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  • stockreview_2008 stockreview_2008 May 17, 2012 12:57 PM Flag

    FITX - spost nutrition acquisition

    Creative Edge Nutrition, Inc. Completes Acquisition of Science Defined Nutrition

    ORLANDO, Fla., May 15, 2012 /PRNewswire via COMTEX/ -- Creative Edge Nutrition, Inc. (Pink Sheets: FITX), a nutritional supplement company focusing on active lifestyles, announced today that it has completed the acquisition of Science Defined Nutrition ("SDN"), a health supplement development company. Under the terms of the deal, Creative Edge Nutrition, Inc. acquired SDN's assets, manufacturing and distribution agreements and intellectual properties.

    (Photo: http://photos.prnewswire.com/prnh/20120515/SF07753)

    Bill Chaaban, President and CEO of Creative Edge Nutrition stated, "We knew early in the due-diligence process, that this acquisition would be a strategic one for our company and shareholders. SDN adds immediate shareholder value by bringing existing customers, revenue and profit to our bottom line. SDN focuses on developing ground-breaking innovative products for the athletic market, evidenced by its signature ROGUE(TM) products. We will continue to aggressively grow and expand our presence in the sports nutrition marketplace through both organic growth and strategic acquisitions."

    Jeff Thomas, President and Founder of SDN stated, "In the current atmosphere of the nutraceutical industry, an overwhelming amount of companies engage in 'follow the leader' far too often, adopting whatever the current flavor of the day might be; but ultimately losing their focus and passion for developing new innovative products created of novel science. The acquisition by Creative Edge Nutrition, Inc. sets the foundation of creating a new market leader, focusing on delivering innovative products that give immediate measurable results."

    About Science Defined Nutrition, Inc.

    Developed by body builders and athletes, Science Defined Nutrition (SDN) is a leader in nutritional supplement industry. SDN's Research and Development Team has cultivated an entire litany of superlative products, with the initial proof-providing ground-breaking product ROGUE at the helm, rooted in the immeasurable passion for achieving athletic enhancement through tireless scientific scrutiny. The core Mission of SDN is to assist our customers in taking their athletic ambitions to heights unknown, without having to defy their own conscience by sacrificing their state of health to do so. www.sciencedefinednutrition.com

    http://www.otcmarkets.com/stock/fitx/quote

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