VANCOUVER, March 7, 2012 /PRNewswire/ - 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 the company's outlook for 2012.
Asantae CEO, Dan Lundell stated,
"In January, after a better than expected pre-launch, the company
began the highly anticipated official launch of
RealW8™. We are extremely pleased with the metrics to
date. Based on the current growth trajectory, we anticipate a
significant increase in revenues and expect to be cash flow
positive in the second quarter of this year; we also expect record
revenues for fiscal 2012."
Achievements to Date
- Commenced the official launch of RealW8™
- Introduced several sales initiatives targeting the professional
medical sector
- Attended key trade shows to increase product profile and
distribution
- Continued trend of average monthly 20%-25% growth in Active
Affiliates
- Increased auto-ship orders by 400% since September, 2011
2012 Outlook
In 2012 Asantae expects to achieve the following objectives and
strategic initiatives:
- Achieve cash flow break even in Q2
- Achieve record revenue levels
- Reveal product line extension that will enhance revenues and
compliment the Company's already innovative product line
- Rollout new Affiliate training, events, and recognition
systems, incentive travel program, Affiliate pay cards and other
initiatives to increase brand loyalty and network momentum
About Asantae
Asantae Holdings International Inc. (www.asantae.com) (TSXV:
JVA, OTC PINK: ASNHF) 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.).
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, Inc