EL SEGUNDO, Calif., and LONGMONT, Colo., March 13, 2003 (PRIMEZONE) -- Hauser, Inc. (OTCBB:HAUS) today said that, in the company description of its fiscal 2003 third quarter news release dated February 14, 2003, the name of one of its subsidiaries was inadvertently reported as Botanicals International. The correct name is Botanicals International Extracts.
Hauser, headquartered in El Segundo, California and Longmont, Colorado, is a leading supplier of herbal extracts and nutritional supplements. Hauser also provides chemical engineering services and contract research and development. Hauser's products and services are principally marketed to the pharmaceutical, dietary supplement and food ingredient businesses. Hauser's business units include: Botanicals International Extracts, ZetaPharm and Hauser Contract Research Organization.