SOURCE: BioPharmetics, Inc.

January 25, 2006 07:00 ET

BioPharmetics, Inc, Formerly BTG Cosmetics, Signs Joint Venture With Cosmetics Based on Nature Inc.

NORTH HOLLYWOOD, CA -- (MARKET WIRE) -- January 25, 2006 --BioPharmetics, Inc, (OTC: BCSM), formerly known as BTG Cosmetics, announced the company has signed a Joint Venture with Cosmetics Based on Nature Inc., a Canadian Health and Beauty product Distributor.

The joint venture allows BioPharmetics to have the exclusive rights to sell the Molo Africa line of Natural health and beauty products, the Micha line of anti-aging products for women, and the Isseo Men's skin care line in the U.S.

"Our joint venture with CBON gives us a very strong product line to complement our current cosmetics offerings. The Molo Africa products are incredible. Not only are they all natural, but the products are purchased from a company that supports single mothers and farmers in Africa," stated Mr. Paul D. Lisenby, CEO of Biopharmetics, Inc. Mr. Lisenby goes on to say, "We've already attended several industry trade shows and the interest in all three products is incredible. We expect to hit $3 million in sales this year with $1.5 million in gross profits from these product lines alone."

"CBON is excited to have BioPharmetics, Inc as a joint venture partner for the sale and distribution of the Molo Africa, Micha, and Isseo lines. Our company currently has the Molo line in the largest retail store in Canada and the Micha and Isseo lines continue to be great sellers in beauty supply stores, salons, and spas throughout Canada. We have no doubt they will do incredibly well in the U.S.," states Mr. Jeff Alford, C.E.O of Cosmetics Based on Nature Inc.

About BioPharmetics, Inc. (OTC: BCSM)

BioPharmetics, Inc, formerly known as BTG Cosmetics, Inc, is a manufacturer and distributor of quality pharmaceutical, cosmetic, and anti-aging products. The company has three divisions: biotechnology, pharmaceuticals, and cosmetics/cosmeceuticals, working in unison to develop, manufacture, and distribute, high-quality products in the retail, wholesale, and professional markets. BioPharmetics, Inc, also private labels many brands of cosmetics and Cosmeceuticals for salons and retail stores as well as compounding specialized prescriptions for doctors nationwide.

For information on BioPharmetics, Inc visit their website at www.biopharmetics.net

To learn more about Cosmetics Based on Nature, visit their site at www.cosmeticsbasedonnature.com

Safe Harbor

This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

Contact Information

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    Paul Deriso
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