Baywood's Sales Increases Continue Through First Quarter 2000.Business Editors/Health and Medical Writers SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 2, 2000 Baywood International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BYWD) announced first quarter 2000 sales of $360,000, an 850% increase over the same period in 1999 and a 29% increase over the fourth quarter 1999. The Company attributed the continued sales increases to the increasing distribution of the company's PURECHOICE(TM) and SOLUTIONS(TM) lines into health food and independent pharmacy 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 channels and their increased acceptance amongst consumers. "We are certainly pleased with our continued success in the retail channels through the first quarter of 2000 which are the result of new and existing customers reordering 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. our products," Neil Reithinger, President & C.E.O. stated. "Additionally, it is important to note that the effect of our roll-out into GNC GNC General Nutrition Centers GNC Gas Natural Comprimido (Argentina) GNC Guidance, Navigation, and Control GNC Grand National Championship (ATV racing) GNC Global Navigation Chart in the West Coast will affect second and coming quarters in 2000. Our first quarter mainly consisted of sales within health food and pharmacy channels where we continue to add new retail customers," he further noted. 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, pharmacies, grocery stores, Vitamin World Vitamin World, one of the major brands owned by NBTY,[1] is a manufacturer of vitamins and nutritional supplements distributed in retail stores in the United States. Vitamin World has roughly 450 retail stores throughout the U.S. , GNC, CVS/pharmacy and other direct-to-consumer channels both internationally and domestically. Contact Baywood International, Inc. at 1-888/350-0799 for more information or visit www.bywd.com. 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 risks, uncertainties or other factors that could cause actual results to differ materially 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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