Bond Labs Reports Increase in International GNC Locations
NDS and SirenLabs Products Now Marketed to over 900 GNC Franchise Locations Worldwide
OMAHA, Neb.--(BUSINESS WIRE)-- 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") (www.ndsnutrition.com), reports that the Company has significantly increased the number of GNC® franchise locations selling its products worldwide over the past six months.
"As of December 31, 2012, we reported that Bond Labs marketed products to over 800 GNC franchise locations nationwide," stated John Wilson, Bond Labs' Chief Executive Officer. "I am pleased to announce that during the first six months of 2013 the Company has increased its footprint from 47 to 110 GNC franchise locations internationally and added several new products to our worldwide distribution system. We anticipate doubling that number of international locations by the end of the year while simultaneously increasing the number of products sold in each of those stores."
"We have made a significant investment in our international growth strategy to date and based on the increase in the number of GNC retail outlets selling our products we are beginning to see results," continued Mr. Wilson. "As you can imagine, there is a significant lag time between receiving the initial order and making the expenditures necessary to enter into another new market. While the benefits of these investments may not yet be evident in our current revenue numbers, we anticipate that continued international expansion will be a major driver of future growth."
"International expansion will continue to be a key strategic element of Bond's long-term growth plan. With GNC recently reporting that they are continuing to expand their global presence, we will strive to further strengthen our relationship so that we can capitalize on future expansion opportunities," concluded Mr. Wilson.
About Bond Labs
Bond Laboratories is a manufacturer of innovative and proprietary nutritional supplements for health conscious consumers marketed primarily through NDS Nutrition Products ("NDS"), a wholly owned operating division. NDS sells over 50 different dietary supplements to promote sports nutrition, improved performance, weight loss and general health exclusively to 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.
For Bond Laboratories, Inc.
Surety Financial Group, LLC
Bruce Weinstein, 410-833-0078
KEYWORDS: United States North America California Nebraska
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