Navigation Links
Fountain Healthy Aging Inc Business Update For Shareholders

LAS ANGELES, December 2 /PRNewswire-FirstCall/ -- Fountain Healthy Aging Inc. (OTCBB: FHAI) announced today that it would initiate a programme of regular updates to shareholders, keeping them informed of the significant progress which Fountain is making in the fulfilment of its business plan, as well as to provide shareholders with regular updates on the progress of proceedings against Dunn Capital Partners and others.

Fountain reports that it continues to work closely with Natural Planet in integrating their businesses and products. Formal closing of the acquisition of Natural Planet has been postponed pending the fulfilment of the final condition to closing, namely the finalization of audited financial statements for Natural Planet. These statements are in preparation and are expected to be completed shortly. The acquisition of Natural Planet is being structured as an all share deal and no cash consideration will be paid.

Fountain already has an exclusive worldwide license to distribute the nine Natural Planet's products that have been specifically targeted at the anti-aging market. Eight are currently being marketed under the Natural Planet brand, but are in the process of being rebranded as Fountain products. The ninth, Vitalife, has already been rebranded. All of the products to which Fountain already has an exclusive right can be viewed at the web page The balance of the Natural Planet products, comprising over 50 additional products, will become available for Fountain to market after closing of the acquisition, and some of these products will be rebranded as Fountain products. These products can be viewed at the web page

Fountain announces that it has recently entered into a preliminary agreement with a distributor of its products in Japan. The Japanese distributor is in the process of submitting the required application for the approval of Fountain's anti-aging products in Japan, after which full scale distribution would commence immediately. In addition, Fountain announced that it is in active discussions with a number of distributors in the US as well as with 2 of Natural Planet's existing distributors in the Far East outside Japan, Dokudami Asia Co Ltd, and the Singapore based Wellness Travel Company. Fountain anticipates that it will be in a position to conclude some or all of these distribution contracts in time for distribution to commence in the first quarter of 2010.

Fountain CEO, Paul Hunston, commented that he was "delighted with the progress which had been made over the past few weeks in progressing Fountain's ambitious business plans, which is a credit to the Fountain and Natural Planet management teams. We remain on course to achieve our targets, and I am looking forward to building a solid growing company with substantial revenues through the course of the coming year".

About Fountain Healthy Aging

Fountain Healthy Aging is a company specifically focussed in the anti aging industry, which is one of the quickest growing industry sectors worldwide. We have a range of products targeted at the anti aging market, including our revolutionary flagship product Vitalife, which

we believe is ready to make a massive impact in the anti-aging industry. We recognize the importance of the anti-aging sector, an emerging dynamic within the overall health and wellness revolution. We believe that we are uniquely positioned to capitalize on this rapidly growing trend first with our unique flagship product, rapidly followed into the market by our other products which have been specifically developed for this market. Fountain Healthy Aging's main focus is on the specialty, premium product category, which is a growing segment of the market that provides gross margins significantly higher that the lower-priced, mainstream health products market.

The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.

SOURCE Fountain Healthy Aging Inc

SOURCE Fountain Healthy Aging Inc
Copyright©2009 PR Newswire.
All rights reserved

Related medicine technology :

1. Sucrets(R) ICE and Twentieth Century Fox Home Entertainment Challenge Kids to Keep the Environment Healthy this Cold Season
2. IncentOne Introduces Next Generation of Healthy Choice Award(TM) Incentive Solution to Drive Consumer and Provider Engagement
3. Healthy Bones Program Reduces Hip Fractures by 37 Percent, Kaiser Permanente Study Finds
4. Anadys Pharmaceuticals Announces Single Dose Safety and Pharmacokinetics Results for ANA598 in Healthy Volunteers
5. Anadys Pharmaceuticals Announces Successful Outcome of ANA598 Healthy Volunteer Study and Finalization of Study Design for Phase Ib Trial in HCV Patients
6. New Research Provides Evidence that Tea May Improve Attention and Focus, Keep Brain Cells Healthy, & Influence Genetics in Cancer
7. Heart Patients More Likely to Adopt Healthy Habits in 3-Year Program Led by Cardiac Rehabilitation Experts, Mayo Clinic Research Shows
8. Discovering How Video Games Can Motivate Healthy Behaviors: More than $2 Million Awarded to 12 Research Teams Across U.S.
9. Go Healthy Initiates Additional Clinical Tests on Cholesterade
10. Folate in Strawberries May Contribute to Healthy Pregnancy
11. Concentra Medical Centers Gears Up for Flu Season to Keep Area Workforce Healthy
Post Your Comments:
(Date:11/30/2015)... BOSTON , November 30, 2015 ... new medicines directed at up to 10 G protein-coupled ... PFE ) to research and develop potential new ... (GPCR) targets across multiple therapeutic areas. --> ... and development company and wholly-owned subsidiary of Sosei Group ...
(Date:11/29/2015)... Nov. 29, 2015  Strengthening its leadership in connected ... PHIA) today announced IntelliSpace Portal 8.0 , the ... visualization platform that helps radiologists detect, diagnose and follow-up ... Radiological Society of North America Annual Meeting (RSNA) ... 8.0 helps address the changing demands in radiology that ...
(Date:11/29/2015)...  National Decision Support Company (NDSC) continues to ... notable statewide implementations. As a result, ordering providers ... more than 1 million times per month—all from ... provides real-time feedback on the most appropriate imaging ... implemented at over 100 healthcare systems nationally, representing ...
Breaking Medicine Technology:
(Date:11/30/2015)... ... 30, 2015 , ... TransPack Volume 6 features 30 customizable transitions created exclusively ... transitions to wipes with blur & drop shadow options. Utilize the controls in ... one clip to the next with TransPack's easily customizable styles. , TransPack ...
(Date:11/30/2015)... ... 30, 2015 , ... Workstation solutions provider , HealthPostures, ... dealers located throughout the United States, is OneStop Ergonomics. The addition allows HealthPostures ... and government workers and organizational leaders that are introduced to innovative methods that ...
(Date:11/29/2015)... ... November 30, 2015 , ... Gift ideas for the natural ... All products are available on Amazon or its webstore. , "We love the ... USDA Certified Organic Sesame Oil for Oil Pulling," says Kathy Heshelow, founder of ...
(Date:11/29/2015)... Angeles, Ca (PRWEB) , ... November 29, 2015 , ... ... the American Board of Ophthalmology on November 25th 2015. Peer Certification by ... the field of his specialty. Certification in Ophthalmology is first obtained after the completion ...
(Date:11/29/2015)... ... 2015 , ... Key Housing, a top-rated corporate housing service for the San ... community: Epic. In showcasing this featured apartment community in San Jose, Key Housing is ... to efficiently find housing suitable to their needs by showcasing quality housing. , “San ...
Breaking Medicine News(10 mins):