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EQ Labs, Inc. (PINK: EQLB)

EQ Labs Begins National Television Advertising Campaign

EQ Labs (Pink Sheets: EQLB) announced this morning that it began a national advertising campaign with a 5 minute spot on ABC affiliate KTNV (Channel 13) in Las Vegas. Chief Executive Officer, Maurice Owens, was featured on “The Morning Blend” show talking about the virtues of EQ Energy drink while also displaying the company’s complete product line.

KTNV is owned by New York Stock Exchange-traded Journal Communications, Inc. The Company owns television stations, radio stations and newspapers in Arizona, Wisconsin, California, Florida and other major markets throughout the country.

In the interview, Owens stresses the health factor of EQ, “No sugar, five calories.”

Owens continued, “The flavors are super. We have Mo Apple and Strawberry Dream. It takes about 30 seconds to get going.”

Chief Executive Officer Owens also stated that the market for EQ is very large and that he expects EQ Energy drink to be in 5,000 additional stores by year end as the company’s products are already in 45 states. Owens stated that the “Healthy Energy Drink” is being used by students, truck drivers and young adults because of its wide spread appeal.

Owens added toward the end of the interview, “We have three top distributors so we have access to about 150,000 stores.”

The entire interview could be viewed here.

About EQ Labs, Inc.

The Lab

Headquartered in Las Vegas, NV, a city that never sleeps, the product is already in demand on the U.S. West Coast, but equal appeal and demand exists on the U.S. East Coast, in places like Miami, Tampa, and Atlanta. Additionally, college students, truck drivers, and business professionals lust after EQ because they know EQ allows them to work and party for longer periods.

When mixed with alcohol, hangovers are almost non-existent. “We’ve monitored our sales, and have noticed that our sales consistently increase when the season arrives for students to study for final exams. They know and trust it,” stated Michael Villa Jr., EQ’s Sales Director.

A correlation exists between Villa’s statement when comparing the company’s sales activity in relation to its earlier advertising and marketing expenditures. As an example, the product was formally introduced to some 36 major university campuses in its early days. College representatives were hired to introduce [give away] samples of the product on their campus across the U.S.

“Once we discontinued giving away samples, we were inundated with requests (through our web site) to sell them the product. Last year, during the Spring Break season, we had to hire extra help to adequately respond to these requests, because they wanted to use EQ as a party supplement. That led us to adopt the slogan, ‘You Gotta Have It!” said Villa.

EQLB Company Info

EQ Labs is engaged in the development, marketing and sale of EQ (”The Smart Energy Drink”). EQ is an effervescent tablet that can be dissolved in any beverage to provide instant energy. Consisting of a blend of essential vitamins, Gingko Biloba, and less caffeine than a cup of coffee. EQ is currently sold at Best Buy, 7-Eleven, Walgreens and other leading retailers.

http://www.drinkeq.com/

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Thermo Fisher Scientific Expands Presence in China with New Technology Center in Shanghai

Local Engineering and Development Targets Technology Innovation to Needs of Customers in China

Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, today announced it has opened a Technology Center in Shanghai, building on its engineering and development capabilities to meet the specific needs of customers in China.

The Center houses engineers and support staff focused on developing a robust product pipeline to serve China-based customers across a range of industries, in particular, life sciences, environmental monitoring and consumer product safety.

“Thermo Fisher is committed to serving its customers in China with products, services and support that meet the local demands of this important growth market,” said Marc N. Casper, president and chief executive officer of Thermo Fisher Scientific. “The China Technology Center is another step in our ongoing investment to expand our operations there and leverage our depth of capabilities to develop and manufacture products in China for China.”

The China Technology Center, along with a new demonstration center opening this month in Beijing, is part of Thermo Fisher’s continuing strategy to align with the leading educational, industrial and commercial initiatives in the region. The company first entered the China market 30 years ago and began to establish an extensive manufacturing footprint shortly thereafter.

In 2005, Thermo Fisher accelerated its activities in China, opening a demonstration laboratory in Shanghai. It has since introduced a Chinese version of its industry-leading Fisher Scientific catalog and established the headquarters for its Environmental Instruments business in the country. In 2008, Thermo Fisher was recognized by China Enterprise News for its significant manufacturing presence in China, and shortly thereafter, was named by a national business publication one of the “Top 10 Fastest Growth Companies in China.” The company further expanded its presence this year by beginning local manufacturing of laboratory products necessary to support the nation’s growing life sciences industry.

Thermo Fisher Scientific Inc. is the world leader in serving science. Our mission is to enable our customers to make the world healthier, cleaner and safer.

With revenues of more than $10 billion, we have approximately 35,000 employees and serve customers within pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as in environmental and process control industries.

We create value for our key stakeholders through two premier brands, Thermo Scientific and Fisher Scientific, which offer a unique combination of continuous technology development and the most convenient purchasing options.

www.thermofisher.com

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IFF Reports Second Quarter 2010 Results

International Flavors & Fragrances Inc. (NYSE: IFF), a leading global creator of flavors and fragrances for consumer products, today reported second quarter 2010 revenue of $666 million, 17 percent higher than the prior year quarter. Revenue in local currency increased 17 percent as foreign currency had a limited impact on results.

Reported earnings per share (EPS) were $0.83, compared to $0.60 for the second quarter 2009. EPS in 2010 included a $0.02 per share expense related to ongoing restructuring efforts in Europe, while second quarter 2009 included a $0.05 per share expense relating to restructuring and employee separation costs. Excluding these items, adjusted EPS for the second quarter increased 31 percent to $0.85 versus $0.65 in the prior year quarter.

Second Quarter 2010 Highlights

• Gross profit, as a percentage of sales, was 42.8 percent compared with 40.1 percent in the prior year period. This improvement was mainly attributable to accelerated sales, moderating input costs and fixed cost leverage.
• Research, Selling and Administrative (RSA) expenses as a percentage of sales increased 160 bps to 26.3 percent. The increase of $35 million is mainly attributable to additional incentive compensation accruals of $18 million plus litigation related costs, investments and spending to support the higher level of business activity, reduction of R&D credits, unfavorable foreign currency movements and lower prior period base spending. Within RSA, R&D expense as a percentage of sales increased 60 bps to 8.4 percent.
• Operating profit increased $24 million to $108 million in the second quarter, including a $2 million charge related to ongoing restructuring efforts in Europe as compared to $5 million related to restructuring and employee separation costs in the prior year period. Excluding these items, adjusted operating profit grew 24 percent, or $21 million, to $110 million. As a result, adjusted operating profit margin increased 90 bps to 16.5 percent versus the year ago period.
• Interest expense decreased $2 million year-over-year reflecting lower levels of outstanding debt and lower borrowing costs.
• The effective tax rate in the quarter was 28.3 percent compared to 29.2 percent in the comparable period last year. The year-over-year decrease reflects the mix of earnings across the countries in which the company operates and lower repatriation costs.
• Cash flow from operations improved by $40 million to $128 million for six months of 2010 compared to the same period in 2009. This improvement was led by our strong profit performance as well as our continued focus to drive working capital improvement.

International Flavors & Fragrances Inc. is a leading global creator of flavors and fragrances used in a wide variety of consumer products and packaged goods.

Consumers experience these unique scents and tastes in fine fragrances and beauty care, detergents and household goods, as well as beverages, confectionery and food products. The Company leverages its competitive advantages of brand understanding and consumer insight combined with its focus on R&D and innovation, to provide customers with differentiated product offerings.

www.iff.com

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Tags:

Energy Drink |  EQ Energy Team |  EQ Labs Inc |  EQLB.PK |  essential vitamins |  IFF |  International Flavors & Fragrances |  NYSE:IFF |  NYSE:TMO |  PINK:EQLB |  Thermo Fisher Scientific |  TMO