Biotech Pioneer Divine Skin Says Q2 Revenue Jumps to Roughly $1.6 Million, up 23% From Q2 and Soars 75% From Last Year

MIAMI BEACH, Fla., Oct. 5 /PRNewswire-FirstCall/ -- Rapidly expanding biotech developer Divine Skin Inc. (OTC Bulletin Board: DSKX) announced preliminary Q2 numbers today: $1.6 million or 23 percent above the previous quarter and 75 percent above Q3 of last year.

"Sustained growth over several quarters demonstrates the viability of our core principles of cutting-edge product development and absolute dedication to servicing our customers. We are also most excited about the release of Revita.COR conditioner which we believe establishes new possibilities in biotech development" said co-founder and chief executive Daniel Khesin, whose company maintains edge-of-the art development of new molecules and therapies in the personal care sector. The company maintains its position as the world's innovator of hair re-growth technologies.

Revenue has been driven by new distribution and new products.

The Sigma Skin brand is already present in the majority of Neiman Marcus stores, the premier luxury retailer in the USA. The brand will continue to proliferate through the rest of the network as planned.  

The DS Laboratories brand has continued to implement its deal with Fantastic Sams, stocking shelves and training employees for the chain of 1,300 franchised salons. DS Laboratories is on track to roll out in the rest of the chain by the end of the year. Demand has exceeded expectations through existing Fantastic Sams retail doors.

DS Laboratories unveiled two new over-the-counter products, Revita.EPS, a treatment to grow eyelashes 25 percent longer in just 4 weeks, and Revita.COR, a hair-growth-stimulating conditioner with bio-adhesive properties. Revita.COR is the first product in the world to feature technology that allows active ingredients to remain on the scalp even after the product is rinsed off and redefines what is possible in rinse off applications. Full presentation on Revita.COR is available on the company's website: www.dslaboratories.com

Future revenue will flow from the just-announced Latin American subsidiary; DS Laboratories do Brasil Ltd., which expands Divine Skin in the world's second largest cosmetics market.

About Divine Skin

Divine Skin Inc. is a biotechnology company that develops, markets, and distributes personal-care products through a diverse retail network in more than 20 countries. Its brands include DS Laboratories, Sigma Skin, Polaris Research, and Pure Guild.

DS Laboratories, the flagship brand, offers high-performance topical solutions for men and women to restore growth and radiance to hair; suppress dandruff and unwanted hair; control acne; maintain feminine hygiene; and reduce the appearance of cellulite, wrinkles, and double chins (www.dslaboratories.com).

The Sigma Skin brand targets men and sells through upscale retailers like Bergdorf Goodman and Neiman Marcus in the United States, Saks Fifth Avenue in Mexico, and Harvey Nichols in the United Kingdom. Products are designed to reverse hair loss and other signs of aging (www.sigmaskin.com).

Polaris Research makes high-potency minoxidil-based hair-growth formulas (www.polarisresearch.co.uk).

The Pure Guild is the latest brand designed to establish a new benchmark in ingredient purity and manufacturing without chemical solvents, heating, or other undesirable industrial processes. The brand is designed for the rapidly growing organic market. Products have already been shipped and will begin appearing on retail shelves in Q4.  (www.thepureguild.com)

Divine Skin's management believes the company has established itself as a leader in topical therapies, especially hair-growth, through aggressive pursuit of innovation and technology. Products employ comprehensive formulas with multiple methods of action against common skin conditions. Many utilize proprietary encapsulation techniques for improved bioavailability.

SOURCE Divine Skin Inc.