PacificHealth Laboratories Promotes Fred Duffner, Current President, to CEO and President
31 Août 2010 - 4:26PM
Business Wire
PacificHealth Laboratories, Inc. (OTCBB: PHLI), a nutrition
technology company, today announced that Fred Duffner has been
promoted to CEO and President reporting directly to the Board of
Directors. Mr. Duffner had previously been named President in
January 2010.
Fred Duffner, CEO and President of PacificHealth Laboratories
said, “We have made great progress this year refocusing the company
on its core brands in sports nutrition, reducing expenses and in
building our cash position. I believe PHLI is now in a position to
take back its leadership position in the category and begin to lead
with new innovation and consumer messaging. I am hopeful to be able
to share these plans in the near future. I would like to thank the
board for its support of this new direction and in increasing my
responsibilities to include the role of CEO.”
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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