HealthSport, Inc. Announces Issuance of Mexican Patent
February 03 2010 - 10:21AM
PR Newswire (US)
OXNARD, Calif., Feb. 3 /PRNewswire-FirstCall/ -- HealthSport, Inc.
(OTC Bulletin Board: HSPO), the preeminent formulator and developer
of edible, multi-layer film strips that deliver drug and dietary
supplement actives through buccal and sublingual absorption as well
as oral ingestion, announced today that the Mexican Institute of
Industrial Property has approved HealthSport's patent application
relating to its bi-layer edible film strip technology. The patent
issuance opens the door for sales and distribution into Mexico, and
is expected to accelerate HealthSport's move into the international
marketplace. The Mexican market for OTC drugs is larger than that
of China and is a natural next step into international sales and
distribution of HealthSport's products. The issuance of the Mexican
patent also strengthens HealthSports's commitment to develop
products based on it's next-generation drug delivery technology.
"We have long recognized the unique value that our film strip
technology can provide to consumers through a number of different
products, and the recently issued Mexican patent reinforces this
belief, further demonstrating the proprietary nature of our
technology," stated Kevin Taheri, CEO of HealthSport. HealthSport
currently has seven additional patent applications pending in the
U.S. and several other countries. About HealthSport, Inc.
HealthSport, Inc. (http://www.healthsportinc.com/) is a fully
integrated developer, manufacturer and marketer of unique and
proprietary branded and private label edible film strip nutritional
supplement and over-the-counter drug products. HealthSport's
wholly-owned subsidiary, InnoZen, Inc. (http://www.innozen.com/),
is the preeminent formulator, developer and manufacturer of edible
film strips that deliver drug or dietary supplement actives through
buccal (between the cheek and gum) absorption as well as normal
ingestion. InnoZen's proprietary edible film strip delivery
technology is superior to any other competitive, edible film strips
currently available on the market. InnoZen has five patents pending
and has developed numerous trade secrets which it incorporates in
the development and manufacturing process of its edible film strip
products. Forward-Looking Statements This release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All forward-looking
statements are inherently uncertain as they are based on current
expectations and assumptions concerning future events or future
performance of the company. Readers are cautioned not to place
undue reliance on these forward-looking statements, which are only
predictions and speak only as of the date hereof. In evaluating
such statements, prospective investors should review carefully
various risks and uncertainties identified in this release and
matters set in the company's SEC filings. These risks and
uncertainties could cause the Company's actual results to differ
materially from those indicated in the forward-looking statements.
CONTACT: HealthSport, Inc. Rick Gean (480) 927-9002 DATASOURCE:
HealthSport, Inc. CONTACT: Rick Gean of HealthSport, Inc.,
+1-480-927-9002 Web Site: http://www.healthsportinc.com/
http://www.innozen.com/
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