DENVER, Jan. 28, 2011 (GLOBE NEWSWIRE) -- MusclePharm(R) Corporation (OTCBB: MSLP ), one of the fastest growing nutritional supplement companies in the United States, is excited to announce that it has signed a deal with Canadian distributor American Nutrition Inc. (ANI) to distribute its popular products to a growing Canadian market.
ANI noted MusclePharm's innovative supplement line as one of the major reasons in agreeing to the deal.
"As President of American Nutrition, I am very pleased and excited to be offering such a unique and high-quality brand to our customers. As a past all-Canadian football player, I know how important it is to take the right supplements," ANI President Renzo Passaretti said.
"MusclePharm is a company made up of athletes who are developing products for athletes and this is the key to their success. With all the customer support and advertising, it is becoming a must-have supplement line for any retailer in the industry."
Currently, MusclePharm, which recently announced it is on pace to hit its first million-dollar sales month in company history for January, is currently distributed in approximately 200 retail stores in Canada, including General Nutrition Center (GNC) and Reflex.
The availability of the highly-regarded product in Canada will now greatly increase thanks to the agreement with ANI.
"Signing with ANI, a top-notch distributor, will now allow us to fully meet the strong demand of the Canadian market for MusclePharm products," MusclePharm President Cory Gregory said.
"Canada having one of the largest MMA fan bases, and with our recent partnership with Canada's top bodybuilding and fitness federation the WBFF, we now have all the pieces in place to rapidly penetrate the Canadian market and increase our retail presence throughout Canada."
Gregory also revealed that MusclePharm is in the midst of expanding its distribution list in a major way throughout the world.
"Not only have we picked up ANI, but we are in the process of finishing up paperwork right now that includes working with 20 new countries direct," Gregory said. "We strongly feel this is the start of a major MusclePharm movement."
About American Nutrition
Founded in 1997, American Nutrition Inc. is a national distributor of quality sport supplements and health food products to retailers from coast to coast. It is a Canadian corporation dedicated to distributing major brand name and private label products designed to help today's informed consumers realize their fitness and lifestyle objectives.
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 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: Investor Contact: Cory Gregory, President investors@musclepharm.com 303-396-6100