(PR Wires) PRW: Nova Pharmaceutical Inc. Signs Deal with Gold's Gym Int
PRW: Nova Pharmaceutical Inc. Signs Deal with Gold's Gym International for
Exclusive Nutrition Manufacturing
LAKE ELSINORE, Calif., Feb. 17 /PRNewswire/ -- Nova Pharmaceutical Inc. (OTC
Bulletin Board: NOVX) announced today that is has signed a three-year
renewable agreement with Gold's Gym International, Inc., the licensing
division of Gold's Gym Enterprises, Inc., for exclusive manufacturing and
marketing of Gold's Gym nutritional and sports supplement products.
Gold's Gym, founded in 1965, has become the most recognized name in the
fitness industry. Its historic Venice Beach gym has hosted such
professional athletes as Arnold Schwarzenegger, Lou Ferrigno and Mark
McGuire. There are more than 500 Gold's Gym locations worldwide, with a
total of more than 2 million members. Gold's Gym has supported its brand
name for years with signature accessories such as T-shirts, gym bags,
jackets and other items which display the Gold's Gym logo. Nova
Pharmaceutical launched 23 products under the Gold's Gym trademark, at the
Gold's Gym Expo held annually in Las Vegas. The product line ranges from
specialized sports nutrition supplements to general health products.
Product information and details are available at www.goldsgymnutrition.com.
In addition to the 500 Gold's Gym locations, Nova Pharmaceutical will
distribute the new product line through drug, food and mass merchandise
stores. Nova Pharmaceutical products currently are sold in more than 11,000
locations nationwide under the company's own brand.
About Nova Pharmaceutical Inc.
Nova Pharmaceutical Inc. is a publicly traded company on the OTC Bulletin
Board (ticker symbol: NOVX). The Company's patented weight loss product,
NxTrim, achieved first year sales of $2,000,000, and held the number one
ranking in diet aid sales in the California Drug market according to data
provided by Information Resources Inc.
Nova Pharmaceutical Inc. is the sole manufacturer, distributor, and marketer
of Gold's Gym Nutrition supplements. The Company has twenty-three products
under the Gold's Gym trademark.
More information about the products and services of Nova Pharmaceutical Inc.
are available at the Company's web site www.novanx.com. The Company also
hosts an informational web site for the Gold's Gym line of products at
www.goldsgymnutrition.com.
Certain statements in this release are "forward looking" statements as such
term is defined in the Private Securities Litigation Reform Act of 1995.
Because such statements are subject to risks and uncertainties, actual
results may differ materially from those expressed or implied by such
forward-looking statements.
/CONTACT: Ralph Mann, CEO & President, or Jim Ayres, Vice President,
jim@novanx.com, both of Nova Pharmaceutical Inc., 888-495-6682; or Joe
Stapley of Travis Morgan Securities, 949-261-2906/
08:31 EST
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