TriStar Wellness Solutions engages AsianNexus to develop global distribution opportunities for TriSt
TriStar Wellness Solutions engages AsianNexus to develop global distribution opportunities for TriStar portfolio
Expanding distribution of TriStar brands and technologies to the global market
WESTPORT, Conn.--(BUSINESS WIRE)-- TriStar Wellness Solutions, Inc. (OTCQB:TWSI), a health and wellness company that targets opportunities in the self-care and professional marketplace, has retained AsianNexus to develop and commercialize distribution opportunities in the broader global market not covered by existing agreements and TriStar infrastructure.
AsianNexus provides turnkey management services to establish and develop distribution channels within the Asian and South American Markets (India, China, Japan, Korea, Philippines, Australia, New Zealand, Brazil, etc.) for companies needing to expand product lines into these markets. The company has a longstanding track record of success building global business for its clients with a specific focus on healthcare segments. AsianNexus is founded on a proven capability to find the optimal distribution partners in each market, manage the required registration processes and ongoing business relationships to deliver profitable growth to clients.
Matthew Wright, AsianNexus's President, commented: "We are very excited about the potential to bring the Hemcon and Beaute de Maman brands to the global markets. TriStar and its portfolio companies have created very unique products that meet underserved needs in both the OTC and professional healthcare market segments. We are confident that these brands and products will be very successful in the new markets that we have proven access to penetrate. "
John Linderman, President and CEO of TriStar Wellness Solutions, added, "This relationship represents the next major milestone we have defined in our long term company growth plan. At this point we have all of the organizational pieces in place to begin to dramatically accelerate global growth in our businesses and brands. We are pleased that the AsianNexus team has shown the commitment and confidence to help our company achieve global market presence. "
About TriStar Wellness Solutions
TriStar Wellness Solutions, Inc. (TWSI) is a health and wellness company that targets under-met consumer opportunities in the consumer and professional marketplace. Its core strategy plans to meet the growing demand for personalized, health care solutions by leveraging proprietary innovation and technology with the rapid transformation of the healthcare marketplace to create innovative, science based solutions and brands. TriStar recently acquired HemCon Medical Technologies Inc., a developer, manufacturer, and marketer of innovative technologies for hemostatic devices for the control of bleeding resulting from trauma or surgery. It also owns the Beauté de MamanTM brand of women's health products. Additional information is available at www.tstarwellness.com.
This press release for TriStar Wellness Solutions, Inc. contains forward-looking statements. Generally, you can identify these statements because they use words like "anticipates," "believes," "expects," "future," "intends," "plans," and similar terms. These statements reflect only our current expectations. Although we do not make forward-looking statements unless we believe we have a reasonable basis for doing so, we cannot guarantee their accuracy and actual results may differ materially from those we anticipated due to a number of uncertainties, many of which are unforeseen, including, among others, the risks we face as described our filings with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements which apply only as of the date of this press release. To the extent that such statements are not recitations of historical fact, such statements constitute forward-looking statements that, by definition, involve risks and uncertainties. In any forward-looking statement where we express an expectation or belief as to future results or events, such expectation or belief is expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the statement of expectation of belief will be accomplished.
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