IGI ANNOUNCES REVLON LAUNCH OF 'RESULTS' LINE INCORPORATING IGI TECHNOLOGY; INITIAL SHIPMENT OF APPLY AND DRY TO JACK ECKERD DRUG CO.
BUENA, N.J., July 30 /PRNewswire/ -- IGI, Inc. (AMEX: IG) today announced developments relating to REVLON and APPLY and DRY(TM). Revlon: Revlon has just launched five new products for their "Results" line which incorporate IGI's Novasome(R) technology. "Results" products are expected to be shipped to over 10,000 drug stores and mass volume retailers in late August 1993. Revlon's News Release entitled "Scientific Advances Create New Skin Treatments" said: "The encapsulated ingredients are contained in microscopic Novasome(R) spheres...to allow for maximum product penetration and benefits. The encapsulated ingredient formulations afford 8 hours of fresh, gentle, continuous treatment, since the spheres slowly dissolve as they interact with the skin." Revlon is expected to support the "Results" line with a national advertising and marketing campaign by the fourth quarter, 1993. Jack Eckerd Drug Company: IGI today reported it had sent the Jack Eckerd Drug Company initial shipments of IGI's APPLY and DRY products for distribution to Eckerd drug stores nationwide. These products incorporate IGI's patented Ultrasponge(TM) hydrogel technology. APPLY and DRY, a "no water needed" line of home health care products including skin cleansers, shampoos and shaving gel, has already been used by our troops in Operation Desert Storm and was sent to Florida in the aftermath of Hurricane Andrew as well as to UNICEF for the children of Sarajevo for emergency relief efforts. Eckerd is the first major drug store chain to promote a "no water needed" personal cleansing system. IGI is a diversified company engaged in the development, production and marketing of animal care products, cosmetics, consumer products and human pharmaceuticals. -0- 7/30/93 /CONTACT: Michael Dodge of IGI, 609-697-1441, or Steven Bruce or Rick Stockton of Abernathy/MacGregor/Scanlon, 212-371-5999, for IGI/ (IG)
CO: IGI, Inc.; Revlon; Jack Eckerd Drug Company ST: New Jersey IN: HOU SU:
LG-MP -- NY050 -- 7830 07/30/93 14:39 EDT
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|Date:||Jul 30, 1993|
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