EHOS SET FOR ROIDZZZ/ACQUISITION COMPLETED EHouse
Post# of 144481
Posted On: 10/14/2013 9:18:11 AM
EHOS >>SET FOR ROIDZZZ/ACQUISITION COMPLETED >>EHouse Global Acquires Liquid Nutritional Supplement Company, Nutraliquids
LA JOLLA, Calif., Oct. 10, 2013 (GLOBE NEWSWIRE) -- EHouse Global, Inc. (EHOS) announced that it has entered the growing liquid nutritional supplement industry through the acquisition of NutraLiquids LLC. Nutraliquids is an emerging leader in the dynamic single serve ready to drink liquid supplement market.
A study on the Dietary supplement industry shows supplement sales in the US exceed $26 billion, according to the "Nutrition Business Journal." Concerns about health care and aging have led to increased sales in nutritional supplements. Vitamin supplements are traditionally offered as tablets or pills. Unfortunately, many vitamins that are in pill form contain a variety of preservatives and fillers that are designed to give them a longer shelf life. Over the past several years liquid supplements have gained rapid popularity. Studies indicate that Liquid vitamin supplements have an almost total absorption rate, often quoted as high as 98%, and research suggests that 90% of the nutrients taken in a tablet or pill form are going straight down your toilet.
EHouse CEO, Scott Corlett said, "NutraLiquids develops nutraceutical vitamin, supplement and functional beverage products for the consumer packaged goods industry. The Company develops unique products based on natural ingredients with leading edge packaging for the general retail market. The company's products target all sectors of retail from online with retailers such as Amazon as well as brick and mortar with Grocery, Pharmacy, Convenience Stores, Big Box Retailers and Membership retailers such as Costco. The company develops unique products with great brand names such as Restera, an all natural sleep support product and AirArmour, a natural immunity support product. With 16 products at launch, the company is in a great position to present product diversity to buyers. The products are packaged in retail ready boxes which can be simply opened and placed on store shelves and register counters." More information about Nutraliquids can be found at www.nutraliquids.com
Global Nutraceutical Industry
The global nutraceutical ingredients market is forecast to record yearly growth in excess of 7% to reach almost $24 billion in 2015, according to research from "Freedonia". The greatest growth will come from ingredients with clinically confirmed health benefits that can be used in a wide range of dietary supplements, drinks, foods, and nutritional preparations for children and adults. Market growth across developing nations is expected to be faster in terms of consumption and production compared with developed nations. Nutraceuticals are used in the prevention of potential disease and the healing of already existing diseases. According to "Transparency Research", the nutraceuticals product industry is classified broadly according to functional beverages, functional food, and dietary supplements. Market growth is fuelled by dietary supplement segment expansion. The protein and peptides sector of the dietary supplement market is expected to record strong growth in the coming years. The non-herbal market segment of the dietary supplement sector is also forecast to record strong growth between 2012 and 2017. In the functional food market sector, the omega fatty acid fortified food market segment is predicted to record moderate growth.
About EHouse Global (EHOS)
EHouse Global is a publicly traded company on the OTCBB Market stock exchange under the ticker symbol EHOS. Headquartered in La Jolla, CA, EHouse Global acquires, develops and sells leading edge consumer oriented products ready for rapid commercialization. EHouse plans to become a recognized market leader in its product categories. Much of its resources are dedicated to research and development in order to provide consumers with quality options while meeting the expectations of its investors. For information about EHouse go to www.ehouse-global.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements." Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the ability of the Company to reach its expansion goals and generate exciting new developments. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with developing new products and operating as a development stage company, our ability to raise the additional funding we will need to continue to pursue our business and product development plans, competition in the industry in which we operate and market conditions. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by applicable law, including the securities laws of the United States. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents we file with the SEC, available at www.sec.gov.
Contact:
Investor Relations Inquires:
Phone: 858-459-0770
Email: investors@ehouse-global.com
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