Health insurance

SK3 Group, Inc. Announces $5M Sale of Biomolecules to SuperFruit BioSciences, Inc. MarketWatch (press release)

25.05.10

MIAMI, FLORIDA, May 25, 2010 (MARKETWIRE via COMTEX) -- SK3 Group, Inc. (PINK SHEETS: SKTO) today announces that it has signed a $5M biomolecule sales agreement with SuperFruit BioSciences, Inc., a Florida corporation.

The biomolecules that are the subject of the sale are intended for cosmetic product use and skin treatment in the United States and South America. They were produced as a by-product of the proprietary and patented adult stem cell regeneration technology owned by Texas-based adult stem cell technology company Regenetech ( www.regenetech.com ). Discovia Life Sciences, the biotechnology and advanced life sciences holding portfolio of parent company Healthcare of Today, sold the biomolecules to SK3 Group earlier this year.

SuperFruit BioSciences, Inc. is a value added manufacturer, direct supplier, and innovator in Amazon Rain Forest super fruit ingredient processing. The Amazon Rainforest holds many of the health and wellness answers for the earth's aging population and is a treasure chest of medicinal bio-resources derived from fruits, plants and trees that, when harnessed together, will provide a powerful and diverse portfolio of products to the marketplace. Sourcing super fruits such as Acai in the Amazon basin while following sustainable, environmentally conscious business practices and food and health product safety guidelines, Superfruit BioSciences, Inc. captures the essence of this opportunity by bringing together well known local Brazilian experts, along with critical focus on R&D with several U.S. universities and the Institute for Superfruit Research, which it founded.

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