SOURCE: Medical Nutrition USA Inc.

October 08, 2007 08:30 ET

Medical Nutrition USA Retains The Equity Group to Provide Investor Relations Services

ENGLEWOOD, NJ--(Marketwire - October 8, 2007) - Medical Nutrition USA, Inc. (NASDAQ: MDNU) today announced that it has retained The Equity Group to provide investor relations services.

Frank A. Newman, Chairman and Chief Executive Officer, stated, "Indicative of our confidence in the Company's prospects, we have hired The Equity Group to communicate Medical Nutrition's unique product offering, largely untapped market, track record and financial outlook to a broader and more diverse group of investment professionals and media. The Equity Group came highly recommended as a respected, experienced and results-driven investor relations firm. We were impressed by the calibre, longevity, and references of their clients, and are confident that they will represent us well within the financial community and media."

About The Equity Group

Founded in 1974, The Equity Group provides a full spectrum of investor and financial public relations services primarily to micro, small and mid-cap companies listed on the Nasdaq, New York and American Stock Exchanges. Additional information is available at www.theequitygroup.com.

About Medical Nutrition USA

Medical Nutrition USA develops and distributes products for the nutritionally at risk who are under medical supervision. Its products are used primarily in long-term care facilities, hospitals, dialysis clinics and bariatric clinics. The Company's product lines include Pro-Stat®, Fiber-Stat®, as well as private label products. Additional information is available at www.mdnu.com.

This press release contains forward-looking statements that are subject to certain risks and uncertainties. Although we believe that the expectations reflected in any of our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed. Risks and uncertainties that could cause or contribute to such material difference include, but are not limited to, general economic conditions, changes in customer demand, changes in trends in the nursing home, renal care, health food and bariatric surgery markets, changes in competitive pricing for products, and the impact of our competitors' new product introductions. Our future financial condition and results of operations, as well as any forward-looking statements are subject to change and inherent risk and uncertainties. Other important factors that may cause actual results to differ materially from those expressed in forward-looking statements are contained in the Medical Nutrition USA, Inc. Annual Report on Form 10-KSB for the year ended January 31, 2007 as filed with the Securities and Exchange Commission on May 16, 2007 and Form 10-QSB for the quarter ended July 31, 2007 as filed on September 14, 2007.

Contact Information

  • Contacts:
    Medical Nutrition USA, Inc.
    Alan Levy
    Vice President/Finance
    Chief Financial Officer
    800-221-0308
    Email Contact

    Investor Relations Counsel.
    The Equity Group Inc.
    Linda Latman
    212-836-9609
    Lena Cati
    212-836-9611
    Email Contact
    www.theequitygroup.com