DENVER, Dec. 15, 2010 (GLOBE NEWSWIRE) -- In a release with the same headline issued earlier today, the third paragraph had incorrect information. The entire corrected release follows:
MusclePharm® Corporation (OTCBB:MSLP), one of the fastest growing nutritional supplement companies in the United States, today announced the appointment of Michael R. Stevens, PharmD as Director of Therapeutic Nutrition.
Dr. Stevens joins MusclePharm with over twenty years of well diversified experience in the healthcare and pharmaceutical industry. In addition to his current role as Chief Strategy Officer for Virostatics, Dr. Stevens spent 17 years at Bristol-Myers Squibb, where he held positions of increasing responsibility in the areas of Market Research (Oncology and HIV), Marketing (Oncology), and Medical Affairs (HIV).
"We are extremely pleased to have Dr. Stevens join the MusclePharm team and further strengthen our position in working to add MusclePharm's Re-con® and MuscleGel® nutritional supplements to the New York State Medicaid list of prescription medications," commented Dr. Roscoe M. Moore Jr., former Assistant United States Surgeon General, and Chief Scientific Director for MusclePharm. "With Dr. Stevens' extensive experience and assistance, we plan to further strengthen MusclePharm's role in support of therapeutic nutritional supplementation within the entire medical community."
Nutritional Supplementation has long been utilized within the HIV community to maintain and support muscle mass and help strengthen the immune system. Whey protein has been shown through various credible studies to aid in the growth of muscle mass. Unlike other Medicaid available proteins, MusclePharm's Re-con helps to burn fat while building muscle. This is a factor essential to people living with HIV, especially those on antiviral regimens where unwanted fat may be an issue in those who often battle muscle depletion. MusclePharm's MuscleGel® represents an untapped arena of health and wellness that makes it easy to consume on the go, without the use of liquids or mixing. It's a gel based protein supplement that enhances the body's ability to absorb nutrients, ensures a consistent delivery of hydrated nutrients every time, providing a soothing effect to the digestive system, and tastes great.
"I am honored to join MusclePharm in their quest to provide therapeutic, nutritional supplementation," stated Michael R. Stevens, PharmD. "MusclePharm's Re-con Nutritional Supplement contains important amino acids, assisting in reaching the higher levels of nutrition required for people living with HIV. I will continue to contribute my diverse experiences to dynamic companies rooted in deep scientific product development and research like MusclePharm, to positively increase the delivery of their products within the medical community."
Dr. Stevens has served as a member of the Executive Council for the Forum for Collaborative HIV Research -- a public-private partnership facilitating discussion on emerging issues in HIV clinical research and working to translate research results into patient care. He has also served on 15 Protocol Committees within the Adult AIDS Clinical Trials Group (ACTG). Michael received his BS Pharmacy and Doctor of Pharmacy degrees from Purdue University.
About MusclePharm®
Headquartered in Denver, Colorado, MusclePharm is a rapidly expanding healthy life-style company that develops and manufactures a full line of NSF and scientifically approved, nutritional supplements that are 100% free of any banned substances. Based on years of research, MusclePharm products are created through an advanced six-stage research protocol involving the expertise of top nutritional scientists and field tested by more than 100 elite professional athletes from various sports including the NFL, MMA, and MLB. The Company's propriety and award winning products address all categories of an active lifestyle including muscle building, weight loss, and maintaining general fitness through a daily nutritional supplement regimen. MusclePharm is sold in over 120 countries and available in over 5,000 US retail outlets that include GNC, and Vitamin Shoppe, as well as over 100 online stores, including bodybuilding.com, Amazon and Vitacost.com. For more information, please visit www.musclepharm.com.
Forward-looking Statements
MusclePharm Corporation believes the information set forth in this Press Release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Certain factors that could cause results to differ materially from those projected in the forward-looking statements are set forth in "Risk Factors" in Item 2.02 of the Company's Form 8-K dated February 18, 2010, which has been filed with the Securities and Exchange Commission.
CONTACT: ICR Investor Contact: John Mills, Senior Managing Director 310.954.1105