Press Release
June 9, 2008
Boca Raton, Florida
Contact: www.medgen.com
Med Gen Markets "Sleep Strip"
Boca Raton, Florida –(BUSINESS WIRE)—Med Gen Inc. (“MDIN”), manufacturers of nationally branded OTC healthier life products and specialty financial services reports that it has begun to market its Good Nights Sleep- Sleep Strip®. The strip, based upon its Good Nights Sleep spray formula, is a unique, easily dissolved on the tongue, highly effective formula that induces sleep safely and all naturally.
According to Research and Markets®, over 150 million Americans suffer from some sort of sleep problem. This equates to an estimated market category that exceeds 30 Billion at retail.
Med Gen, once again, introduces a product that is unique, in a market clamoring for something new. This is specially true, since many users of sleep inducing products fear the probability of addiction from the use of these drugs.
For those seeking to rid themselves from jet lag, orthe inability to fall asleep, this easily dissolved strip will quickly melt on the tongue without the help of water, inducing restful sleep. “It’s fast acting and delicious”, reports company Chairman Paul Kravitz. “Set to retail at $12.95 for a 10 day supply, the Sleep Strip is a perfect companion to Med Gen’s other products now being marketed to consumers nationally on TV”. Visit our website at www.medgen.com for further information.About Med Gen Inc.
Med Gen Inc., in business since 1996, manufactures and markets specialty products using its proprietary delivery system Spray's the Way ("STW"). It is best known for producing the world's first patented liquid spray snoring relief formula, Snorenz®. Since its existence, Med Gen has continued to develop its STW technology, introducing Good Nights Sleep® and the UnDiet® system into its family of brands. FabulustT, the company's newest product, a female sexual stimulant, is scheduled to launch in the late fall of 2007. While STW technology is mainly used, the company also produces other products that deal with common health issues using other delivery systems. Recently, the company formed a joint venture to market TheraPedic CST an innovative and patented innersole, that amongst other attributes, cools and comforts the feet. The company markets its products to distributors, major chain and drug stores, direct sales via the company web site and direct to consumer television, radio and print advertising. The company also distributes its brands internationally under various private labels or existing names. The Company also offers specialty services to small emerging public companies in similar fields as a way of adding assets to its base business. Med Gen Inc. is a fully reporting company whose stock trades on the OTCBB under the symbol "MGEN". For information contact Investor Relations 561-750-1100 or www.medgen.com.
This Press Release contains or incorporates by reference "forward looking statements including certain information with respect to plans and strategies of Med Gen Inc. For this purpose, any statements contained herein or incorporated herein by references that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words "believes", "suggests", "anticipates", "plans", "expects", and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of Med Gen operations that could differ materially from those indicated by such forward looking statements.