Health Canada issues Product Licence for Asantae RealW8™
VANCOUVER AND MESA, AZ, Aug. 28, 2012 /CNW/ - Asantae Holdings
International Inc. (TSXV: JVA, OTC PINK: ASNHF) ("Asantae" or the
"Company"), a producer and marketer of innovative nutritional products
through a network of independent distributors, today announced its
subsidiary, Asantae Distribution Canada, has received a Health Canada
License for its weight loss supplement, RealW8™.
Hon. John Reynolds, Asantae's Chairman, stated, "With the outstanding
sales performance of RealW8™ in the US, we are extremely pleased that
Health Canada has issued the Company this National Health Products
License. We take the safety, quality, and efficacy of our products
very seriously and are proud of our team for their diligent work."
Dr. Lundell, RealW8™ formulator, commented, "RealW8 is effective because
it addresses the real cause of weight gain and the many associated heath consequences. We are excited to be sharing
the success of RealW8 with the Canadian market."
About Asantae
Asantae Holdings International Inc. (www.asantae.com) is a producer and marketer of innovative nutritional products through a network of independent distributors (Asantae Independent Affiliates). Asantae's flagship product RealW8™ addresses the primary threat to public health in the industrialized world; overweight and obesity. Asantae's approach to this threat is based on a body of research related to the brain chemistry of addiction, chronic low-grade inflammation and oxidative stresses which, according to scientific and medical research, are the underlying conditions for most modern epidemic diseases (obesity, heart disease, diabetes, stroke, some cancers, etc.). According to Market data Enterprises, Inc., the U.S. weight loss market alone is estimated at $60.9 billion per year.
Asantae Holdings International Inc. (www.asantae.com) is a producer and marketer of innovative nutritional products through a network of independent distributors (Asantae Independent Affiliates). Asantae's flagship product RealW8™ addresses the primary threat to public health in the industrialized world; overweight and obesity. Asantae's approach to this threat is based on a body of research related to the brain chemistry of addiction, chronic low-grade inflammation and oxidative stresses which, according to scientific and medical research, are the underlying conditions for most modern epidemic diseases (obesity, heart disease, diabetes, stroke, some cancers, etc.). According to Market data Enterprises, Inc., the U.S. weight loss market alone is estimated at $60.9 billion per year.
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: Asantae Holdings International, IncAsantae Holdings International Inc.
Dan Lundell, CEO/COO
danlundell@asantae.com
10153 E Hampton Ave, Ste 101, Mesa, AZ, 85209 USA
P: 480-278-8712 / F: 480-383-6147
Sequoia Partners Inc.
James Beesley
james@sequoiapartners.ca
P: 778-389-7715
Adam Rabiner
adamr@sequoiapartners.ca
P: 604-868-7881
Source: Canada Newswire (August 29, 2012 - 8:00 AM EDT)
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