Scottsdale, Arizona 9/19/2008 12:43:12 AM
News / Finance

Millennium Biotechnologies Group (MBTG.OB) Gets ‘All-Star’ Beverage Expert, Ken Sadowsky, on Its Board

www.QualityStocks.Net would like to highlight Millennium Biotechnologies Group (OTCBB: MBTG). Six marketed products form the company’s advanced line of nutritional formulas. Resurgex Select® is a whole foods-based, calorically dense, high-protein nutritional formula developed for cancer patients undergoing chemotherapy or radiation treatments. Resurgex® and Resurgex Plus® are specialized, anabolic nutritional supplements rich in antioxidants that provide nutritional support post-treatment. Millennium also created Surgex(TM) sports nutrition formula to address the nutritional concerns of professional, Olympic, and amateur elite athletes.

 

In the company’s news yesterday,

 

Millennium Biotechnologies Group, Inc announced that renowned non-alcoholic beverage industry veteran Ken Sadowsky has joined its board of directors. Sadowsky was also a principal in Atlas Distributing of Auburn, Mass. for many years, where he made his name in the industry.

 

Sadowsky served on the board of directors of Energy Brands, Inc., makers of Glaceau, VitaminWater, SmartWater and FruitWater, from 2000 to 2006. Glaceau was later was sold to Coca Cola for $4.1 billion.

 

He is currently the executive director of NIDA, an association of independent distributors from Maine to New Jersey. This group is different from the government group NIDA, National Institute on Drug Abuse.

 

“As a prominent beverage distributor in the northeast,” a Millennium Biotechnologies news release stated, “he has been credited for foreseeing the market shift away from carbonated beverages with his early adoption of such brands as Snapple Beverages and SoBe.”

 

“We are actively restructuring our board of directors to add individuals whose capabilities are more clearly aligned with the new direction of the company, including exploring and implementing transactions that would quickly increase shareholder value” said Mark Mirken, Millennium Biotechnologies CEO. “Ken is the first member of our new board.”

 

Sadowsky highlighted the company’s medical credentials as a strong reason he came aboard.

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.