Synergy Strips Corp. Names New Executive Vice President

 April 30, 2015 - 5:57 PM EDT
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Synergy Strips Corp. Names New Executive Vice President

Synergy Strips Corp. (OTCQB:SNYR), a company that markets and distributes consumer products primarily in the health and wellness industry, today announces today that Luc Vanhal has been named Executive Vice President, Direct to Consumer Division. Based on the company’s growth strategy, and proven success in our retail sector, this role is key to our management team. Vanhal has extensive experience in U.S. and international marketing of health-related products as COO of NAC Marketing, as well as CFO and COO of Guthy-Renker.

“We are pleased to welcome Luc to the Synergy team,” says Jack Ross, CEO, Synergy Strips Corp. “His diverse background in marketing consumer products will be an asset in expanding market share for our various product lines.”

Vanhal holds a master’s of business administration from the University of Leuven, Belgium. Prior to joining Synergy Strips, his background also includes CFO of consumer products for The Walt Disney Company, president and COO of Vivendi Universal Games and COO of Belkin.

Synergy’s acquisition of the FOCUSfactor brand early this year comes after a rare achievement in the nutritional supplement category – a patent on the product’s proprietary formulation. In December 2012, the United States Patent and Trademark Office issued U.S. Patent 8,329,227 covering FOCUSfactor’s proprietary formulation “for enhanced mental function.” The issuance of the patent marked one of the few times a patent has been issued for a nationally branded nutritional supplement.

The issuance of the patent for FOCUSfactor came after a 2011 clinical study report which showed that FOCUSfactor improves memory, concentration and focus in healthy adults. The clinical study of FOCUSfactor was sponsored by Factor Nutrition Labs and was conducted by Cognitive Research Corporation, a full-service contract research organization that specializes in the effects of nutritional supplements and pharmaceutical products on human cognition. The study was conducted in compliance with all applicable country requirements for the conduct of clinical studies, including those outlined by the International Conference on Harmonization, Consolidated Guidelines on Good Clinical Practices, and the Food and Drug Administration.

About Synergy Strips Corp.

Synergy Strips Corp. (OTCQB:SNYR) is a consumer health care company, that is in the process of building a portfolio of best-in- class consumer product brands. Synergy's strategy is to grow its portfolio of both organically and by further acquisition.

About FOCUSfactor®

FOCUSfactor is sold at America’s leading retailers such as Costco, Sam’s Club, BJ’s, Walmart, Walgreens and The Vitamin Shoppe. FOCUSfactor, America’s leading brain health supplement, is a nutritional supplement that includes a proprietary blend of brain supporting vitamins, minerals, antioxidants and other nutrients. In December 2012, the United States Patent and Trademark Office issued US Patent 8,329,227 covering FOCUSfactor’s proprietary formulation “for enhanced mental function.” The issuance of the patent marked one of the few times a patent has been issued for a nationally branded nutritional supplement. FOCUSfactor is clinically tested with results demonstrating improvements in focus, concentration and memory in healthy adults.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. All statements, other than statements of historical facts, regarding management's expectations, beliefs, goals, plans or Synergy’s prospects should be considered forward-looking. Readers are cautioned that actual results may differ materially from projections or estimates due to a variety of important factors, including: Synergy’s ability to integrate the FOCUSfactor product line into its current operations; Synergy’s dependence on third parties for its research and development, manufacturing and distribution functions; Synergy’s dependence on its license relationships; the risks and uncertainties associated with Synergy’s ability to manage its limited cash resources; obtaining additional financing to support Synergy’s operations; protecting the intellectual property developed by or licensed to Synergy for FOCUSfactor; and Synergy’s ability to build its operations to support its business strategy and promote its products. These and other risks are described in greater detail in Synergy’s filings with the SEC, copies of which are available free of charge at the SEC's website (www.sec.gov) or upon request from Synergy. Synergy may not actually achieve the goals or plans described in its forward-looking statements, and investors should not place undue reliance on these statements. Synergy assumes no obligation and does not intend to update these forward-looking statements, except as required by law.

Synergy Strips
Jack Ross, Chairman / CEO
615-939-9004
Jack@synergystrips.com


Source: Business Wire (April 30, 2015 - 5:57 PM EDT)

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