market generally and of our stock specifically, (xv) increases in the cost of borrowings or unavailability of additional debt or equity capital, or both, or fluctuations in foreign currencies, and (xvi) interruption of business or negative impact on sales and earnings due to acts of God, acts of war, terrorism, bio-terrorism, civil unrest and other factors outside of our control. Copies of our reports are available upon request from our investor relations department or may be obtained at http://OTCMarkets.com.