WOODLAND HILLS, Calif., Dec. 4, 2008 (GLOBE NEWSWIRE) -- HealthSport, Inc. (OTCBB:HSPO), announced today that the Company, and its subsidiaries, had total product sales of approximately $340,000.00. The Company's previous best month was July 2008, which had total product sales of approximately $240,000.00.
"Our strategy of focusing on product development and manufacturing for third parties continues to show great promise in bringing the Company to near term profitability. We believe that in the short term, HealthSport could see monthly revenue growth of 15% to 20%," stated Hank Durschlag, CEO of HealthSport, Inc.
About HealthSport, Inc.
HealthSport, Inc. (http://healthsportinc.com) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplements and over-the-counter drugs. HealthSport's wholly-owned subsidiary, InnoZen, Inc. (http://www.innozen.com), is the preeminent formulator, developer and manufacturer of edible film strips that deliver drug actives through buccal (between the cheek and gum) absorption. InnoZen's proprietary edible film strip delivery technology is superior to any other competitive edible film strips currently available on the market. InnoZen has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of edible film strips.
Forward-Looking Statements in this news release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only, and is not an offer or solicitation to buy or sell the securities.