MusclePharm Corporation (OTCBB:MSLP), one of the fastest growing nutritional supplement companies in the United States with eight performance products, has entered into a distribution agreement with TapouT to launch a MusclePharm apparel line that includes t-shirts, sweat suits, shorts and other active wear items.
TapouT currently has distribution in over 20,000 retail stores worldwide, as well as online, including a full line of fighter gear, men�s, women�s, youth and accessories. The complete MusclePharm apparel line will be available in 2011 through TapouT�s current retail distribution and on the TapouT website.
�We are very excited to partner with the leading, global mixed martial arts and UFC brand,� commented Cory Gregory, MusclePharm�s President. �This apparel opportunity with TapOuT will further increase MusclePharm�s brand awareness and expand MusclePharm�s market penetration through TapOuT�s extensive retail distribution network.�
MusclePharm�s top management has extensive experience in the sports world and has harnessed this drive and focus into building a business to benefit its customers and help Fuel The Athlete Inside. Headquartered in Aurora, Colorado, the company is a fast-growing developer and manufacturer of safe, scientifically approved, nutritional supplements that are free of banned substances and tested by athletes. They are designed to help athletes, bodybuilders, weightlifters and fitness enthusiasts improve their performance. Each and every MusclePharm product is the end result of an advanced six-stage research and testing protocol involving the expertise of top nutrition scientists. In addition, the products have been field-tested by more than 100 elite professional athletes from the NFL, MMA, MLB and elsewhere. To date, the company has developed six products: ASSAULT, BATTLE FUEL, BULLET PROOF, COMBAT POWDER, RECON and SHRED MATRIX. Two additional products are due in stores in 2010. MusclePharm products offer up to twice as much of the active ingredients per serving as competing products and incorporate a proprietary mix of ingredients not available elsewhere, such as Suma root� the �Russian Secret.� Suma is a natural, performance-boosting, strength-and muscle-building herbal derivative that has been used for years by top Russian athletes.
Exeter Resource Corporation (AMEX:XRA) has entered into an agreement with an underwriter pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, pursuant to a Canadian short form prospectus, 8,065,000 common shares (the “Common Shares”) of the Company at a price of CAD$6.20 per share for gross proceeds of CAD$50,003,000 (the “Underwritten Offering”). In addition, the Company will grant the Underwriter an over-allotment option, exercisable prior to the closing of the Underwritten Offering, to purchase from the Company up to an additional 1,209,750 common shares at CAD$6.20 per share to raise additional gross proceeds of up to CAD$7,500,450.
The Company intends to use the net proceeds from the Offering to advance the Company’s Caspiche Project and for general working capital. Specifically, the proceeds will fund a project prefeasibility study, the entering into of certain infrastructure contracts, drilling to facilitate advanced mine optimization studies, additional metallurgical testwork and process design studies, and follow-up drilling on exploration targets in the area.
EXFO Inc. (Nasdaq:EXFO) reports the launch of the MaxTester DSL, a handheld FTTx tester for field technicians to quickly and easily turn up xDSL services in today’s highly competitive and demanding field environments. The MaxTester DSL is the most universal DSL test solution, supporting ADSL, ADSL2, ADSL2+ and VDSL2.
EXFO is a leading provider of next-generation test and service assurance solutions for wireless and wireline network operators and equipment manufacturers in the global telecommunications industry. The company offers core-to-edge solutions that assess the performance and reliability of converged, IP fixed and mobile networks. Key technologies supported include 3G, 4G/LTE, IMS, Ethernet, OTN, xDSL, and various optical technologies accounting for an estimated 35% of the portable fiber-optic test market. EXFO has a staff of approximately 1700 people in 25 countries, supporting more than 2000 telecom customers worldwide.
ExlService Holdings, Inc. (Nasdaq: EXLS), a leading provider of outsourcing and transformation services, reports that Executive Chairman of the Board Vikram Talwar will transition to the role of non-executive Chairman of the Board of the Company effective April 1, 2011.
ExlService Holdings, Inc. is a leading provider of outsourcing and transformation services. EXL’s outsourcing services include a full spectrum of business process outsourcing services from offshore delivery centers requiring ongoing process management skills. Transformation services enable continuous improvement of client processes by bringing together EXL’s capabilities in decision analytics, risk and financial management and operations and process excellence services. Headquartered in New York, EXL primarily serves the needs of Global 1000 companies in the insurance, utilities, banking and financial services, transportation and logistics, and travel sectors.
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