Health & Fitness
Health and Fitness
Health and Fitness
Wed, June 15, 2011
Tue, June 14, 2011 
OMAHA, Neb.--([ BUSINESS WIRE ])--Bond Laboratories, Inc. (OTCBB:[ BNLB ]) (Bond Labs), a national provider of innovative and proprietary nutritional supplements for health conscious consumers, today announced record revenue and net income for the month. Total revenue for the month ended May 31, 2011 grew to $1.2 million as compared to $0.7 million for the month ended May 31, 2010, an increase of more than 73%. Revenue for the months ended May 31, 2011 and 2010 included sales of $317,000 and $3,700 to GNCa™s LDI centralized warehouse system for franchisees, respectively. Excluding sales to LDI, revenue for the month ended May 31, 2011 grew almost 29% from $0.7 million to $0.9 million versus the comparable month last year. In addition to strong revenue growth, Bond Labs posted positive net income of $172,880 for the month ended May 31, 2011 as compared to a loss of $(179,852) for the month ended May 31, 2010.
John Wilson, Chief Executive Officer, stated, aBond Labs, and in particular our NDS division, continues to expand both the number of GNC franchise locations carrying our products and the number of products available in each location. New product development remains a critical driver of our success and a key element of our ongoing growth strategy. Our latest two products, Cardio Cuts and Intensify Extreme, are launching this week at the 2011 GNC Franchise Convention in Las Vegas. I am excited about our recent strong financial performance and confident we will continue to execute our strategy as a means to grow the business and create value for our shareholders.a
About Bond Labs
Bond Laboratories is a manufacturer of innovative nutritional supplements. The Company produces and markets products through its NDS Nutrition division. NDSa™ products number over 60 brands of energy, sports, and dietary supplements. These products are sold directly through specialty health and nutrition retailers, including top-selling products at GNC® franchises. Bond Labs is headquartered in Omaha, Nebraska. For more information, please visit [ http://www.bond-labs.com ].
Safe Harbor
Statements about the Companya™s future expectations and all other statements in this press release other than historical facts, are aforward-looking statementsa within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
