Desert Health Products Inc. to Offer More Health Products Worldwide.Business Editors/Health & Medical Writers SCOTTSDALE, Ariz.--(BW HealthWire)--Aug. 16, 2000 Desert Health Products Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : DHPI DHPI Desert Health Products, Inc. (alternative medicine) ) Wednesday announced that it has entered into an agreement in principal with Everfill Inc. to market and deliver via the Internet Everfill's health products and custom formulations, including pharmaceuticals. The agreement, when formalized for·mal·ize tr.v. for·mal·ized, for·mal·iz·ing, for·mal·iz·es 1. To give a definite form or shape to. 2. a. To make formal. b. will greatly extend DHPI's reach in the worldwide market and introduces its customers to a wide range of medical supplies, over-the-counter products and prescription drugs prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug, . Everfill Inc. is an early stage business-to-business Internet company. Using its proprietary technology Everfill enables electronic commerce-based ordering and provides fulfillment of medical supplies, over-the-counters and pharmaceuticals from its state-of-the-art automated pharmacies and warehouse operations. Orders are shipped directly to the end users. All demographic and transaction information on every order is captured in an Online Data Store (a data warehouse) and is made available on a depersonalized basis for data mining by pharmaceutical manufacturers, managed care organizations and others in the healthcare field. DHPI is an international distributor of nutrition and dietary supplements 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 . DHPI has implemented a global commercialization strategy for its diversified line of nutritional products. DHPI strives to give the customer the best quality vitamins and minerals at the most competitive prices. The agreement in principal provides that DHPI and Everfill will execute a formal agreement setting forth the terms and conditions of the relationship and in particular specifying the basis of revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. which will occur as the result of sales generated from DHPI's commercialization strategy for the products. 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. Statement: Except for historical information, the matters set forth herein, which 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. , involve certain risks and uncertainties that could cause actual results to differ. Potential risks and uncertainties include, but are not limited to: any perceived or actual benefits of the agreement in principal, including the completion of the transaction, the market acceptance and amount of sales derived from the company's operations, the competitive environment within the nutrition and dietary supplement industry, and the market acceptance and successful technical and economic implementation of the company's operations as relates to Everfill's products. |
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