HOBOKEN, New Jersey, April 27, 2017 /PRNewswire/ --
Natural Products, Inc. a wholly owned subsidiary of LTS Nutraceuticals Inc. (OTC: LTSN) today announced that they have inked a deal with NutriData of California to develop a high energy supplement specific for gamers of the esports sector. They will also handle FDA Compliance for the finished product labeling.
The staff of NutriData in conjunction with Natural products will develop the formula that will be original and exclusive to Natural Products. The supplement will focus on increasing focus, energy, faster reaction time, clearer thinking, endurance and will be sugar free with minimal calories.
The world of professional gaming has continued to become bigger and bigger and gamers are turning to supplements to gain an advantage. There are many tournaments offering hundreds of thousands of dollars if not millions as top prizes. When there is money on the line, many gamers will do whatever it takes to gain an advantage to win the top prize.
Esports will break a billion dollars in revenue for 2017 on a global basis per Business Insider and expected to reach 1.5 Billion dollars by 2020. The supplement market is expected to reach 68 billion dollars by 2024. According to ESPN there are 55 million active users with 100 million unique viewers per month. The company has elected to develop a line of supplements for this sector as a natural fit alongside its recently acquired digital network.
Established in 1993, NutriData was formed for the growing need for professional, cost effective nutrition analysis and labeling services. Under the direction of Carol Pirrone, Registered Dietitian, M.S., and member of the American Dietetic Association, NutriData pioneered the industry with professional analysis and nutrition labeling.
About LTS Nutraceuticals Inc.
Headquartered in Hoboken, NJ, LTS Nutraceuticals Inc. is a health & wellness holding company engaged in acquiring existing companies within the sector of nutraceutical and organic products. We also develop our own branded products, develop brand identity; assist in arranging for contract manufacturing, fulfillment and marketing.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
SOURCE LTS Nutraceuticals Inc.