SOURCE: Redux Holdings, Inc.

February 25, 2008 07:35 ET

Redux Holdings Acquires Remaining Interest in Koloseum Nutritional Sciences

ANAHEIM, CA--(Marketwire - February 25, 2008) - Redux Holdings (PINKSHEETS: RDXH) announced today that it has purchased 100% of the remaining shares of Koloseum Nutritional Sciences. Previously, Redux owned a 30% equity stake in Koloseum.

Koloseum was founded by Rick Robinette and Milos Sarcev. In 2007, Mr. Robinette and Mr. Sarcev were brought on to serve as Chief Operating Officer and Chief Science Officer, respectively, for Naturade, Inc. (OTCBB: NRDCQ). Naturade is a subsidiary of Redux Holdings.

Mr. Robinette commented, "We are pleased to complete the transition of Koloseum Nutritional Sciences to the Redux Holdings portfolio of companies. The combination of Naturade and Koloseum creates a solid foundation for Redux to expand its presence in the nutritional and supplements components of the health food industry. We look forward to utilizing the large network of retail vendors that is already in place at Naturade to provide an efficient distribution network for the Koloseum product line."

About Koloseum Nutritional Sciences, Inc.

Koloseum Nutritional Sciences' products are sold in the health food channel, sports clubs, internet, and traditional retail stores (www.koloseum.com). The Company has created a unique platform of hyper-anabolic and anti-proteolytic formulations designed to deliver optimum levels of nutrition to high performance athletes at the critical stages of exercise. The Company develops its products to meet the performance demands of professional athletes, performance athletes, and both heavy and regular users of sports nutrition and physique-modifying supplements. This retail market segment represented approximately $15.7 billion in 2004, as reported by Nutrition Business Journal.

About Naturade, Inc.

Founded in 1926, Naturade (www.naturade.com) is a leading marketer of scientifically supported natural products formulated to improve the health and well-being of consumers. Naturade's products can be found in health food stores and natural foods supermarkets as well as supermarkets, mass merchandisers, club stores and drug stores.

About Redux Holdings, Inc.

Redux Holdings (www.reduxholdings.com) acquires the assets of companies and isolates, recombines and manages those assets to increase their value and develop profitable strategic options. The Company is distinguished by the extensive experience of its personnel in identifying, analyzing and stabilizing these business opportunities and effecting efficient turnaround and asset monetization.

Investor information, including an investor fact sheet, is available for download at www.firstcapitalinvestors.com/rdxh.html.

"SAFE HARBOR"

This press release contains forward-looking statements within the definition of Section 27A of the Securities Act of 1933, as amended and such section 21E of the Securities Act of 1934, amended. These forward-looking statements should not be used to make an investment decision. The words 'estimate,' 'possible' and 'seeking' and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.

Contact Information

  • Contact:
    Investor Relations
    First Capital Investors, Inc.
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    (321) 221-2910