Amenni to acquire Immune Macro Biotic Technology Limited
IMBT is a premier nutraceutical research and development company.
05/10/05 Amenni, Inc. ("Amenni"), which merged with Nannaco, Inc. ("Nannaco") on July 21, 2005, announced that it has executed a Letter of Intent to acquire Immune Macro Biotic Technology Limited ("IMBT").
IMBT is a premier nutraceutical research and development company. IMBT has initially focused on developing a product aimed at the poultry marketplace. IMBT's initial product, set to launch in the fourth quarter of 2006, is designed to be mixed with animal feed in order to improve immune systems, assisting in the fight against fungal, viral, bacterial and parasitic diseases. Amenni intends to use IMBT's expertise to develop and release additional animal-feed additive nutraceuticals thereafter.
Using IMBT technology, Amenni will thereafter produce a range of nutraceuticals and functional foods that boost human and animal immune systems by assisting the body in its fight and defense against fungal, viral, bacterial and parasitic diseases. Furthermore, Amenni will develop a range of nutraceuticals that enhance animal and human health, through the provision of a range of naturally produced vitamins, unsaturated fatty acids, protein, trace elements and antimicrobial peptides.
Amenni believes that IMBT's Technology, allied with their transdermal patch expertise, will create new treatments for chronic illnesses. A series of clinical trials are planned to begin Q3 2006. The development and roll out of these new, innovative products into the multi-billion dollar nutraceutical market will be by Q3 2007.
Amenni is a premier developer and manufacturer of nutraceuticals - naturally sourced biologically active components for human and animal health benefits.
In addition to Ft. Lauderdale, Amenni has facilities located in London (United Kingdom), Dubai (United Arab Emirates) and Zurich (Switzerland).
Nannaco, Inc. previously provided surface cleaning, surface protection, surface restoration, and other services to commercial and industrial businesses, as well as to owners of historical buildings. The company has moved to a new line of business as a consultant and advisor to customers and is seeking to improve its financial position through the acquisition of or merger with companies capable of providing the best value to its shareholders.
