VANCOUVER, BC and MESA, AZ, Oct. 17, 2013 /CNW/ - Avidus Management
Group Inc. ("Avidus" or the "Company") (TSX-V: AVD, OTC: ASNHF) through its wholly owned subsidiary Asantae
is pleased to announce that IS2™, a proprietary new functional beverage
is now shipping from all company warehouse locations.
Company President, Doug Ridley said, "Ninety days ago we promised a new
Asantae and this week we delivered on those promises with the launch of
this powerful functional beverage, a dynamic new website (www.asantae.com), two new product videos, and a new business presentation video. It's
an exciting time at Asantae as we roll out all these improvements and
enhancements. We look forward to an even greater future ahead as the
benefits accrue to the company."
According to MarketResearch.com, the functional beverage market had
total revenues that exceeded $25 bn in 2012 and annual compounded
growth rates of 6% per year for the trailing 5-years. The market is
projected to grow to over $38 bn by 2017.
Asantae's formulation team created IS2™ to support the body's natural
immune system and inflammatory response. These natural systems
function best when they quickly and completely "Recognize, Respond, and
Resolve" threats, invasions, infections and injuries in the body. IS2™
is specifically formulated to help these systems function optimally.
Among many other ingredients to be discussed in more detailed news,
IS2™ features Wellmune™, a powerful new compound with significant
research behind it (www.wellmune.com).
"Not only does IS2™ have tremendous health benefits, but it also will
dramatically improve our overall gross margins," said Dan Lundell,
CEO. He further pointed out, "With comparable margins, IS2™ is an
ideal companion to our groundbreaking weight-loss product RealW8™. It
has 300% better margins than two of our legacy products. Beyond the
obvious benefits of higher gross margins, enabling improved commissions
drives recruiting growth and momentum."
Leading distributor Erik Cloud said, "As a full-time network marketing
professional who has built my entire career around functional
beverages, this is the most functional health beverage I've ever seen. I can build a massive organization in a
relatively short time with a product that tastes this good, has
benefits that people feel, and is easy for distributors like me to
share. The availability of this product at Asantae unleashes a new and
powerful phase of recruiting, broadening the audience to other
professional networkers who have achieved huge success with functional
beverages; our timing could not be better."
Avidus Management Group Inc. (TSX-V: AVD, OTC: ASNHF) through its wholly
owned subsidiary, Asantae, Inc. (www.asantae.com) develops, produces and markets innovative nutritional products through
direct and network marketing channels. The ingredients in Asantae's
products have been shown to reduce chronic low-grade inflammation and
oxidative stress, and support a healthy immune system that, according
to scientific and medical research, are the underlying conditions for
most modern epidemic diseases (diabetes, heart disease, obesity,
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Certain information in this news release is forward-looking within the
meaning of certain securities laws, and is subject to important risks,
uncertainties and assumptions. This forward-looking information
includes, among other things, information with respect to the Company's
beliefs, plans, expectations, anticipations, estimates and intentions,
including the listing and trading of the Company's common shares on the
Exchange. The words "may", "could", "should", "would", "suspect",
"outlook", "believe", "anticipate", "estimate", "expect", "intend",
"plan", "target" and similar words and expressions are used to identify
forward-looking information. The forward-looking information in this
news release describes the Company's expectations as of the date of
this news release.
The results or events anticipated or predicted in such forward-looking
information may differ materially from actual results or events.
Material factors which could cause actual results or events to differ
materially from such forward- looking information include, among
others, the Company's ability to develop new products which will
receive market acceptance, to receive market acceptance in new markets
outside the United States, to engage and retain qualified key
personnel, employees and affiliates, to obtain capital and credit and
to protect its intellectual property rights.
The Company cautions that the foregoing list of material factors is not
exhaustive. When relying on the Company's forward-looking information
to make decisions, investors and others should carefully consider the
foregoing factors and other uncertainties and potential events. The
Company has assumed a certain progression, which may not be realized.
It has also assumed that the material factors referred to in the
previous paragraph will not cause such forward-looking information to
differ materially from actual results or events. However, the list of
these factors is not exhaustive and is subject to change and there can
be no assurance that such assumptions will reflect the actual outcome
of such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE
REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS
RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS
SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND
SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE
COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION
AT ANY PARTICULAR TIME.
SOURCE: Avidus Management Group Inc.
For further information:
For further information respecting the Company please contact:
Daniel Lundell, CEO/COO
10153 E. Hampton Ave., Suite 101
Mesa, AZ 85209
P: 480-278-8702 / F: 480-907-2641
Sequoia Partners Inc.