Pro-Pointer, Inc. Corporate Update and First Quarter Management Assessment
01 May 2010 - 10:25AM
Marketwired
Pro-Pointer, Inc. (PINKSHEETS: PPII), through its wholly owned
subsidiary Coenzyme-A Technologies, Inc., is pleased to announce
that during the first quarter of 2010 the demand for the Coenzyme-A
product has continued to increase to the point where all of the
current inventory was sold out. In short, Coenzyme-A duplicates
biological functions used by the human body in the creation of
cellular energy. Management further commented, "Our sales are going
stronger than ever." Demand for the Coenzyme-A product has
continued to grow over the past twelve years despite the sagging
U.S. economy of late and the fact that all products are offered at
premium price points.
Additionally, we are pleased to announce an update for our
shareholders and perspective shareholders. "This is going to be a
very exciting year for us," stated CEO Nickolaos D. Skouras, PhD.
"We are looking forward to releasing several new innovative
proprietary formulas all of which are in multibillion dollar
markets."
The proposed marketing Plan for 2010 by Coenzyme-A Technologies
will also include the launching of the revolutionary Anti-Aging
skin care line the SKIN-MATRIX™. This line of cosmeceuticals
(cosmetics and toiletries containing at least one bio-active
ingredient), when properly marketed will have a tremendous impact
on the cosmetic over the counter industry.
Cosmeceuticals represent the marriage of cosmetics and
pharmaceuticals. According to industry experts, demand for
cosmeceuticals in the U.S. will increase 7.4% annually to $9.4
billion through 2012, driven by an aging population seeking to
maintain the appearance of youth. Examples of products typically
labeled as cosmeceuticals include anti-aging creams and
moisturizers. Cosmeceuticals are cosmetic products with
biologically active ingredients having medical or drug-like
benefits. Dermatological research suggests that the bioactive
ingredients used in cosmeceuticals do indeed have benefits beyond
the traditional moisturizer.
Lastly, we are excited about developments in the hair care, skin
care and weight management markets utilizing our innovative
proprietary formulations. As we approach launch dates for these new
products you can look forward to frequent updates from
management.
ABOUT COENZYME-A TECHNOLOGIES, INC. -
Coenzyme-A Technologies, Inc. is an innovative company that
has applied new technology to the formulation and manufacture of a
series of proprietary products which address nutritional
deficiencies that result from the stress of modern day living,
chemical imbalances within the body, and the deleterious effects of
aging. Coenzyme-A is the first nutraceutical product to combine
nutritional components that can be successfully used by the body to
support its manufacture and utilization of cellular Coenzyme-A (The
Master Coenzyme). Coenzyme-A contains a specific set of substrates
that are designed to assist the body in converting fats,
carbohydrates and proteins into energy at the cellular level.
See Company website -- www.coenzyme-a.com.
FORWARD LOOKING STATEMENTS The information
contained in this news release, other than historical information,
consists of forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 21E of the Exchange
Act. These statements may involve risks and uncertainties that
could cause actual results to differ materially from those
described in such statements. Such forward-looking statements
involve known and unknown risks and uncertainties, including all
business uncertainties relating to product development, marketing,
market acceptance, future capital requirements, competition in
general and other factors that may cause actual results to be
materially different from those described herein as anticipated,
believed, estimated or expected. The Company is under no obligation
to (and expressly disclaims any such obligation to) update or alter
its forward-looking statements whether as a result of new
information, future events or otherwise.
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INVESTOR RELATIONS at: InvestSource, Inc. 6352 Santa Ynez Drive
Huntington Beach, CA 92647 Phone (714) 847-2460 Fax (714)
847-4987
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