Bond Laboratories, Inc. (OTCBB:BNLB)
(“Bond Labs”), an international provider of innovative and proprietary
nutritional supplements for health conscious consumers, announces
significant continued revenue growth and positive net income for the
third quarter. Revenue for the three months ended September 30, 2012 was
$4.6 million as compared to $3.2 million for the comparable period last
year, an increase of 43%. Net income for the three months ended
September 30, 2012 was $0.5 million as compared to $0.3 million for the
comparable period in 2011, an increase of 61%. Year to date revenue and
net income for the nine months ended September 30, 2012 was $14.7
million and $2.0 million as compared to $9.4 million and $0.8 million
for the nine months ended September 30, 2011, an increase of 57% and
151%, respectively.
“Our strategic initiatives remain focused on both expanding the number
of retail locations and increasing average revenue per location. To that
end, we remain dedicated to developing and marketing high-quality and
innovative products that address the needs of our loyal customer base.
This quarter also saw Bond Lab’s ongoing reach into international
markets with a major and successful launch into Australia. While still a
relatively small part of our business, continued international expansion
represents a huge growth opportunity for Bond Labs, which we expect to
build on during the fourth quarter and throughout 2013,” commented John
Wilson, CEO of Bond Labs.
About Bond Labs
Bond Laboratories is a manufacturer of innovative and proprietary
nutritional supplements for health conscious consumers. The Company
produces and markets products through its NDS Nutrition division. NDS’
products number over 50 brands of energy, sports, and dietary
supplements. These products are sold directly through specialty health
and nutrition retailers, and are included among the top-selling products
at GNC® franchises. Bond Labs is headquartered in Omaha, Nebraska. For
more information, please visit http://www.bond-labs.com.
Safe Harbor
Statements about the Company’s future expectations and all other
statements in this press release other than historical facts, are
“forward-looking statements” within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities Exchange Act of
1934, and as that term is defined in the Private Securities Litigation
Reform Act of 1995. The Company intends that such forward-looking
statements be subject to the safe harbors created thereby. The above
information contains information relating to the Company that is based
on the beliefs of the Company and/or its management as well as
assumptions made by and information currently available to the Company
or its management. The company does not undertake any responsibility to
update the forward-looking statements contained in this release.
