SOURCE: Pharmessen Inc.

May 24, 2005 20:22 ET

Pharmessen, Inc. Receives a Second Purchase Order From Germany

SAN DIEGO, CA -- (MARKET WIRE) -- May 24, 2005 -- After the initial delivery of SLIMTRAX® to Bremen, Germany in December 2004, Pharmessen's (OTC: PASC) German distributor has placed a major reorder. Pharmessen's distributor Dr. Manfred Stein received many repeat orders and the rapid pace of sales indicate that product demand is very high. "Customers in Germany are very satisfied with the efficacy of the product," said Dr. Manfred Stein, the largest European distributor.

"This is a very exciting development and Pharmessen® Inc. will provide full support to Dr. Stein's distribution efforts. The successful penetration of the German market will serve as the foundation upon which Pharmessen's products will be introduced to new European Markets," said Dr. Ninkov, Pharmessen's Founder and Chairman.

Pharmessen, Inc. plans to support German sales by launching an aggressive marketing campaign through various German media outlets. "Pharmessen, Inc. is demonstrating its commitment to the German marketing campaign by reinvesting the proceeds from the sales of SLIMTRAX® products," said Dr. Manfred Stein.

Additional product information can be found on our website, www.pharmessen.com

Safe Harbor Statement

This release contains forward-looking statements with respect to the results of operations and business of Pharmessen Scientific, Inc., which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "Safe Harbors" provision of the Private Securities Litigation Reform Act of 1995.

Contact Information

  • Contact:
    Dr. Dusan Ninkov
    Chairman / President
    USA Toll Free: 1.866.860.5412