SOURCE: Medical Nutrition USA Inc.

September 24, 2007 08:30 ET

Medical Nutrition USA Announces Agreement With Sodexho Operations, LLC

ENGLEWOOD, NJ--(Marketwire - September 24, 2007) - Medical Nutrition USA, Inc. (NASDAQ: MDNU) today announced that it has entered into an agreement with Sodexho Operations, LLC in Gaithersburg, MD pursuant to which its Pro-Stat® modular liquid protein supplements and Fiber-Stat® liquid fiber supplement will be supplied to hospitals and nursing homes through designated distributors or by the company directly.

"The selection of Pro-Stat by Sodexho comes as a result of Pro-Stat's demonstrated role in nutrition intervention for pressure ulcers, hypoalbumenia, protein energy malnutrition (PEM), cachexia and unintended weight loss. We are excited to be working with Sodexho and view it as a significant sales opportunity," said Frank A. Newman, Chairman and Chief Executive Officer.

Medical Nutrition USA, Inc. (http://www.mdnu.com) 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® and private label products.

Sodexho, Inc. (www.sodexhoUSA.com) is the leading provider of integrated food and facilities management services in the U.S., Canada and Mexico, with $6.7 billion (USD) in annual revenue and 125,000 employees. Sodexho serves more than ten million customers daily in corporations, health care, long term care and retirement centers, schools, college campuses, government and remote sites. Sodexho, Inc., headquartered in Gaithersburg, Md., is a subsidiary of Sodexho Alliance (www.sodexho.com). Sodexho, Inc. funds the Sodexho Foundation (www.helpstophunger.org), an independent charitable organization that, since its founding in 1999, has made more than $9.2 million in grants to fight hunger in America.

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 is 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 second quarter of fiscal year 2008, 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
    Andrew Barwicki
    516.662.9461
    Email Contact