LONGMONT, Colo. and Long Beach, Calif., May 8, 2002 (PRIMEZONE) -- Hauser, Inc. (OTCBB:HAUS) announced the promotions of two executives, consistent with the company's increasing focus on the scientific aspects of its business. David Bailey, Ph.D., and Rod McKeever have been elected Vice Presidents of the company. Both will continue in their present capacities, Bailey as vice president, Research & Development for the New Product Innovation Team, and McKeever as vice president and managing director of Hauser's Contract Research Organization.
Kenneth Cleveland, Hauser's president and chief executive officer, said: "Hauser's growth strategy is focused on leveraging the scientific heritage and assets of our company. These promotions to corporate officer level recognize the contributions both David and Rod have made within their teams to extending Hauser's scientific leadership."
Hauser's New Products Innovation Team develops proprietary natural products for the dietary supplement, food processing and other markets. Hauser's Contract Research Organization is a leading research, development and testing laboratory providing process research, development, manufacturing, consulting and testing services to the pharmaceutical, chemical, dietary supplement and natural products industries, among others.
Hauser, headquartered in Long Beach, California and Longmont, Colorado, is a leading supplier of herbal extracts and nutritional supplements. The company also provides interdisciplinary laboratory testing services, chemical engineering services, and contract research and development. The company's products and services are principally marketed to the pharmaceutical, dietary supplement and food ingredient businesses. Hauser's business units include: Botanicals International Extracts, Shuster Laboratories, ZetaPharm and Hauser Contract Research Organization.