Motivideo Systems, Inc.
Motivideo Systems, Inc.: MOTIVIDEO AND RAPID NUTRITION PREPARE FOR SystemLS(TM) LAUNCH
Motivideo Systems, Inc. / Key word(s): Miscellaneous MOTIVIDEO AND RAPID NUTRITION PREPARE FOR SystemLS(TM) LAUNCH Santa Barbara, California Motivideo Systems Inc. (GXG: MOTV) and Rapid Nutrition PLC (GXG: RNL) announced today that they are preparing for a fourth-quarter US launch of their innovative SystemLS(TM) weight-loss system. Motivideo’s marketing advisor and noted direct-marketing expert, John Pike says, ‘this natural system of weight-loss nutraceuticals wedded with Motivideo’s groundbreaking interactive coaching app for mobile devices may be the most revolutionary weight loss system I’ve witnessed in my career’. The SystemLS(TM) product line will be promoted utilizing the latest online affiliate marketing and advanced social strategies, as well as traditional radio and television advertising and infomercials. Rapid Nutrition and Motivideo formed a joint venture for the US launch of the SystemLS(TM) product line which involves a split of gross revenues after deduction of direct marketing, fulfillment and product costs. The joint venture agreement included a 2.4 million USD stock swap. Simon St. Leger, CEO of Rapid Nutrition of Australia, said today ‘The weight loss consumable business grosses in excess of 60 billion annually in the US – but it’s a crowded field. We believe that our grass roots success in Australia, our innovative organic formulations, and the bundling of SystemLS with the groundbreaking Motivideo weight-loss coaching app will differentiate us in a big way in the US market. I’m confident that we will drive an innovative wedge into the dynamic American weight-loss marketplace.’ Motivideo’s one-on-one weight-loss coaching app, which provides the strategic advantage to SystemLS(TM), is ready to help people lose weight in a thousand real-life situations, delivering an entertaining stream of weight-loss coaching video that instantly shifts in response to a viewer’s particular needs. ABOUT MOTIVIDEO Systems, Inc. Motivideo Systems Inc. (MOTV) sets the standard in health and lifestyle management with mobile apps that represent a new class of health industry products designed to help consumers effectively utilize health industry goods and services and improve lifestyle choices. Each one-on-one video coaching session delivers an entertaining stream of video that instantly shifts to respond to dozens of factors such as gender, age, readiness to learn, personal goals and needs. End of Corporate News 02.10.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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