Enerbrite Technologies Group Inc. Completes Acquisition of SBSI Nutraceuticals Inc.
HOLBROOK, N.Y., Aug. 28, 2012 /PRNewswire/ — Enerbrite Technologies Group Inc., (Pinksheets: ETGG) today announced it has completed the acquisition of SBSI Nutraceuticals Inc. (SBSI). Enerbrite will manufacture and distribute SBSI’s full line of products have been formulated, tested and ready to go into production.
SBSI Nutraceuticals is dedicated to the production, distribution and marketing of unique, quality and great tasting functional drinks, energy drinks, wellness beverages, RTD iced tea’s and vitamin enhanced kids drinks. The company also develops vitamin and supplement lines for the sports, fitness and health industry as well as supplements designed to support a healthy liver and naturally lower bad cholesterol levels.
“This is a major step in the growth and development of our company,” said Peter Scalise III, Enerbrite president and CEO. “We’re confident that with our marketing expertise and SBSI’s diverse portfolio of products we can hit the ground running and meet our aggressive growth projections over the next few quarters. Our shareholders can expect a flurry of announcements in the coming months.”
SBSI is also a full service brand development company with an in house formulator, graphics department and engineering department.
“I am also delighted to have Pete Maletto serve as our Director of Product Development,” added Scalise. “He is clearly one of the top product developers in the food and beverage industry serving North America and International clientele including a number of multi-national Fortune 500 companies.”
To learn more about SBSI visit www.sbsinutra.com.
About Enerbrite Technologies Group Inc.
Located in Holbrook, New York Enerbrite Technologies Group Inc. is a full service brand development company specializing in beverage, supplement and healthy lifestyle products. Enerbrite Technologies Group Inc. has internationally recognized formulators, in house graphics department, in house web design team, and full support staff for marketing and distribution chain development.
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This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts, including, without limitation, statements that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development, may be seemed to be forward-looking statements. Words such as “expects”, “intends”, “plans”, “may”, “could”, “should”, “anticipates”, “likely”, “believes” and words of similar import also identify forward-looking statements. These statements are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of the release. Except as may be required under applicable law, we assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
Peter Scalise III
Enerbrite Technologies Group Inc.
SOURCE Enerbrite Technologies Group Inc.