Baywood's Fourth Quarter Sales Surge.Health/Medical Writers SCOTTSDALE, Ariz.--(BW HealthWire)--Jan. 18, 2000 Baywood International, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: BYWD) Tuesday announced fourth quarter sales of $280,000, a 1,662 percent increase over the same period in 1998 and a 113 percent increase over the third quarter 1999. Baywood's president and chief executive Officer, Neil Reithinger, attributed the sharp sales increases to the increasing distribution of the company's PURECHOICE(TM) and SOLUTIONS(TM) lines into retail channels and their increased acceptance amongst consumers. "Since the launch of the PURECHOICE(TM) and SOLUTIONS(TM) lines in July 1999, the company has added approximately 1,700 retail health food stores and independent pharmacies An independent pharmacy is a retail pharmacy that is not directly affiliated with any chain pharmacy, such as CVS/pharmacy, Walgreens or Eckerd. However, owners of independent pharmacies will often form alliances with other independents and use their power in numbers to bargain for to its customer base," Reithinger stated. He further stated that, "Over 1,000 of these stores were added in the fourth quarter alone." Among the products introduced so far are the patented "Dr. Harris' Original Snore Formula", "Dr. Harris' Original Allergy allergy, hypersensitive reaction of the body tissues of certain individuals to certain substances that, in similar amounts and circumstances, are innocuous to other persons. Allergens, or allergy-causing substances, can be airborne substances (e.g. Formula", "SAMe (S-Adenosyl-Methionine)" and Colostrum colostrum /co·los·trum/ (kol-os´trum) the thin, yellow, milky fluid secreted by the mammary gland a few days before or after parturition. co·los·trum n. IgG30. The company further noted that demand among all products remains steady and strong as existing retailers reorder re·or·der v. re·or·dered, re·or·der·ing, re·or·ders v.tr. 1. To order (the same goods) again. 2. To straighten out or put in order again. 3. To rearrange. v. and as new retailers are added to the company's customer base. Baywood is a consumer products company specializing in the development, marketing and distribution of natural-based products. The company's natural dietary supplement Noun 1. dietary supplement - something added to complete a diet or to make up for a dietary deficiency diet - a prescribed selection of foods vitamin pill - a pill containing one or more vitamins; taken as a dietary supplement lines are marketed under the brand names, PURECHOICE(TM) and SOLUTIONS(TM). The company's products are distributed through independent and chain health food stores and pharmacies. Contact Baywood International Inc. at 888/350-0799 for more information. This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , made in reliance upon Section 21D of the Exchange Act of 1934, which involve known and unknown risk, uncertainties or other factors that could cause actual results to materially differ from the results, performance, or expectations implied by these forward-looking statements. The issuer's expectations among other things are dependent upon general economic conditions, continued demand for its products, the availability of raw materials, retention of its key management and operating personnel, as well as other uncontrollable or unknown factors. |
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