VANCOUVER AND
MESA, AZ, Aug. 28, 2012 /PRNewswire/ - Asantae Holdings
International Inc. (TSXV: JVA, OTC PINK: ASNHF) ("Asantae" or the
"Company"), a producer and marketer of innovative nutritional
products through a network of independent distributors, today
announced its subsidiary, Asantae Distribution Canada, has received
a Health Canada License for its weight loss supplement,
RealW8™.
Hon. John Reynolds,
Asantae's Chairman, stated, "With the outstanding sales performance
of RealW8™ in the US, we are extremely pleased that Health Canada
has issued the Company this National Health Products License.
We take the safety, quality, and efficacy of our products very
seriously and are proud of our team for their diligent work."
Dr. Lundell, RealW8™ formulator, commented, "RealW8
is effective because it addresses the real cause of weight gain
and the many associated heath consequences. We are excited
to be sharing the success of RealW8 with the Canadian market."
About Asantae
Asantae Holdings International Inc. (www.asantae.com) is a producer
and marketer of innovative nutritional products through a network
of independent distributors (Asantae Independent Affiliates).
Asantae's flagship product RealW8™ addresses the primary threat to
public health in the industrialized world; overweight and
obesity. Asantae's approach to this threat is based on a body
of research related to the brain chemistry of addiction, chronic
low-grade inflammation and oxidative stresses which, according to
scientific and medical research, are the underlying conditions for
most modern epidemic diseases (obesity, heart disease, diabetes,
stroke, some cancers, etc.). According to Market data Enterprises,
Inc., the U.S. weight loss market alone is estimated at
$60.9 billion per year.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Forward Looking Statements - Certain information in
this news release is forward-looking within the meaning of certain
securities laws, and is subject to important risks, uncertainties
and assumptions. This forward-looking information includes, among
other things, information with respect to the Company's beliefs,
plans, expectations, anticipations, estimates and intentions,
including the listing and trading of the Company's common shares on
the Exchange. The words "may", "could", "should", "would",
"suspect", "outlook", "believe", "anticipate", "estimate",
"expect", "intend", "plan", "target" and similar words and
expressions are used to identify forward-looking information. The
forward-looking information in this news release describes the
Company's expectations as of the date of this news release.
The results or events anticipated or predicted in such
forward-looking information may differ materially from actual
results or events. Material factors which could cause actual
results or events to differ materially from such forward- looking
information include, among others, the Company's ability to develop
new products which will receive market acceptance, to receive
market acceptance in new markets outside the United States, to engage and retain
qualified key personnel, employees and affiliates, to obtain
capital and credit and to protect its intellectual property
rights.
The Company cautions that the foregoing list of
material factors is not exhaustive. When relying on the Company's
forward-looking information to make decisions, investors and others
should carefully consider the foregoing factors and other
uncertainties and potential events. The Company has assumed a
certain progression, which may not be realized. It has also assumed
that the material factors referred to in the previous paragraph
will not cause such forward-looking information to differ
materially from actual results or events. However, the list of
these factors is not exhaustive and is subject to change and there
can be no assurance that such assumptions will reflect the actual
outcome of such items or factors.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS
NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE
DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE
AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON
FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS
INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO,
IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR
TIME.
SOURCE Asantae Holdings International, Inc