PacificHealth Laboratories Announces Board Resignations
19 Juillet 2010 - 5:17PM
Business Wire
PacificHealth Laboratories, Inc. (OTCBB: PHLI), a nutrition
technology company, today announced the resignation of two of its
six directors effective June 30, 2010. The two directors, Adam
Mizel and David Portman, have served the Company well but both are
involved in activities that are occupying the bulk of their time
and felt the decision-making aspects of the board at PHLI could be
streamlined by reducing the members of the Board by a third.
Fred Duffner, President of PacificHealth Laboratories said,
“PHLI has gained immeasurably from the advice and counsel of Adam
and David and the Company is pleased to know both will be available
to help the Company despite their departure from the Board of
Directors.”
About the
Company:
PacificHealth Laboratories, Inc. (PHLI.OB), a leading nutrition
technology company, has been a pioneer in discovering, developing
and commercializing patented, protein-based nutritional products
that stimulate specific peptides involved in appetite regulation
and that activate biochemical pathways involved in muscle
performance and growth. PHLI’s principle areas of focus include
weight loss, management of Type 2 diabetes and sports performance.
To learn more, visit www.pacifichealthlabs.com.
Notice: This news release and oral statements made from time to
time by Company representatives concerning the same subject matter
may contain so-called "forward-looking statements". These
statements can be identified by introductory words such as
"expects", "plans", "will", "estimates", "forecasts", "projects" or
words of similar meaning and by the fact they do not relate
strictly to historical or current facts. Forward-looking statements
frequently are used in discussing new products and their potential.
Many factors may cause actual results to differ from
forward-looking statements, including inaccurate assumptions and a
broad variety of risks and uncertainties, some of which are known,
such general economic conditions, consumer product acceptance and
competitive products, and others of which are not. No
forward-looking statements are a guarantee of future results or
events, and one should avoid placing undue reliance on such
statements.
PacificHealth Laboratories (CE) (USOTC:PHLI)
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