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Bio-One Signs Agreement To Acquire Leading Hispanic Nutritional Supplement Manufacturer.


Business Editors/Health/Medical Writers

ORLANDO, Fla.--(BUSINESS WIRE)--Feb. 10, 2004

Bio-One Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BICO BICO Bicolor ) ("Bio-One" or the "Company") has agreed to acquire a majority interest in a leading private label nutritional supplement manufacturer. The $4 million revenue company has built a reputation for consistent high quality and innovative product development for its clients. This acquisition will provide Bio-One with the opportunity to market branded products to the Hispanic community, which is experiencing rapid growth. The terms of the acquisition include cash, notes and a royalty agreement. Closing of this acquisition is anticipated within the next few weeks. Bio-One 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. , Armand Dauplaise, states, "this acquisition is consistent with our strategy to build a vertically integrated business with manufacturing, distribution and marketing." Mr. Dauplaise concluded by stating, "this will be our third acquisition since September and we are aggressively pursuing candidates that meet our criteria of profitability and revenue growth. We anticipate additional substantive announcements to follow shortly."

Business Summary

Bio-One Corporation was formed to serve the emerging niche of preventive and alternative healthcare through nutritional supplements Nutritional Supplements Definition

Nutritional supplements include vitamins, minerals, herbs, meal supplements, sports nutrition products, natural food supplements, and other related products used to boost the nutritional content of the diet.
. This niche has grown to a multi-billion dollar industry. The market is considered global. The Company's strategy is to build its business through vertical integration of manufacturing, distribution and marketing by selectively acquiring industry leaders in each distribution channel. Bio-One intends to be one of the first to launch its plan by targeting companies under $25 million in annual sales. The Company's home state, Florida, ranks first nationally in per capita [Latin, By the heads or polls.] A term used in the Descent and Distribution of the estate of one who dies without a will. It means to share and share alike according to the number of individuals.  consumption of nutritional supplements and second only to California in total industry sales. Bio-One's goals are threefold: 1) to serve people worldwide who desire vitality vi·tal·i·ty
n.
1. The capacity to live, grow, or develop.

2. Physical or intellectual vigor; energy.
 and longevity longevity (lŏnjĕv`ĭtē), term denoting the length or duration of the life of an animal or plant, often used to indicate an unusually long life. ; 2) to interface a quality and value growth philosophy through the acquisition of selected businesses; and 3) to provide a superior return on investment for Company shareholders.

Bio-One Corporation is committed to its mission of the continuing pursuit of excellence in serving our customers, our suppliers, our team members and our shareholders. Bio-One intends to accomplish its mission and goals through the application of its management philosophy, which is to treat others the way they would want to be treated.

Certain statements released by Bio-One Corporation that are 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.
 are made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other risks detailed in the company's registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
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Publication:Business Wire
Date:Feb 10, 2004
Words:458
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