MusclePharm Corporation (OTCBB:MSLP) announced the shipment of $1.4 million of multiple MusclePharm products from its new manufacturing partnership in the past six weeks.
MusclePharm’s multiple products have expanded into 1,200 of the top GNC stores in the United States, as well as over 450 Vitamin Shoppe stores. MusclePharm’s award-winning products — Assault, Battle Fuel, Bullet Proof, Combat Powder, Recon and Shred Matrix—are also available online at gnc.com, bodybuilding.com, amazon.com and many other locations.
Previously, MSLP was announced an exclusive distribution contract with PSI Distribution, a leading supplement distributor in Australia and New Zealand, which will be worth $2 million in annual sales, allowing MusclePharm to expand into the Australian market and continue to grow as an international brand.
MSLP’s products offer up to twice as much of the active ingredients per serving as competing products and incorporate a proprietary mix of ingredients not available elsewhere, such as Suma root– the “Russian Secret.” Suma is a natural, performance-boosting, strength-and muscle-building herbal derivative that has been used for years by top Russian athletes.
MSLP is up for Five Bodybuilding.com Supplement Award Nominations that include: Breakout Brand of the Year, Recovery Product of the Year (Re-Con), Pre-Workout Product of the Year (Assault), Best New Supplement of the Year (Bullet Proof), and Best Packaging of the Year.
At last, MSLP retained ICR, Inc., as its investor relations consulting partner.
More about MSLP at: www.musclepharm.com
Retalix® Ltd. (Nasdaq:RTLX) announced today the appointment of Avi Naor, a member of Retalix’s board of directors, to chairman of the board. The appointment follows Eli Gelman’s request to step down from the chairman of the board position to carry out his responsibilities as the new CEO and president of Amdocs. Gelman will continue to serve as a member of the board of directors of Retalix. Naor and Gelman are members of the Alpha Group and joined Retalix’s board of directors in 2009, when the Alpha Group acquired a 20% share in the company and entered into a shareholder agreement with the FIMI Fund. Naor’s appointment will take effect in the first quarter of 2011.
Avi Naor commented, “I am excited by the opportunity to serve as the chairman of the board of directors, which will continue to guide Retalix in the direction outlined by the Alpha Group. Since the Alpha Group joined the Company, we have been implementing our strategy in an orderly and steady manner and are satisfied with the pace and depth of the development. On behalf of Retalix’s board, I would like to thank Eli Gelman for his meaningful leadership and contribution until now. Eli will continue to serve on the board and provide his knowledge, experience and professionalism for the benefit of Retalix. We wish him great success in his new responsibility as CEO and president of Amdocs.”
More about RTLX at: www.retalix.com
Sigma Designs (Nasdaq: SIGM), a leading provider of System-on-Chip (SoC) solutions used to deliver entertainment and control throughout the home, will be showcasing to the company’s many innovations at IBC2010. Sigma Designs will be demonstrating cutting-edge technologies in media processing, home entertainment networking, and home control in its suite, located in the Balcony Suite BM24, on the Mezzanine Level, Hall 1.
Sigma will also showcase its popular Z-Wave solutions for home control. Through the widest ecosystem of devices available to consumers today, Z-Wave technology helps service providers increase Average Revenue Per Unit (ARPU) and net profits by enabling new services in home control, security, and energy management. Sigma’s Z-Wave solutions put home control in the palm of consumers’ hands. The demonstration will be a chance to test drive real-world applications — using Z-Wave to monitor and manage energy use, home entertainment systems, lighting and appliance control, HVAC systems, security, and access control for a home — all from a smart phone.
More about SIGM at: www.sigmadesigns.com
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