Contact Information: Contact: Dino Luzzi CEO Medivisor, Inc. 326 Walt Whitman Road Huntington Station, N.Y. 11746 Tel: 631.549.7100
Medivisor, Inc. in Negotiations With Distributor for Energy Drink
| Source: Medivisor, Inc.
HUNTINGTON STATION, NY--(Marketwire - September 22, 2008) - Medivisor, Inc. (PINKSHEETS : MVSR )
announced today that it is in final negotiations with its first nationwide
distributor for sales of Maximum Energy Shot, Medivisor's four calorie
energy shot designed to give consumers several hours of even energy without
the ups and downs associated with other energy drinks. The terms of the
agreement as contemplated call for minimum orders of $500,000 for an
annually renewable contract.
"While we initially intended to launch our energy shot product in Europe,
we have already received strong interest here in the US," said Dino Luzzi,
CEO of Medivisor, Inc. "We have positioned ourselves with an exceptional
product in what we believe to be the fastest growing and most exciting
segment of the beverage market. Medivisor anticipates consummating this and
other beverage distribution alliances in the immediate future," furthered
Mr. Luzzi.
According to Market Research Group, the energy drink category has grown by
440% since 2002 to a whopping $6.6 billion in 2007 and is expected to reach
$9 billion in 2011. This is going on while other beverage categories like
soda are at a stand still.
About Medivisor, Inc.: Medivisor is a medical communications company
dedicated to providing concise and timely medical information to healthcare
industry professionals. Medivisor exclusively serves the bioscience and
pharmaceutical markets, offering specialized medical marketing consulting,
graphic design, web site marketing strategy, event management, public
relations and market research. From pre-product development through product
launch and commercialization, Medivisor offers worldwide experience in
delivering effective and successful integrated marketing and creative
communications campaigns for the mutual benefit of both pharmaceutical
vendors as well as the practitioners.
Safe Harbor: This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995 (the
"Act") Additionally, words such as "seek," "intend," "believe," "plan,"
"estimate," "expect," "anticipate" and other similar expressions are
forward-looking statements within the meaning of the Act. Some or all of
the events or results anticipated by these forward-looking statements may
not occur. Factors that could cause or contribute to such differences
include the performance ability of the initial units in the field. Further
information on Medivisor risk factors is contained in its filings with the
Securities and Exchange Commission. Medivisor does not undertake any duty
nor does it intend to update the results of these forward-looking
statements.