EX-99.1
2
a10-3966_1ex99d1.htm
EX-99.1
Exhibit 99.1
FOR IMMEDIATE RELEASE
Contact:
Kyle
Stults
Investor
Relations
(410)
740-0081
Martek
Closes on Purchase of Amerifit Brands, Inc.
COLUMBIA,
Md.
-
February 12, 2010 -
Martek Biosciences
Corporation (NASDAQ: MATK) announced today that it has completed the purchase
of Amerifit Brands, Inc. from Charterhouse Group, Inc. in an all-cash
transaction valued at approximately $200 million. The acquisition was previously announced January 21,
2010.
Amerifit
Brands develops, markets and distributes branded consumer health and wellness
products focused on women's and digestive health benefits. Amerifit holds
leading brand positions in all of its key product categories, and its products
are sold in most major mass, club, drug, grocery and specialty stores. Amerifit's
key products include: Culturelle®, a leading probiotic supplement; AZO®, the
leading OTC brand addressing symptom relief, detection and prevention of
urinary tract infections; and ESTROVEN®, the leading all-natural nutritional supplement
brand addressing the symptoms of menopause.
Safe
Harbor Statement
This
press release contains forward-looking statements that are based upon numerous
assumptions that Martek cannot control and involve risks and uncertainties that
could cause actual results to differ, including the possibility that the
acquisition may not achieve its anticipated benefits, and may not be completed
as scheduled or at all. These statements should be understood in light of the
risk factors set forth in the Company's filings with the SEC.
About
Martek Biosciences
Martek
Biosciences Corporation is a leader in the innovation and development of
omega-3 DHA products that promote health and wellness through every stage of
life. The Company produces
life'sDHA
™, a
vegetarian source of the omega-3 fatty acid DHA (docosahexaenoic acid), for use
in foods, infant formula and supplements, and
life'sARA
™
(arachidonic acid), an omega-6 fatty acid, for use in infant formula. For more
information on Martek Biosciences, visit http://www.martek.com.

EX - 99 . 1 2 a10 - 3966 _ 1ex99d1 . htm EX - 99 . 1 Exhibit 99 . 1 FOR IMMEDIATE RELEASE Contact : Kyle Stults Investor Relations ( 410 ) 740 - 0081 Martek Closes on Purchase of Amerifit Brands , Inc . COLUMBIA , Md . - February 12 , 2010 - Martek Biosciences Corporation ( NASDAQ : MATK ) announced today that it has completed the purchase of Amerifit Brands , Inc . from Charterhouse Group , Inc . in an all - cash transaction valued at approximately $ 200 million . The acquisition was previously announced January 21 , 2010 . Amerifit Brands develops , markets and distributes branded consumer health and wellness products focused on women 's and digestive health benefits . Amerifit holds leading brand positions in all of its key product categories , and its products are sold in most major mass , club , drug , grocery and specialty stores . Amerifit 's key products include : Culturelle ® , a leading probiotic supplement ; AZO ® , the leading OTC brand addressing symptom relief , detection and prevention of urinary tract infections ; and ESTROVEN ® , the leading all - natural nutritional supplement brand addressing the symptoms of menopause . Safe Harbor Statement This press release contains forward - looking statements that are based upon numerous assumptions that Martek can not control and involve risks and uncertainties that could cause actual results to differ , including the possibility that the acquisition may not achieve its anticipated benefits , and may not be completed as scheduled or at all . These statements should be understood in light of the risk factors set forth in the Company 's filings with the SEC . About Martek Biosciences Martek Biosciences Corporation is a leader in the innovation and development of omega - 3 DHA products that promote health and wellness through every stage of life . The Company produces life ' sDHA ™ , a vegetarian source of the omega - 3 fatty acid DHA ( docosahexaenoic acid ) , for use in foods , infant formula and supplements , and life ' sARA ™ ( arachidonic acid ) , an omega - 6 fatty acid , for use in infant formula . For more information on Martek Biosciences , visit http://www.martek.com .
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