WOODLAND HILLS, Calif., Aug. 20, 2008 (GLOBE NEWSWIRE) — HealthSport, Inc. (OTCBB:HSPO) is pleased to announce that Walgreen Co. is the first national drug store chain to carry HealthSport’s pediatric electrolyte strips. Walgreen’s, with more than 6,000 retail stores across the country, is selling the product under its own private label and providing customers with a choice between two popular flavors: Grape and Orange. The pediatric electrolyte strips, developed and manufactured by InnoZen, Inc. (a wholly owned subsidiary of HealthSport, Inc.) and distributed by Unico Holdings, Inc., will be available nationwide in the baby nutrition section of Walgreen’s drug stores before September 1, 2008.
“Unico has done an amazing job of introducing our pediatric electrolyte strips to the drug store community, as well as explaining the benefits of our technology over the competition. Walgreen’s marks the first national drug store chain to carry our pediatric electrolyte strips, and we are experiencing great success in working with Unico to procure other major national and regional clients. This product represents a landmark addition to a pediatric category that has not seen substantial innovation in decades,” stated Rob Davidson, Chairman, HealthSport, Inc.
Pediatric electrolyte strips are specifically formulated for children to quickly and safely replenish electrolytes and aid in fluid retention. The strips are a safe and effective means to replace lost electrolytes associated with symptoms of flu, diarrhea, vomiting or extreme climates. Pediatric electrolyte strips utilize a superior system of electrolyte delivery through partial absorption via the oral mucosa. This enables the electrolytes to be delivered quickly and efficiently into the body, thereby putting less strain on the ailing G.I. tract. Pediatric electrolyte strips are also sugar-free, making them an attractive choice for diabetic children or for parents who are concerned with adding sugar to their children’s diet.
About HealthSport, Inc.
HealthSport, Inc. (http://healthsportinc.com) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplements and over-the-counter drugs. The Company owns three subsidiaries — Enlyten, Inc., InnoZen, Inc. and Cooley Nutraceuticals, Inc. Enlyten (http://www.enlytenstrips.com) was created to market and distribute HealthSport’s products. InnoZen, Inc. (http://www.innozen.com), is the preeminent formulator, developer and manufacturer of edible film strips that deliver drug actives through buccal (between the cheek and gum) absorption. InnoZen’s proprietary edible film strip delivery technology is superior to any other competitive edible film strips currently available on the market. InnoZen has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of edible film strips. The Company’s current products are sold through its wholly-owned subsidiary, Enlyten, Inc.
About Unico Holdings, Inc.
Unico Holdings Inc., (http://www.unico-holdings.com) is a leading independent manufacturer of private label health and personal care products. Headquartered in Lake Worth, Florida, Unico’s product offering includes pediatric electrolyte solutions and personal care products. The Company markets its products through numerous sales channels, including large retail merchandisers, drug store chains, grocery stores and pharmaceutical distributors. Unico’s customers include most of the largest retailers and distributors in the U.S. in each of these sales channels. As part of its on-going expansion strategy, Unico will look to increase opportunities in manufacturing, developing and purchasing additional product lines while continuing to expand its customer base.
Forward-Looking Statements in this news release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only, and is not an offer or solicitation to buy or sell the securities.
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CONTACT: HealthSport, Inc. David Reid (818) 593-4880