Nutranomics Signs Product Supply and Distribution Agreement for Bangladesh
12 Nov 2013 --- Nutranomics, Inc. is pleased to announce that the Company has signed a product supply and distribution agreement with Tezarat Trade Corporation of Dhaka, Bangladesh. Tezarat Trade is a conglomerate of food, clothing, and health care product manufacturing and distribution companies with its main office in Dhaka, the capital of Bangladesh.
Mr. Sadaruddin Chandu, the owner of Tezarat Trade, and Nutranomics' CEO Dr. Tracy K. Gibbs, have developed a strong professional relationship over the last seven years.
"Mr. Chandu and I have been patiently preparing and waiting for the right time to begin distribution of Nutranomics' products throughout Bangladesh," stated Dr. Gibbs. "The market was just too immature for our products seven years ago, but now we feel that the rapidly growing middle class population in Bangladesh is ready for more organic, quality whole food dietary supplements to improve their health and well-being."
Tezarat Trade is expected to organize local news media and reporters during the first week of December to cover the entry of Nutranomics products into the Bangladesh market. Training of Tezarat Trade sales reps will begin shortly thereafter.
The entry of Nutranomics into the Bangladesh market is part of an aggressive ongoing Asian market and new product expansion currently being undertaken by the Company. Nutranomics currently has established trademark registration in six Asian markets and distribution agreements signed in five countries (Japan, Taiwan, Philippines, Bangladesh, and Korea).
"We anticipate that Tezarat Trade will launch the new product line in Bangladesh during mid-February 2014," concluded Ms. Nichole Clark, Nutranomics' Director of Retail Sales.
