Navigation Links
Human Pheromone Sciences, Inc. - Shareholder Update
Date:10/27/2008

SAN JOSE, Calif., Oct. 27 /PRNewswire-FirstCall/ -- HPSI (OTC Bulletin Board: EROX) releases letter to its shareholders

Dear Shareholders,

In light of events that have shaken the investment community around the

world over the past several weeks, I want to take this opportunity to

update you as to what is happening in your Company at the present time.

Excluding technology advancements, an update of which will be provided

very shortly in another release, the objectives and strategies for the

Company for this year and 2009 are as follows:

-- The Company is continuing to work closely with our current licensees as

they undertake programs to introduce consumer products containing our

patented compounds.

During this year we have continued to be closely involved with the J&J

Personal Products Group as they continue product development efforts

under our License Agreement. This project is ongoing and viable.

In mid 2007, we entered into an agreement with Schwarzkopf and Henkel,

for the inclusion of our patented technology in several of their got2b

brand products sold in the United States. During this year, the

Agreement has been expanded geographically to include Henkel's European

businesses and an additional product line has been included in the

Agreement.

We continue, this year, to work with other U.S. and international

companies including Avon Products, who continue to utilize our

pheromone compounds. In addition, we continue to look

internationally, and continue to enter into agreements with companies

doing business in Mexico and Japan.

In addition, we are in discussions with several other companies in the

United States and overseas, in efforts to open new markets for our

current technology with local companies, with their own infrastructures

here in this country and in foreign markets.

Not only has our Company benefited financially from our agreements with

these world-class companies, our association with them has confirmed

the viability of our technology, an imperative for a small

technology-based business to generate interest of others in the longer

term.

-- While our historical business model has been validated by these

relationships, we are still dependent upon the internal timetable of

these licensees for the generation of revenues for our Company.

However, there are other viable and fast growing channels in which

consumer products are sold, including electronic media, and

direct-to-consumer companies, that may provide a more consistent flow

of revenues to our Company. During this year, your management has been

working to introduce our technology to several companies who are in

leaders in these fields. We hope to be able to provide more specifics

about these efforts shortly.

-- Technology - our heritage, our future; another focus of our Company.

During 2008, we have spent significant amounts of time, but not a lot

of money, in the development of new compounds. You will be hearing

more about the positive results of these efforts in the next two weeks.

-- Merger and Acquisition Opportunities. We feel strongly that our

current technology and new research and development initiatives can

continue to attract world-class partners. We have also undertaken a

program to seek mergers and/or other types of partnerships that can

enhance shareholder value - our ultimate goal.

Unlike many companies whose share price has dropped radically this year,

who have no historic operations, an un-tested business plan and tens of

millions of shares outstanding, our Company has existing relationships and

agreements with worldwide leaders in the consumer products industry, is in

discussions with other international companies for the use of our

technology, looking to expand our relationships to provide a more

consistent stream of revenues, and has a pipeline of additional compounds

that can offer patented differentiation. And, importantly, our cash

assets exceed our current market valuation, and we have no

interest-bearing debt.

Thank you for interest and support. Please do not hesitate to contact me

directly if you have any questions.

Sincerely,

William P. Horgan

Chairman and CEO

408-938-3030


'/>"/>
SOURCE Human Pheromone Sciences, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related biology technology :

1. The human brain minimizes energy expenditure and integrates gravity in to the action plan
2. EntreMeds ENMD-2076 Demonstrates Tumor Regression in Human Colon Cancer Model
3. Humanitarian Offers $75 Million for Single Dose Sterilization of Cats and Dogs
4. Pioneer(R) Surgical Technology Announces First Human Implants of New nanOss(TM)-Cervical Fusion Device
5. Complete Genomics Launches, Becomes Worlds First Large-Scale Human Genome Sequencing Company
6. Human Genome Sciences Invites Investors to Listen to Webcast of Presentation at JMP Securities Conference
7. Isis Announces Award of Up to $8.4 Million in New Government Grants and Contracts to Its Ibis Biosciences Subsidiary for Pathogen Detection and Human Forensics
8. Pigs bred with cystic fibrosis provide model to mimic human disease
9. Histogen Launches BioNuesis, the Only All-Human Stem Cell Culturing Kit
10. Human Genome Sciences Invites Investors to Listen to Webcast of Presentation at UBS Conference
11. China Biologic Receives SFDA Approval for Clinical Trial of Human Coagulation Factor VIII
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/12/2017)... Iowa (PRWEB) , ... October 12, 2017 , ... ... based in Vilnius, Lithuania, announced today that they have entered into a multiyear ... is to provide CRISPR researchers with additional tools for gene editing across all ...
(Date:10/11/2017)... ... 11, 2017 , ... At its national board meeting in ... Sheikh, the co-founder, CEO and chief research scientist of Minnesota-based Advanced Space Technology ... in ARCS Alumni Hall of Fame . ASTER Labs is a technology ...
(Date:10/11/2017)... BioMarketing, a leading provider of patient support solutions, has announced ... network, which will launch this week. The VMS CNEs will ... to enhance the patient care experience by delivering peer-to-peer education ... professionals to help women who have been diagnosed and are ... ...
(Date:10/10/2017)... ... 10, 2017 , ... San Diego-based team building and cooking events company, Lajollacooks4u, ... The bold new look is part of a transformation to increase awareness, appeal ... growth period. , It will also expand its service offering from its signature gourmet ...
Breaking Biology Technology:
(Date:5/16/2017)... DALLAS , May 16, 2017   ... for health organizations, and MD EMR Systems ... certified development partner for GE, have established a ... Patient Portal product and the GE Centricityâ„¢ products, ... Centricity EMR. These new integrations ...
(Date:4/18/2017)... 2017  Socionext Inc., a global expert in SoC-based imaging and ... the M820, which features the company,s hybrid codec technology. A demonstration ... Probe, Inc., will be showcased during the upcoming Medtec Japan at ... the Las Vegas Convention Center April 24-27. ... Click here for an ...
(Date:4/11/2017)... 11, 2017 Crossmatch®, a globally-recognized leader ... today announced that it has been awarded a ... Activity (IARPA) to develop next-generation Presentation Attack Detection ... "Innovation has been a driving force within Crossmatch ... allow us to innovate and develop new technologies ...
Breaking Biology News(10 mins):