ORLANDO, Fla.--(BUSINESS WIRE)--BICO--
Bio-One Corporation (OTCBB:BICO) ("Bio-One" or the
"Company"), in a cash transaction, has acquired a majority interest in
American Nutritional Exchange, Inc. (www.americannutritional.com). The
Miami, Florida based business is a wholesale distributor of nationally
branded nutritional supplements.
American Nutritional's President and CEO, Ismael Gonzalez,
commented, "Our management team has over 25 years of experience in the
natural products industry. We understand and promote health and
fitness, while specializing in categories such as sports nutrition,
low carb products, nutraceuticals, nutrition and performance
beverages. Our distribution channels include retailers representing
independents, large and small chain vitamin outlets, health clubs and
convenience stores throughout the Southeast. We represent
approximately 25 of the leading manufacturers in our industry."
Bio-One President and CEO, Armand Dauplaise, stated, "This is a
synergistic acquisition in that revenues will be enhanced for all
Bio-One subsidiaries with the expanded distribution channels provided
by American Nutritional. We will also be able to provide additional
product lines for American Nutritional to distribute." Mr. Dauplaise
concluded by stating, "This is our second acquisition since September
and we are aggressively pursuing candidates that meet our criteria of
profitability and revenue growth. We anticipate additional substantive
announcements to follow shortly."

Business Summary

Bio-One Corporation was formed to serve the emerging niche of
preventive and alternative healthcare through nutritional supplements.
This niche has grown to a multi-billion dollar industry. The market is
considered global. The Company's strategy is to build its business
through vertical integration of manufacturing, distribution and
marketing by selectively acquiring industry leaders in each
distribution channel. Bio-One intends to be one of the first to launch
its plan by targeting companies under $25 million in annual sales. The
Company's home state, Florida, ranks first nationally in per capita
consumption of nutritional supplements and second only to California
in total industry sales. Bio-One's goals are threefold; 1) to serve
people worldwide who desire vitality and longevity; 2) to interface a
quality and value growth philosophy through the acquisition of
selected businesses; 3) to provide a superior return on investment for
Company shareholders.
Bio-One Corporation is committed to its mission of the continuing
pursuit of excellence in serving our customers, our suppliers, our
team members and our shareholders. Bio-One intends to accomplish its
mission and goals through the application of its management
philosophy, which is to treat others the way they would want to be
treated.

Certain statements released by Bio-One Corporation that are
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Reform Act of 1995. Editors and
investors are cautioned that forward-looking statements involve risk
and uncertainties that may affect the Company's business prospects and
performance. These include, but are not limited to, economic,
competitive, governmental, technological and other risks detailed in
the company's registration statements and periodic reports filed with
the Securities and Exchange Commission. By making these
forward-looking statements, the Company undertakes no obligation to
update these statements for revisions or changes after the date of
this release.

KEYWORD: FLORIDA
INDUSTRY KEYWORD: MEDICAL MEDICAL SPORTS ALTERNATIVE MEDICINE MERGERS/ACQ
SOURCE: Bio-One Corporation