SOURCE: Innovation Holdings Inc.

July 31, 2006 09:00 ET

Innovation Holdings Inc. Announces New President

TORONTO -- (MARKET WIRE) -- July 31, 2006 -- Innovation Holdings Inc. (PINKSHEETS: IVHN), a Nevada Corporation, announced that Steven Burke, the President of Innovation's target acquisition PharmaSpritz Corporation (www.slimspritz.com), has been appointed President and Chairman of the Board of Innovation Holdings Inc.

Robert Blagman, the former President of the Company, has confirmed the management restructuring and is confident Mr. Burke will steer the corporation in a profitable new direction. Mr. Burke will focus on the marketing and sales of the new products that have been developed by PharmaSpritz Corporation: SlimSpritz weight control spray, Compozure anti-stress oral spray and Spritzzz nighttime sleep aid.

The first three consumer products developed: SlimSpritz, Compozure and Spritzzz are manufactured by PharmaSpritz Corporation's technology partner, BioZone Laboratories Inc. of California. All three consist of effective natural source medicinal ingredients in patented formulations that will be marketed through a comprehensive series of direct response advertisements, on-line web marketing initiatives, television infomercials and traditional retail distribution in both Canada and the United States.

Steven Burke developed the concept of incorporating medicinal herbal ingredients into a self-regulating aerosol spray product. Mr. Burke has over 30 years' experience in the consumer product marketing business, in retail distribution and in direct marketing. In addition, Mr. Burke introduced the first powdered meal replacement for weight loss, NutriSlim, to the Canadian marketplace in 1980.

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Winning Brands Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; and (iii) competitive factors and developments beyond the Company's control.

Contact Information

  • For more information, please contact:
    Rhonda Windsor
    905-898-2646