DENVER, CO--(Marketwire - Feb 25, 2013) - MusclePharm Corporation (
The GNC Rising Star award is given annually to an emerging brand that has demonstrated strong sales growth in a short time period. The winner has proven to fully support GNC customers in regards to favorable promotional activity and programs and show significant growth potential.
As part of the announcement, MusclePharm was characterized as "an outstanding vendor for GNC making many high quality products our customers love. They focus on products for active lifestyles and you can't miss their packaging with the unmistakable green dominating their section in GNC. Some of their popular products at GNC include Assault, Combat Powder, and Bullet Proof."
MusclePharm Founder & CEO, Brad Pyatt, stated, "It is a significant achievement to have been tapped by GNC as the 2012 'Rising Star' sports vendor. We greatly value our relationship with GNC and hope to see the volume of MusclePharm products sold by GNC continue to grow throughout 2013 and beyond."
Mr. Pyatt continued, "Over the past 3 years, we have experienced a substantial increase in year-over-year revenue -- growing from a sub $5 million company in 2010 to approximately $78 million in 2012. The MusclePharm brand has continued to gain momentum largely because we sell outstanding products that give our customers the results they are looking for."
ABOUT MUSCLEPHARM CORPORATION
MusclePharm is a healthy lifestyle company that develops and manufactures nutritional supplements that address active lifestyles, including muscle building, weight loss and maintaining general fitness through a daily nutritional supplement regimen. The products are formulated through a six-stage research process using the expertise of leading nutritional scientists. MusclePharm's products are sold to consumers in more than 110 countries and available in over 10,500 U.S. retail outlets, including Dick's Sporting Goods, GNC, Vitamin Shoppe and Vitamin World. MusclePharm products also are sold through more than 100 online channels globally, including bodybuilding.com, amazon.com and vitacost.com. For more information, please visit http://musclepharm.com/.
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. Statements that are not a description of historical facts constitute forward-looking statements and may often, but not always, be identified by the use of such words as "expects", "anticipates", "intends", "estimates", "plans", "potential", "possible", "probable", "believes", "seeks", "may", "will", "should", "could" or the negative of such terms or other similar expressions. Actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in the Company's business. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's Annual Report on Form 10-K/A for the fiscal year ended December 31, 2011, the Company's Quarter Reports on Form 10-Q and other filings submitted by the Company to the SEC, copies of which may be obtained from the SEC's website at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and the Company undertakes no obligation to revise or update this release to reflect events or circumstances after the date hereof.