SOURCE: Pharmessen

May 20, 2005 14:04 ET

Pharmessen®, Inc. Expands Market to Middle East

SAN DIEGO, CA -- (MARKET WIRE) -- May 20, 2005 -- Pharmessen®, Inc. (OTC: PASC) announced their expansion to the Middle East Market.

After receiving positive test results from SlimTrax® in the Middle East, Pharmessen® received its first order from its distributor. This order has been delivered to the United Arab Emirates city of Dubai, on May 12, 2005.

"Obesity continues to be a serious problem in the Arab Gulf States. Pharmessen® plans to significantly increase future sales in United Arab Emirates, Kuwait, Saudi Arabia, Qatar and neighboring states, in the Gulf area," said Dr. Ninkov Chairman / President of Pharmessen®, Inc. This business will be accomplished through its established distribution chain.

About Pharmessen® Inc.

Pharmessen®, Inc. is a global nutraceutical company that was formed to research, develop, produce, and market pure herbal supplements and compounds. At the core of Pharmessen's business are its patented encapsulation technology and "water activation" delay processes, which in combination enable the company's products to benefit from enhanced and extended potency. Utilizing this proprietary blending formula, the company effectively combines herbal oil extracts from organically grown plants to create novel supplements and compounds. Additional 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