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2010 Regional Supplier and Exemplary Partner of Accès Pharma chez Walmart

^{Published on 2011-05-25 12:35:45 - Market Wire}
 

ST-EUSTACHE, QC, May 25, 2011 /CNW Telbec/ - Distribution ProtiLife Inc., a wholly-owned subsidiary of Ranaz Corporation ("Ranaz") (TSXV: RNZ), was named the 2010 regional supplier and exemplary partner of Accès Pharma chez  Walmart at the gala evening of the annual convention of this leading group of affiliated pharmacies held in Québec City, May 17^th to 19^th.

The 2010 regional supplier and exemplary partner award was attributed to Distribution ProtiLife for its sales and marketing efforts which resulted in a marked 47% sales increase of its ProtiLife dietary product line in the Accès Pharma chez Walmart network, as well as for its support of many of the group's merchandising and promotional programs including its participation in the Diabetes Québec fundraising campaign.

"We are proud of this award which recognizes the excellent business relationship we have established with Accès Pharma chez Walmart. We expect to develop new markets nationally and internationally with this world-class chain", explained Aldo Spensieri, Vice-President, Sales and Marketing of Ranaz.

The ProtiLife line launched in 2007 has become the unquestionable dietary product leader in Quebec. According to recent market surveys by well-known specialized firms, ProtiLife sales increased by 10% for 2010 while those of the overall dietary product category decreased by 10% during the same period. ProtiLife is a weight loss program which includes a line of 17 products (seven in packets and ten ready-to-eat bars) specially designed for quick weight loss, complete with a schedule for maintaining a healthy weight once achieved. The ProtiLife line is distributed in Canada through independent pharmacy chains and major retail distributors.

Jean Bourassa, President and CEO of Ranaz stated, "this recognition bears witness to the constant efforts we deploy in the research and development of top quality innovative products, in our strict manufacturing standards and in the highest levels of professional product sales and marketing. We continue to work closely with all customers to develop, manufacture and market top selling products dedicated to better the health of consumers".

About Ranaz Corporation

Ranaz is a corporation specializing in the manufacture and sale of protein and dietary supplements. Its mission is to design, develop and market nutritional, protein and dietary supplements under its own corporate brands and concepts, such as Protidiet and ProtiLife, as well as under private labels.

Full information, including the management discussion and analysis and the financial statements thereto, is available on SEDAR, at [ www.sedar.com ]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.