TUBAC, Ariz., Oct. 12, 2004 (PRIMEZONE) -- Tubac Holdings, Inc. (Pink Sheets:TBAH) has entered into a partnership with Symbiotics, Inc. to purchase and activate an existing public company, and is renaming the company New Life Solutions, Inc. Symbiotics, Inc. is an internationally recognized and acclaimed company which is the world's largest producer and distributor of premium quality colostrum products. For almost ten years, Symbiotics products have been marketed through natural food stores, natural products supermarkets and supplements stores.
New Life Solutions will expand branded sales of these products via a breakthrough distribution strategy which aims at and addresses multiple marketing channels which include: (1) Direct marketing via radio and television infomercials, web broadcasting, advertising, direct mail response and catalog sales; (2) Retail outlets, with an emphasis on shopping carts/kiosks located in the center of traffic in major malls; and (3) Network marketing. No other company has previously coordinated and utilized this powerful multi-pronged approach.
Harold Tanner, CEO of Tubac Holdings, stated, "The overall plan for New Life Solutions is being hailed as the most advanced combination of proven products, media, people, traffic, Internet and demographics in the industry. We are very excited to have New Life Solutions as part of the Tubac Holdings Team."
The size of the global nutraceutical market validates this premise. In 2002, the global nutraceutical market was $467 billion. Over the five-year period 2002-2007, nutraceutical sales are projected to grow at an average rate of 9.9%, reaching $74.7 billion by 2007.
Tubac Holdings is presently negotiating several other noteworthy alliances in other industries, including natural resources, so as to achieve its goals of diversification and enhanced revenue and assets. Finalization of the same and press releases are expected to be forthcoming.
About Tubac Holdings, Inc.
Tubac Holdings is a holding company which offers consulting, public and private equity services. Tubac specializes in finding undervalued small cap and microcap companies with exciting products, services or technology that are poised for explosive growth. Tubac provides these companies with equity, guidance and strategic counseling to help them succeed. Tubac has taken an equity stake in several public companies, and is in negotiations with several others.
Certain statements above constitute forward-looking statements with respect to Tubac Holdings, Inc. Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Tubac Holdings, Inc to be materially different from any further results, performance or achievements expressed or implied by such forward-looking statements.
For more information, visit the company website at www.tubacholdings.com or call 520-398-2235.