BEVERLY HILLS, Calif., August 6, 2003 (PRIMEZONE) -- Raquel of Beverly Hills, a Xynergy Corp. (OTCBB:XYNY) subsidiary, today announced that it will be engaging in a joint venture with Natural Impact International ("Natural Impact").
Natural Impact sells health and beauty products, along with pharmaceuticals. The joint venture will be for the distribution of Raquel of Beverly Hills products through Natural Impact's significant distribution network.
With offices in Los Angeles, Mexico City, and several Internet venues (naturalimpact.com, online-pharmacy-shop.com, and rx-forless-shop.com), its sales continue to grow. Although Natural Impact's most substantial client is Wal-Mart, its Internet on-line sites also constitute a large portion of its sales.
According to Natural Impact's CEO Amnon Even, "The on-line pharmacy business is on a constant rise due to the U.S.'s outrageously high cost of medicine. Our projected pharmacy sales are at $1 million annually from our websites and affiliates alone."
Raquel of Beverly Hills will contribute to Natural Impact's vast array of products.
"We believe that Natural Impact will be an excellent place to launch our new line of nutritional products, Feminomena, designed for fabulous phenomenal females," commented Xynergy CEO, Raquel Zepeda. "Additionally, Natural Impact's business relationships in Mexico will be a great asset for Raquel of Beverly Hills."
Tapping into the vast and lucrative Hispanic market is clearly a point of synergy between Natural Impact and Raquel of Beverly Hills. A recent research study by the University of Georgia's Selig Center for Economic Growth, revealed that U.S. Hispanic purchasing power was $580 billion in 2002 and is expected to grow to $925.1 billion by 2007.
"My parameters of marketing have always surrounded the now-celebrated Hispanic consumer. And many times, people used to asked me `Why?' but now they ask me, `How? How can I tap into that market'," added Raquel Zepeda. "`Como? Que buena pregunta,' is my response."
Both Natural Impact and Raquel of Beverly Hills are planning a joint advertising campaign via radio and television in the Spanish language media.
Xynergy Corporation is a holding company for the following companies: Raquel of Beverly Hills cosmetics, and Think Blots greeting cards.
For more information, call or write Xynergy Corporation, 269 So. Beverly Drive, Suite 938, Beverly Hills, Ca. 90212, (310) 274-0086. (xynergycorp@aol.com).
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements.
More information on this company can be found on eWorldWire's Online Newsroom at:
HTML: http://newsroom.eworldwire.com/wr/080603/1573.htm
PDF: http://newsroom.eworldwire.com/pdf/080603/1573.pdf
ONLINE NEWSROOM: http://newsroom.eworldwire.com/1376.htm