Human Pheromone Sciences Enters Into Agreement to Reposition and Promote its Natural Attraction(R) Brand
September 12 2007 - 2:07PM
PR Newswire (US)
SAN JOSE, Calif., Sept. 12 /PRNewswire-FirstCall/ -- Human
Pheromone Sciences, Inc. (OTC:EROX) (BULLETIN BOARD: EROX) ("HPS"
or "the Company") today announced the signing of an exclusive
Agency Agreement with Brand Intelligence Group, Inc. ("BIG"), to
reposition and promote the Company's Natural Attraction(R) brand,
which contains its proprietary and patented human pheromone
technology. Under the terms of the Agreement, HPS and BIG will work
together to develop a comprehensive program to repackage,
reposition and promote the Natural Attraction brand, in order to
capitalize on the potential strength of the trademark and its
underlying technology. In commenting on the Agreement, an HPS
spokesperson indicated that the Company has been primarily focused
on developing long-term relationships with leaders in the consumer
products arena to incorporate the Company's mood-enhancing
technology in products marketed and sold by such corporate
partners. "While our primary focus has been successful in
attracting industry leaders to incorporate our technology in their
products, we have not focused our Natural Attraction line," said
Bill Horgan, CEO, of the Company. In August of last year, the
Company entered into a License Agreement with a Johnson &
Johnson subsidiary, and most recently signed a non-exclusive
agreement with Schwarkf and Henkel for several hair care lines. The
Company noted that additional product introductions by Licensees
are imminent. BIG is a New York City-based consortium of branding,
communication, licensing and marketing firms specializing in
fragrance, fashion, lifestyle and luxury products. Co-presidents,
Louis Iacovelli and Deborah Moses, are recognized experts in
positioning and repositioning brands. Their collective client
experience in beauty and fragrance include L'Oreal, Estee Lauder,
Givenchy Fragrance, Coty Prestige, Dolce & Gabbana, Vera Wang,
Gianni Versace, Yves Saint Laurent, Moschino, Joseph Abboud, Smash
Box, Urban Decay, Bare Escentuals and Be Fine. Human Pheromone
Sciences, Inc. is a technology-based company, whose proof-of
concept products included prestige-priced fragrances and toiletries
and environmental products sold under the Natural Attraction(R),
REALM(R), innerREALM(R) and EROX(R) trademarks. These products
contain mood-enhancing compounds, whose efficacy has been validated
at leading universities around the world, and whose use is covered
under United States and foreign patents. The Company is also
involved in research and product development efforts on new
compounds that have been previously identified as stimulating the
emotional centers of the human brain. Further information is
available on line at http://www.erox.com/. The statements in this
news release may contain forward-looking statements that involve
risks and uncertainties that could cause results to differ from
predicted results. Further information on factors that could affect
the Company's results is detailed in the Company's annual report to
shareholders on Form 10-KSB for the year ended December 31, 2006,
and Form 10-QSB for the quarters ended March 31, 2007 and June 30,
2007, as filed with the Securities and Exchange Commission. The
Company undertakes no obligation to publicly release the result of
any revisions to these forward-looking statements. DATASOURCE:
Human Pheromone Sciences, Inc. CONTACT: William P. Horgan,
Chairman, CEO of Human Pheromone Sciences, Inc., +1-408-938-3030
Web site: http://www.erox.com/
Copyright