Bond Laboratories, Inc. (OTCBB:BNLB) (“Bond Labs”), an international provider of innovative and proprietary nutritional supplements for health conscious consumers marketed primarily through its wholly owned operating division, NDS Nutrition Products (“NDS”), continues to expand the Company’s presence internationally. In April the Company announced that NDS had received its first International Purchase Order to supply product for the Australian GNC® franchise locations. By the end of June, NDS communicated that they had further expanded the Company’s international footprint to include franchise locations in Spain.
“Our expansion efforts continued with the addition of two new countries during the third quarter,” stated Bond Labs CEO, John S. Wilson. “With two more recent additions NDS now has franchise locations in a total of six countries; the top four including Australia, Spain, Panama and the UAE.”
“Our relationship with GNC International allows us to further our growth strategy of increasing the number of retail outlets selling NDS products while continuing to introduce new products into our distribution system. NDS currently markets 47 products to over 900 GNC franchise locations domestically, and up to 10 products internationally to GNC franchise locations in six countries. While not yet a material component of revenue, we anticipate that continued international expansion will be a major driver of future growth,” concluded Mr. Wilson.
About Bond Labs
Bond Laboratories is a manufacturer of innovative nutritional supplements. The Company produces and markets products through its NDS Nutrition division. NDS’ products number over 47 brands of energy, sports and dietary supplements. These products are sold directly through specialty health and nutrition retailers, including top-selling products at GNC® franchises. Bond Labs is headquartered in Omaha, Nebraska. For more information, please visit http://www.bond-labs.com.
Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause the Company’s actual results in future periods to be materially different from any future performance that may be suggested in this news release. Such factors may include, but are not limited to: the ability to of the Company to continue to grow revenue; the Company’s ability to continue to achieve positive cash flow given the Company's existing and anticipated operating and other costs; and the outcome of the Company’s pending litigation with the U.S. Department of Labor and our former President alleging violations of certain unlawful employment practices in connection with his separation from the Company. Many of these risks and uncertainties are beyond the Company's control. Reference is made to the discussion of risk factors detailed in The Company’s filings with the Securities and Exchange Commission, including its reports on Form 10-K and 10-Q. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the dates on which they are made.