(via Thenewswire.ca)
VANCOUVER, BRITISH COLUMBIA / TheNewswire / June 22, 2015-Naturally Splendid Enterprises Ltd. (the "Naturally Splendid" or "NSE") (FRANKFURT:50N) (TSX VENTURE:NSP) (OTC:NSPDF) is pleased to provide the following overview on the recently acquired P OS BPC Facility.
The P OS Bio Processing Centre (BPC) provides toll or custom processing on a contract basis for the nutraceutical, medical, natural health, cosmetic and agri-food industries. The facility has a wide range of wet processing equipment used to carry out extraction and/or fractionation of many different biological materials.
The Bio Processing Centre operates on a fee for service basis to fulfill custom processing needs.
The Bio Processing Centre has a site license under Health Canada's Natural Health Product Directorate. The site license requires compliances with Good Manufacturing Practices and Quality Assurance supervision of all processing. The Bio Processing Centre also operates under the kosher supervision of the Orthodox Union.
P OS Bio-Sciences CEO Dale Kelly reports, "Presently, there is a regular production run for a cosmeceutical company at the facility. We have worked with this client for several years and they typically contract P OS BPC up to six (6) times per year. Depending on the client and nature of the services, the facility has generated in excess of $350,000 CDN per week in fees. We are presently negotiating with a number of clients for production services at BPC; a facility P OS acquired in April 2014, previously P OS was a client for 10 plus years. Our objective is to secure three, maybe four premium clients that utilize 100% of the facility when we are not focusing on specific runs for Naturally Splendid's HempOmega(TM), their other plant products, or runs of the bio-active ingredients they have secured exclusive rights
Naturally Splendid Vice President of Operations Bryan Carson reports, "Securing the processing capacity at P OS BPC is only the tip of the iceberg. The expertise that P OS has developed over the past40 years is invaluable. There are no other organizations in Canada or the US that are focused on providing the ingredient manufacturers with the P OS's scope of services and the scale of operation. The P OS client list is very impressive and it is anticipated that many of the P OS Bio-Science clients will become clients of the processing services at P OS BPC".
P OS Bio-Sciences CEO Dale Kelly adds, "In a 2011 consultative report that P OS commissioned it was discovered the majority of companies do not have formal innovation/commercialization systems in place, often leading to inefficiencies and poor results in the competitive market. These businesses will benefit from P OS's guidance right though the toll processing services at P OS BPC. Industry research by the consultants has shown that P OS provides expertise and capabilities needed by businesses during all Stages of the new product/technology development process; especially at those Stages just prior to full commercialization. This is unique among the agri-sector R&D technology centres and has the potential to generate significant interest from a wide range of market segments including human food and cosmeceuticals; neutraceuticals; pet food and pet neutriceuticals and the animal feed industry".
Naturally Splendid CEO Craig Goodwin summarizes, "The acquisition of P OS BPC compliments and enhances the existing opportunities being developed by Naturally Splendid. With this facility, we have the ability to provide products and services for several markets including the robust health and wellness markets whether that is for humans, pets or in the area of animal feed. We look forward to servicing the existing clientele and the opportunity to expand that client base".
About Naturally Splendid Enterprises Ltd.
Naturally Splendid is a multifaceted biotechnology company that is developing, producing, commercializing, and licensing an entirely new generation of plant-derived, bioactive ingredients, nutrient-dense foods, and related products. Naturally Splendid is building an expanding portfolio of patents (issued and pending) and proprietary intellectual property focused on the commercial uses of industrial hemp and non-psychoactive cannabinoid compounds in a broad spectrum of applications. Naturally Splendid currently has four innovative divisions: (1) Natera(TM) brand of retail hemp superfood products; (2) PawsitiveFX(TM) brand of pet care products; (3) BCI(TM) division of plant-derived bulk ingredients including patent-pending HempOmega(TM); and (4) hemp-based cannabinoid pharmaceuticals and nutraceuticals. The Company's advanced technologies, industry expertise, and strategic partners allow for the creation of customized solutions with a consistent focus on quality and sustainability.
www.naturallysplendid.com
About P OS Bio-Sciences(www.p os.ca)
P OS Bio-Sciences specializes in the creation of value added products from biological materials, for uses in food supplements, nutraceuticals, cosmetics, biofuels, and medical devices. P OS Bio-Sciences provides research and development services to hundreds of companies from around the world who are looking to develop and commercialize processes for extracting, fractionating, modifying, and/or purifying valuable components of biological materials. The facilities used by P OS Bio-Sciences allow for on-site analytical testing as well as trials at lab scale, mini-pilot plant scale, and pilot scale. P OS Bio-Sciences also provides custom and toll processing services to companies that require a back-up manufacturer, an interim manufacturer while in the process of building their own production facilities, and companies that do not wish to invest in their own production facilities.
All P OS Bio-Sciences processes are GMP-compliant and fully supported by quality assurance, commitment to regulatory compliance, and certification to international standards. P OS Bio-Sciences also offers a suite of support services to assist clients and ensure that project outcomes meet their needs and expectations.
P OS Bio-Sciences is a registered business name of P OS Management Corp.
For more information e-mail info@naturallysplendid.com or call 604-673-9573
On Behalf of the Board of Directors
J. Craig Goodwin
CEO, Director
Contact Information
Naturally Splendid Enterprises Ltd.
(NSP - TSX Venture; NSPDF - OTCQB; 50N Frankfurt)
2435 Beta Avenue
Burnaby, BC, V5C 5N1
Phone: (604) 570-0902
Fax: (604) 570-0934
E-mail: info@naturallysplendid.com
Website: www.naturallysplendid.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Naturally Splendid cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Naturally Splendid's control. There is no guarantee that Naturally Splendid's plans will be found to be commercially viable; Naturally Splendid's ability to compete with large food and beverage companies; sales of any products developed will be profitable; and the risk that any of the potential applications may not receive all required regulatory or legal approval. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Naturally Splendid undertakes no obligation to publicly update or revise forward-looking information.
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