AMS Health Sciences, Inc. Announces Ephedra Lawsuit Settlement.OKLAHOMA CITY -- AMS AMS - Andrew Message System Health Sciences, Inc (AMEX AMEX See: American Stock Exchange :AMM) announced today the settlement of Randal Potter et al v. Advantage Marketing Systems, Inc., the final lawsuit pending against the Company involving its products containing ephedra ephedra: see ephedrine. . In Potter, the plaintiff alleged that the ingestion of ephedra included in the Company's AM-300 product resulted in the death of Pamela Sue Potter. The exact settlement terms are confidential. "This is a tremendous relief for the Company and its stockholders," said Dr. Jerry W. Grizzle grizzle a bluish-gray or iron-gray coat color in dogs, consisting of a mixture of black and white hairs. In canaries, it describes light, grayish markings on the head, body, wings or tail. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AMS. "We have worked diligently with all parties involved to bring this to an equitable and satisfactory closing. This settlement releases the Company from all liabilities, current or future, related to the claims alleged in the original lawsuit." This settlement resolves the last piece of litigation dealing with the sale of AM-300, an ephedra-based product. The Food and Drug Administration (FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. ) banned the sale of ephedra in April 2004. In compliance with the FDA ruling, the Company terminated all sales of AM-300. The Company is not aware of any other claims that might result in future litigation regarding the ingestion of ephedra through the Company's products. AMS Health Sciences, Inc., sells more than 60 natural nutritional supplements, weight management products, and natural skincare products through independent distributors across the United States and Canada. More information about the Company is available at http://www.amsonline.com. |
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