HealthSport, Inc. Announces Issuance of Mexican Patent
OXNARD, Calif., Feb. 3 /PRNewswire-FirstCall/ -- HealthSport, Inc. (OTC Bulletin Board: HSPO), the preeminent formulator and developer of edible, multi-layer film strips that deliver drug and dietary supplement actives through buccal and sublingual absorption as well as oral ingestion, announced today that the Mexican Institute of Industrial Property has approved HealthSport's patent application relating to its bi-layer edible film strip technology.
The patent issuance opens the door for sales and distribution into Mexico, and is expected to accelerate HealthSport's move into the international marketplace. The Mexican market for OTC drugs is larger than that of China and is a natural next step into international sales and distribution of HealthSport's products.
The issuance of the Mexican patent also strengthens HealthSports's commitment to develop products based on it's next-generation drug delivery technology.
"We have long recognized the unique value that our film strip technology can provide to consumers through a number of different products, and the recently issued Mexican patent reinforces this belief, further demonstrating the proprietary nature of our technology."
HealthSport currently has seven additional patent applications pending in the U.S. and several other countries.
About HealthSport, Inc.
HealthSport, Inc. (www.healthsportinc.com) is a fully integrated developer, manufacturer and marketer of unique and proprietary branded and private label edible film strip nutritional supplement and over-the-counter drug products. HealthSport's wholly-owned subsidiary, InnoZen, Inc. (www.innozen.com), is the preeminent formulator, developer and manufacturer of edible film strips that deliver drug or dietary supplement actives through buccal (between the cheek and gum) absorption as well as normal ingestion. InnoZen's proprietary edible film strip delivery technology is superior to any other competitive, edible film strips currently available on the market. InnoZen has five patents pending and has developed numerous trade secrets which it incorporates in the development and manufacturing process of its edible film strip products.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
SOURCE HealthSport, Inc.