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SOURCE Muscle Warfare International, Inc
WELLINGTON, Florida, October 24, 2013 /PRNewswire/ --
Muscle Warfare International, Inc (OTC: MWAR) is a cutting-edge sports nutrition manufacturer that is passionately driven to create and distribute the absolute highest quality products in the marketplace. Every product we develop has been forged with great experience and focus on maximizing product efficacy for real world results. Furthermore, Muscle Warfare products are rigorously tested by top testing labs to help ensure them free of banned substances. We are truly committed to helping all athletes achieve and surpass their highest goals and potential.
Daniel Amato, President and CEO of Muscle Warfare International, Inc. stated, "I am very excited about the 3rd quarter financials our revenues have increased over the 2nd quarter numbers by 40 percent, gross profits are up by 60% and our net loss is down by 24%, the reported numbers represent consolidated financials for all three of MWAR's companies as well as MWAR. Muscle Warfare is in the growth stage of our company and spending money on advertising, acquiring inventory, attending trade shows and building a strong and viable sales team. We will continue to search for areas to improve within MWAR and continue to increase our revenues as well as profits."
The company has been conducting business since 2002 with annual revenues of approximately $1,000,000 (one million dollars) plus. The company has been recognized as a proven winner within the industry with many successes and proven track record marketing and branding sports nutrition products through multiple brands and marketing strategies.
The Sports Nutrition Market is among the fastest growing and was one of the most resilient markets since the 2007 market downturn, experiencing impressive growth during this entire period. This strong and rapid market growth is forecasted by experts to continue for years to come due to continued and growing use and promotion of these products by elite professional athletes and bodybuilders. In addition, the amateur athlete market continues to expand and grow, which is increasing the use of these products; this segment is expected to exceed $6 billion by 2018 according to the most recent Consumer Trend Reports.
Some of Muscle Warfare's clients consist of GNC, Inc., Vitamin Shoppe, Europa Sports Products, Fitness First USA and many others. Our sales team is consistently acquiring new clients through our sales process, advertising and trade shows as well as social media.
About Muscle Warfare International, Inc
(MWAR) Founded in 1985 and headquartered in Wellington, Florida, United States, our business model is to research, evaluate, and acquire profitable private firms in the business segments of sports nutrition, energy, and business services for the benefit of our shareholders. By providing the financial and human capital necessary to deal with the overwhelming administrative, planning, governance, compliance, and regulatory issues that abound, our partners can focus their energy and flourish.
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FORWARD-LOOKING STATEMENT: This press release contains forward-looking statements, including expected industry patterns and other financial and business results that involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied by this press release. Such risk factors include, among others: the sustainability of recent growth rates in the holding industry; the positioning of Muscle Warfare International, Inc. in the market; ability to integrate acquired companies and technology; ability to retain key employees; ability to successfully combine product offerings and customer acceptance of combined products; general market conditions, fluctuations in currency exchange rates, changes to operating systems and product strategy by vendors of operating systems; and whether Muscle Warfare International, Inc. can successfully gain market acceptance. Actual results may differ materially from those contained in the forward-looking statements in this press release.
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