Health Sciences Group signs distribution agreement with DNP International
Under the terms of the new agreement, DNP will market and sell Shugr 1X and 10X as raw material ingredient to manufacturers of foods and beverages and nutritional supplement makers throughout the United States and Canada.
27/01/06 Health Sciences Group, Inc., provider of innovative nutraceutical products and functional food ingredients derived from natural sources, has announced that it has signed a non-exclusive sales and distribution agreement for Shugr with ingredients distributor DNP International, Inc. DNP International is a leading importer and distributor of ingredients to manufacturers in the food, beverage and nutritional supplement industries.
Under the terms of the new agreement, DNP will market and sell Shugr 1X and 10X as raw material ingredient to manufacturers of foods and beverages and nutritional supplement makers throughout the United States and Canada. DNP is subject to a minimum sales requirement targeting $1.0 million in 2006, $4.0 million in 2007 and $5.5 million in 2008.
Shugr(TM), a zero-calorie, low glycemic sweetener that tastes and measures like table sugar, is made from sugars that occur naturally in such good-tasting, healthy foods such as fruits, vegetables, corn and dairy products. Erythritol is a naturally-occurring sugar commonly found in melon, grapes, mushrooms and soy. Tagatose comes from dairy products, but does not affect people who are lactose intolerant. Tagatose also provides an added health benefit -- prebiotic fiber that promotes intestinal health, much the way yogurt does. Maltodextrin is derived from corn sugar, which is non-GMO and gluten-free. A trace amount of sucralose is added to give Shugr its "high note." All of these ingredients carry a GRAS (Generally Recognized As Safe) designation for food safety from the US Food & Drug Administration.
DNP International Co., Inc. imports and distributes raw material ingredients to manufacturers in the food, beverage, dietary supplement, cosmetic and pharmaceutical industries. Founded in 1994, DNP is one of the largest suppliers of raw materials in the United States sourcing over two thousand different ingredients. Headquartered in Whittier, California, DNP has locations in Los Angeles, Chicago and New Jersey.
Health Sciences Group identifies, develops and commercializes innovative nutraceutical products derived from natural sources to provide consumers and medical professionals with preventative healthcare alternatives. The company markets its own line of proprietary products based on novel technologies with clinically-supported, GRAS-certified ingredients under its Swiss Research(TM) and Swiss Diet(TM) brand names.
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