MIAMI, May 13, 2014 (GLOBE NEWSWIRE) -- Following an unsolicited offer from Florida-based dietary supplement manufacturer South Beach Herbals, the SkinPro Board of Directors held an emergency meeting to discuss the bid. In turn the board voted unanimously to accept the offer, which will remain undisclosed for competitive reasons. Tepamine was formulated by SkinPro scientists in 2013 as the first ever OTC weight loss pill that contained a proprietary anti-aging blend. Its efficacy has been well documented by both medical professionals and in consumer reviews and testimonials, many found on Amazon.com - where it is a best seller in its category - and on YouTube.
SkinPro CEO Timothy Schmidt commented "While there will be some short term impact on our top line sales for the coming quarter, we feel the divestiture of Tepamine makes the most sense for SkinPro at the present time. We continue to focus our efforts on producing the most compelling anti-aging skin care products and telling great stories around them. As a dietary supplement, Tepamine simply did not fit our desired product mix so we felt it was best to edit it out. We welcome the sale of Tepamine as a chance to better focus our efforts on amplifying our core brand products, including our new Delfogo Rx Professional Vitamin C 22% Anti-Aging Serum product which can benefit from the additional investment now available to our company."
The deal with South Beach Herbals includes the current inventory and allows a provision for the sale of it through 2015, branded with the SkinPro logo, despite the new ownership. Tepamine is Pharmacist Tested Certified, fully reviewed and endorsed by Lauren Simko, Pharm. D. In her report on the efficacy and safety of Tepamine, Dr. Simko notes "In addition to the combination of weight loss products, Tepamine HCI also provides the addional benefit of youth enhancement ingredients. I cannot recall weight loss products offering youth enhancement with their product, so there is definitely an added bonus here! Tepamine HCI should be considered by those women that lead an active lifestyle and may not have the time to devote to a full diet or weight loss. Tepamine allows you to follow your own weight loss and exercise regimen and provide you with the assistance your body needs to be successful"
SkinPro is a leading global designer, marketer and distributor of cosmeceutical skin care products under the Elite Serum Rx (Extra Strength), DelfogoRx Professional, Tepamine HCL, DNA Serum, Elite Serum Instant and Bellapulse labels. SkinPro launched in 2009 and quickly became one of the world's most distinct skin care brands by bringing unique technology, character and products to an otherwise monochromatic space. This has helped revolutionize the skin care industry by introducing a wide variety of products that possess unmistakable efficacy and exceptional usability. The Company's products are sold and distributed through a variety of channels in the USA and Worldwide. Visit SkinPro.com or call 1-800-575-2065