Updated at 12:18 p.m., Thursday, January 25, 2007
Kaua'i's Maile Inc. signs deal on new product line
News Release
Bioponic Phytoceuticals Announces $500,000 Exclusive Production and Sales Agreement with Malie, Inc.
KULA, MAUI, Hawaii, Jan. 25 /PRNewswire-FirstCall/ -- Bioponic Phytoceuticals, Inc. ("Bioponic" or "the Company") (OTC PK: BPYT) today announced that an agreement has been signed with Malie, Inc. of Kauai, Hawaii for the exclusive production of Malie's new Facial Tonic product line using Bioponic's proprietary ingredients and formulations. The Company anticipates that the contract will develop into a long-term, multi-million dollar opportunity for its specialized distillation/extraction production
capabilities.
The line, currently in production, includes four facial tonics: Rescue (formulated with extractions of Hawaiian grown herbs including -- Lilikoi and Lemon Grass); Renew (Ginger and Lime); Purify (Guava and Pineapple); and
Beautify (Jasmine and Rose). These products, now being introduced to the Health and Beauty Aid, and spa markets have been featured at the International SPA Association show at Las Vegas, Nevada.
"This is a solid production contract that, over time, will add substantial revenue and profit to our bottom line. We anticipate the contract is worth $500,000 in the next 12 to 18 months. The Malie contract plays to the strengths of both companies, our proprietary technology and formulation
expertise and their packaging and marketing savvy," said Steven M. Schorr, Chairman & CEO - Bioponic Phytoceuticals, Inc.
Malie, Inc. is a Kauai, Hawaii company focused in the development and distribution of natural fragrance and personal care products sold into the retail perfume, spa and boutique bodycare markets, including distribution at
notable stores such as Nordstrom's and throughout Europe.
http://www.maliekauai.com
Bioponic Phytoceuticals is engaged in the development, production and distribution of Bioresonant Phytotherapeutic(TM) products (a new healing modality) for sale in the Complementary Alternative Medicine ("CAM") and
natural products markets. Additionally, the Company produces nutraceutical products for the flavor and fragrance industries. The Company has developed several branded product lines in distribution (including the nationally
recognized natural nasal spray: Flight Spray). Bioponic is focused on the production of natural products that are used to promote health and well-being. http://www.bioponic.com Contact: Steven M. Schorr/ CEO, Bioponic Phytoceuticals, info@bioponic.com, ph: 808-876-1711
All statements other than statements of historical fact included in this press release are "forward-looking statements" within the meaning of federal securities laws. Such forward-looking statements are subject to a number of
risks and uncertainties, some of which are beyond the Company's control that could cause actual results or events to differ materially from current expectations.
SOURCE Bioponic Phytoceuticals, Inc.
CONTACT:
Steven M. Schorr, CEO of Bioponic Phytoceuticals, info@bioponic.com,
+1-808-876
1711
-0- Jan/25/2007 13:49 GMT