Surgex Selected as the Nutritional Supplement of The National Volleyball League (NVL) Inergetics and NVL Agree to Exclusive Two Year Sponsorship, Marketing, Sales and Distribution Agreement
PARAMUS, N.J., May 17, 2012 /PRNewswire/ -- Inergetics, Inc. (OTCBB: NRTI), announces that the Company's Surgex nutritional product line was selected to be the nutritional supplement of the National Volleyball League (NVL).
Under our two year category exclusive agreement, Inergetics will provide its current and expanded nutritional supplement line to the NVL and its players. The NVL will host six major events this year starting May 19 in the infield of the Preakness Stakes. The #1 ranked beach volleyball team in the world and defending Gold Medalists Todd Rogers and Phil Dalhausser will compete along with 2012 Olympians April Ross and newly announced Cover Girl Jenn Kessy. NBC has confirmed filming this high profile event where over 100,000 people will be in attendance.
Under this agreement players in the NVL will be incentivized to not only use the Surgex product line, but distribute it to other institutions and their global fan base on a direct marketing and sales platform basis.
Mark Mirken, CEO and Chairman of Inergetics, stated, "This is the first transaction of its kind where a professional sports league consisting of the world's greatest volleyball players engaged in such a financially reciprocal relationship. Our ability to develop relationships with the league's players, have them experience the product line's benefits firsthand and then engage directly in the marketing and sales of Surgex is a very valuable asset and the NVL will generate millions in revenues, during the contract term." He further stated, "Clearly, Beach Volleyball is one of the world's most demanding physical sports. It requires almost instantaneous recovery under the most stressful conditions. Our Surgex product line is exactly what their highly trained professional athletes want and need."
CEO and founder Albert "AL-B" Hannemann states, "I am excited about this new partnership that really gives our players an opportunity to be successful and generate revenue for themselves with a truly great product. I have been taking the product for months and am a believer in what Inergetics has created. Our sport requires serious recovery and this is the answer for the professional volleyball athlete to the weekend warrior. We look forward to a long term mutually beneficial partnership and are thankful for this opportunity."
About Inergetics, Inc.
Inergetics, Inc. is a leading developer of nutritional supplements for the Clinical Health and Sports Supplement markets. Inergetics has developed the Surgex® sports nutrition formula to meet the nutritional needs of professional, Olympic and amateur elite athletes that experience post-workout symptoms such as fatigue, loss of lean muscle, oxidative stress, and reduced immune function. Additionally, Inergetics has established a line of Resurgex™ products that provide comprehensive nutritional support for actively treated cancer patients as well as those in post-treatment care and elderly members of the assisted living community. To learn more about Inergetics, visit www.inergetics.com, the Resurgex™ product website and online store, and www.resurgex.com, and the Surgex® product website and online store at www.surgexsports.com.
ABOUT THE NVL
The National Volleyball League (www.TheNVL.com) is the professional beach volleyball association in the U.S. The NVL was founded in late 2010 by pro beach volleyball player Albert Hannemann and played its first full pro season in 2011. Its tournaments are often produced in conjunction with large-scale lifestyle events, the first of which is The Preakness Stakes, the Triple Crown horse race held in May in Baltimore. The NVL has been created and designed to fully support the needs of the players, fans and sponsors. More information can be found at www.thenvl.com.
Safe Harbor Statement
This press release contains "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. All statements, other than statements of historical fact, including, without limitation, those with respect to the objectives, plans and strategies of Inergetics set forth herein and those preceded by or that include the words "believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts," or similar expressions, are "forward-looking statements." Although Inergetics' management believes that such forward-looking statements are reasonable, it cannot guarantee that such expectations are, or will be, correct. These forward-looking statements involve a number of risks and uncertainties, which could cause Inergetics' future results to differ materially from those anticipated. Inergetics assumes no obligation to update any of the information contained or referenced in this press release.
SOURCE Inergetics, Inc.