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Neptune Technologies and Marine Life Sciences enter worldwide distribution alliance with Weider Global Nutrition
Date:9/25/2008


--First market launch for Neptune Technologies

in FUNCTIONAL FOOD market--

LAVAL, QC, Sept. 25 /PRNewswire-FirstCall/ - Neptune Technologies & Bioressources Inc. ("Neptune") (NASDAQ.NEPT - TSX.V.NTB) reported today that it entered a worldwide alliance with Marine Life Sciences who has entered into an agreement with Weider Global Nutrition for the distribution of dietary supplements and functional food products in the global nutraceutical market.

Neptune has developed in collaboration with Salt Lake City-based Marine Life Sciences functional custom-built combinations of proprietary marine ingredients, to be commercialized under the trademark APO3(TM). APO3(TM) contains Neptune Krill Oil (NKO(R)) and Alpha-3 CMP(tm), a concentrated marine algae phytoplankton, and will be commercialized as a dietary supplement and as a functional ingredient in a new functional food product line. Weider Global Nutrition, credited as the founder of the sports nutrition market and recognized through its magazines with 38 million readers worldwide, is pursuing the initial launch through the Food, Drug, Mass and Club channels. Only for the U.S., the dietary supplement market is estimated at US$22.5 billion and the functional food market at US$31.4 billion.(1)

"The launch of Neptune's first functional food product in the market constitutes a major achievement of a critical milestone in the Company's functional food research and development program. This alliance adds strategically to our recent alliances anounced during the last fiscal quarter and puts the Company ahead of schedule for its functional food market entrance," said Dr. Tina Sampalis, Chief Scientific Officer of Neptune. "It is extremely exciting to have created in collaboration with our partners the first functional food product containing in one serving all the vital nutrients of the base food chain with clinically proven ingredients at therapeutic doses,
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SOURCE NEPTUNE TECHNOLOGIES & BIORESSOURCES INC.
Copyright©2008 PR Newswire.
All rights reserved

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Related biology technology :

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3. Neptune Technologies successfully completes up to $8.5 million debt financing with Desjardins Group
4. Neptune Technologies Reports Record Fiscal 2008 Fourth Quarter and Year End Results
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10. Neptune Technologies & Bioressources Inc. obtains Complementary Medicine approval in Australia for NKO(R)
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