Sonic Media Corporation Completes Acquisition of Global Botanics Inc., Including Patents for Natural Treatment of Herpes & Other Viral Infections.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--March 25, 2004 Sonic Media Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SMED SMED Single Minute Exchange of Dies SMED Spondyloepimetaphyseal Dysplasia, Strudwick Type : "Sonic") today announced the acquisition of Global Botanics, Inc. (GBI GBI Georgia Bureau of Investigation GBI Green Building Initiative GBI Ground Based Interceptor GBI Grand Bahama Island GBI Green Bank Interferometer GBI Generic Bus Interface GBI Gain By Inventory GBI Garrett Bureau of Investigation ), a company that has patented processes involving the use of a natural plant extract to treat genital herpes Genital Herpes Definition Genital herpes is a sexually transmitted disease caused by a herpes virus. The disease is characterized by the formation of fluid-filled, painful blisters in the genital area. and other viral infections. Genital herpes alone afflicts one out of four women and one out of five men in North America, representing some 55 million individuals. GBI, now a wholly owned Sonic subsidiary, is the exclusive supplier of a resin extract called Virastatin(TM) that is derived from Larrea Tridentata Larrea tridentata, n See chaparral. , a desert shrub indigenous to the southwestern U.S. and northern Mexico. Virastatin is the only patented, natural product on the market targeting herpes anti-viral treatment, and the only Larrea-based product that is readily absorbed into the digestive tract digestive tract n. See alimentary canal. Digestive tract The organs that perform digestion, or changing of food into a form that can be absorbed by the body. for maximum results. Under a share exchange with GBI's two main shareholders, Sonic acquired GBI's four U.S. patents, the resin extraction production rights, and worldwide licensing and marketing privileges to Virastatin. Revenues are expected from the sale of Virastatin to multiple licensees, royalties on products sold by licensees, and potential licensing of the extract for use in over-the-counter pharmaceutical products and possible development of ethical drugs. Virastatin has undergone 18 years of research and development, including nearly eight years of informal consumer testing during which more than 3,500 users heard about preliminary products based on the substance through word of mouth. Open, multicenter studies of oral and topical Virastatin conducted in 1996 indicate an overall 97.8% success rate in healing genital herpes and shingles lesions in patients whose immune systems are not compromised. In addition, no adverse effects were reported from sponsored in vitro and in vivo animal studies, the open clinical studies, or from consumer use reports. The first six commercially available products based on Virastatin were introduced late last year by LarreaRx, Inc., a non-exclusive licensee. The products include dietary supplements, cold sore lotions and penetrating sprays sold under the Virox and Shegoi brand names. Virox products are currently distributed through Tree of Life, United Natural Foods Incorporated and Select Nutrition in the U.S. and London Drugs, 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 , Overwaitea, Whole Foods and Thrifty in Canada. Shegoi products are marketed through direct marketing channels. The four GBI patents (U.S. patents 5,837,252; 5,945,106; 6,004,559; and 6,039,955) cover methods of extracting the Larrea Tridentata resin as well as the use of the extracts for treating human herpes viruses, symptomatic herpes lesions and inflammatory disease conditions. All four patents were issued between 1998 and 2000. The patent claims related to herpes treatment encompass cold sores (herpes simplex 1), genital herpes (herpes simplex 2), shingles (herpes simplex 3), Epstein-Barr virus/chronic fatigue syndrome (human herpes virus 4), cytomegalovirus cytomegalovirus (sī'təmĕg'əlōvī`rəs), member of the herpesvirus family that can cause serious complications in persons with weakened immune systems. (human herpes virus 5), roseoloviruses (human herpes viruses 6 and 7), and Kaposi's sarcoma (herpes virus 8). GBI is pursuing pending patent applications in the U.S. and other Patent Cooperation Treaty The Patent Cooperation Treaty (PCT) is an international patent law treaty, concluded in 1970. It provides a unified procedure for filing patent applications to protect inventions in each of its Contracting States (see Accession section below for current membership countries/territories, such as Australia, EU and Japan, which expand on the patented technologies. About Sonic Media Corporation Sonic Media Corp is engaged in the industrial field of applied biosciences research and development. The company also participates in the retail sector with worldwide distribution of nutriceutical and cosmiceutical products. The company currently obtains its revenues from a number of products containing a patented ingredient that is derived from the oldest living plant on earth, Larrea Tridentata. These products, currently protected by four United States patents with additional U.S. and international patents pending, have demonstrated results in treating herpes virus conditions; inflammatory conditions, including arthritis, sinusitis sinusitis Inflammation of the sinuses. Acute sinusitis, usually due to infections such as the common cold, causes localized pain and tenderness, nasal obstruction and discharge, and malaise. , gastrointestinal disorders, psoriasis; and various microbial microbial pertaining to or emanating from a microbe. microbial digestion the breakdown of organic material, especially feedstuffs, by microbial organisms. and fungal conditions. The company plans to become the world leader in the industrialization industrialization Process of converting to a socioeconomic order in which industry is dominant. The changes that took place in Britain during the Industrial Revolution of the late 18th and 19th century led the way for the early industrializing nations of western Europe and and commercialization of Larrea for a wide range of health and consumer products. The company is currently undergoing a name change to better represent its core business. Forward-Looking Statement Any statements contained herein that are not historical facts are forward- looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, and involve risks and uncertainties. Potential factors could cause actual results to differ materially from those expressed or implied by such statements. Information on the potential factors that could affect the Company's actual results of operations is included in its filings with the Securities and Exchange Commission. These risks may be further discussed in periodic reports and registration statements to be filed by the Company from time to time with the Securities and Exchange Commission in the future. |
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