MIAMI, FL--(Marketwired - Apr 21, 2015) - Rejuvel Int'l, Inc. a NASA* Technology Transfer Partner and wholly owned subsidiary of Technology Applications International Corporation (OTCQB: NUUU), creators of REJUVEL 3D Microgravity Cell Renewal Cream, announced today that it is nearing completion of the registration process to conduct business in Saudi Arabia, Kuwait, Qatar and the seven emirates of the UAE including Dubai.
According to the Al Arabiya News, as of July 2012, Gulf nations, particularly Saudi Arabia and the UAE are among the fastest growing cosmetics markets in the world. Sales of skin care products in Saudi Arabia was estimated at $397.2 million in 2010 and are expected to reach $502.9 million by year end 2015. In the UAE, the retail market for skin care products reached $267.4 million in 2011.
John Stickler, Rejuvel's Vice-President stated, "Our worldwide product registration commitment is in full swing. We're very excited to be entering the Middle East through Saudi Arabia and the UAE, two countries that lead the entire region in sales and growth in the retail skin care market."
Rejuvel Int'l, Inc.'s REJUVEL 3D Microgravity Cell Renewal Cream is made possible because of the company's exclusive agreements to use NASA's bioreactor technology, *licensed from the National Aeronautics and Space Administration and Administrators of the Tulane Educational Fund under U.S. Patent Nos. 6,730,498 and 6,485,963 B1 and 6,673,597 B2, for topical cosmetics and hair care products. REJUVEL 3D anti-aging products are created in simulated microgravity, in NASA developed bioreactors, and promote the body's own healing mechanisms. For more information on NASA's technology transfer agreement with Rejuvel Int'l, Inc. click here.
Rejuvel is continuing to grow its worldwide product registration commitment as well as expanding its distribution networks.
Rejuvel Int'l, Inc. and NueEarth, Inc. are wholly owned subsidiaries of Technology Applications International Corporation, a public company, trading symbol NUUU.
Rejuvel Int'l, Inc.'s REJUVEL 3D Microgravity Cell Renewal Cream was recently included in the 2015 Oscars Gift Bags, presented to Oscar nominees and was also displayed and discussed by Bill Maher on his weekly HBO television show. The company continues to air its 15 and 30 second television commercials in Miami its home market and now expanding into other U.S.A. cities. For more information on REJUVEL 3D please visit www.nuuustock.com or www.rejuvel.com.
REJUVEL products are also "Space Certified" and are recognized by the Space Foundation as technology that has been developed in outer space. The Space Foundation seal will appear on all of Rejuvel's products.
Rejuvel Int'l, Inc. is a "cruelty free" company. As a member of the "Leaping Bunny" program (http://www.leapingbunny.org/), the company does no animal testing in any phase of product development either directly or indirectly through their laboratories or suppliers.
NueEarth, Inc. is engaged in the development of environmental solutions using electron particle beam technology (E-Beam). The E-Beam works by using an electron beam particle accelerator unit that creates high-energy electrons, which produce free radicals leading to decomposition of organic compounds (pollutants). The Company plans to develop various applications to use the E-Beam technology for removal of pollutants from waste water, drinking water, municipal sludge, fracking liquids and other applications for environmental concerns as well as incorporating this technology to develop a proprietary system to be applied in the creation process of future Rejuvel cosmetics and hair care products.
The Company will update their shareholders and the public on future roll-out cities and other company developments through additional press releases.
For more information about NUUU please visit the corporate websites at: www.nuuustock.com and www.rejuvel.com.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of success. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof.
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