SALT LAKE CITY, Feb. 9, 2012 (GLOBE NEWSWIRE) -- LifeVantage Corporation (OTCBB: LFVN), maker of Protandim®, the Nrf2 Synergizer™ patented Dietary Supplement, announced today that its spokesperson, Donny Osmond, appeared on the Dr. Phil show February 8 and shared one of his "secrets" to his youthful appearance and vitality—Protandim. On the heels of Donny's appearance, Protandim ranked first among Google searches in the United States February 8, and remains in the top among Google searches in the United States February 9. In addition to its Google trend ranking, LifeVantage.com visits were up nearly 300% and Protandim.com visits were up over 800% during the same time period.
Donny Osmond, the 2009 "Dancing with the Stars" champion, said he had discovered what he called his own "fountain of youth"—Protandim—during his appearance on the Dr. Phil show. Donny added that he has taken Protandim for two years at his doctor's recommendation and has experienced many health benefits and anti-aging results.
"This continues to be an exciting time for Protandim and LifeVantage," said LifeVantage President and CEO, Douglas C. Robinson. "There is an ever increasing number of Nrf2 studies in many of the most respected universities and institutions around the world. It is also gratifying to know that Protandim is of such interest that people have been typing 'Protandim' in Google searches more than any other word recently."
About Protandim, the Nrf2 Synergizer
Protandim® is a clinically demonstrated supplement that provides substantial benefits for healthy aging. Nrf2 is a protein messenger contained in every cell of the body. When activated, Nrf2 enters the cell nucleus and turns on hundreds of survival genes, defensive, stress responsive, cytoprotective genes that enable cells to survive in the face of several different kinds of stress, particularly oxidative stress. This patented Nrf2-activating therapy works in a very different way than conventional antioxidant supplements. Unlike vitamin or carotenoid-containing products that have proven to be largely ineffective in reducing oxidative stress caused by free radicals, Protandim is an indirect antioxidant therapy, which stimulates the body's production of its own powerful antioxidant enzymes and other stress-related gene products. Protandim works at the cellular level, triggering cells to naturally increase production of protective antioxidant enzymes such as superoxide dismutase (SOD), catalase, and glutathione synthase, while decreasing production of pro-inflammatory signals. A peer-reviewed human clinical study showed that after Protandim was taken for 30 consecutive days, important biochemical markers of aging were decreased by an average of 40%. The study also reported that these markers of aging were reduced in the subjects taking Protandim to the level of a typical 20 year old. Protandim is currently the subject of several scientific studies at universities and research facilities. The nature and stages of the studies vary. Under the Dietary Supplement Health and Education Act, Protandim is considered a "dietary supplement". Protandim is not intended for the prevention, diagnosis, treatment, mitigation or cure of any disease. For more information about Protandim, visit www.LifeVantage.com.
About LifeVantage Corporation
LifeVantage (OTCBB: LFVN), maker of Protandim®, the Nrf2 Synergizer™ patented dietary supplement, is a science based nutraceutical company. LifeVantage is dedicated to visionary science that looks to transform wellness and anti-aging internally and externally with supplements that dramatically reduce oxidative stress at the cellular level. The Company was founded in 2003 with corporate headquarters in Salt Lake City, UT and operations in San Diego, CA. For more information, visit www.LifeVantage.com.
The LifeVantage Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=11617
Forward Looking Statements
This document contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words and expressions reflecting optimism and satisfaction with current prospects, as well as words such as "believe," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates" and variations thereof, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and the Company's actual results could differ materially from those contained in such statements. These forward-looking statements are based on the Company's current expectations and beliefs concerning future events affecting the Company and involve known and unknown risks and uncertainties that may cause the Company's actual results or outcomes to be materially different from those anticipated and discussed herein. These risks and uncertainties include, among others, the potential failure or unintended negative consequences of the implementation of the Company's network marketing sales channel; the Company's ability to retain independent distributors or to attract new independent distributors on an ongoing basis; the potential for third party and governmental actions involving the Company's network marketing sales channel; the potential for product liability claims against the Company; the risk that government regulators and regulations could adversely affect the Company's business; future laws or regulations may hinder or prohibit the production or sale of the Company's existing product and any future products; unfavorable publicity could materially hurt the Company's business; and the Company's ability to protect its intellectual property rights and the value of its product. These and other risk factors are discussed in greater detail in the Company's Annual Report on Form 10-K and its Quarterly Report on Form 10-Q under the caption "Risk Factors", and in other documents filed by the Company from time to time with the Securities and Exchange Commission. The Company cautions investors not to place undue reliance on the forward-looking statements contained in this document. All forward-looking statements are based on information currently available to the Company on the date hereof, and the Company undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances after the date of this document, except as required by law.
CONTACT: Media Relations Contact:
Andrea Ramsey (801) 432-9019
Investor Relations Contact:
Cindy England (801) 432-9036 -or-
John Mills (310) 954-1105 Senior Managing Director, ICR, LLC
Source: LifeVantage Corporation
Federal employees ask how cutting their pay, benefits puts Americans back to work
WASHINGTON, Feb. 9, 2012 /PRNewswire-USNewswire/ -- The American Federation of Government Employees is launching a nationwide advertising campaign this weekend calling out Republican lawmakers for supporting a plan to pay for the payroll tax relief extension by slashing federal employee wages.
The new ads feature three federal employees from AFGE Locals representing Veterans Affairs nurses, Defense Department workers and federal corrections officers. Each of the employees asks GOP lawmakers to "explain it to me" how cutting federal pay and benefits helps put Americans back to work.
"I earn less than $45,000 a year. Explain it to me, GOP, how cutting my pay creates jobs," says Paul Hoban of AFGE Local 1647, which represents employees at Tobyhanna Army Depot in Pennsylvania.
"Twelve percent of the salary I earn caring for veterans goes to my retirement. Explain it to me, GOP, how cutting my retirement puts people to work," says Teresa Capecchi of AFGE Local 3669, which represents nurses at Minnesota VA Hospitals.
"I pay more than $9,000 a year for family health insurance. Explain it to me, GOP, how cutting my take-home pay lowers unemployment," says Eric Young of AFGE Local 501, which represents corrections officers at Federal Detention Center Miami.
The 30-second television ad will premiere in the Washington area during the Sunday morning talk shows on ABC and CBS and will air Monday and Tuesday on CNN, Fox News and MSNBC. A full-page print ad will run in Monday's Politico newspaper, which is distributed to every lawmaker on Capitol Hill. Versions of both ads also are being sent to AFGE locals to run in their local communities.
Republicans in Congress have proposed paying for the payroll tax relief extension by freezing federal employee salaries for another year.
"Federal employees already have given up their pay raises for two years in a row and many are in danger of losing their jobs because of drastic agency downsizing efforts," AFGE National President John Gage said. "Freezing their wages for another year adds insult to injury and does nothing to get Americans back to work."
Hundreds of AFGE members from every major federal agency and representing all 50 states will be in Washington for AFGE's annual Legislative and Grassroots Mobilization Conference Feb. 12-15. Members will be meeting with their Congressional representatives during the week to address the attacks on federal employees' pay, pensions and benefits.
The new ads build on the "Explain it to me, GOP" campaign that AFGE launched in December. A special website, www.ExplainItToMeGOP.org, has been created to share information regarding the issue. Copies of the ad can be viewed on this website.
The American Federation of Government Employees (AFGE) is the largest federal employee union, representing 625,000 workers in the federal government and the government of the District of Columbia.
For the latest AFGE news and information, follow us on Facebook and Twitter.
SOURCE American Federation of Government Employees
CALGARY, ALBERTA--(Marketwire - Feb. 9, 2012) - Arsenal Energy Inc. (TSX: AEI) (PINKSHEETS: AEYIF)
AJM Deloitte have evaluated Arsenal's reserves as at December 31, 2011 in accordance with National Instrument 51-101. The information that follows has been derived from that evaluation.
More detailed reserve information will be included in Arsenal's Annual Information Form for the year ended December 31, 2011 which will be filed on SEDAR at www.sedar.com on or before March 30, 2012.
Highlights
-- Year/year proved plus probable reserves increase by 50%
-- Year/year proved reserves increase by 38%
-- Year/year net present value of proved plus probable reserves, before
income tax and discounted at 10%, increase by 47%
-- Arsenal's net asset value increases to $1.60/share
-- Oil and natural gas liquids at December 31, 2011 constitute 80% of
proved plus probable reserves
-- Based on the December 2011 production rate of 3,940 boe/day, Arsenal has
a reserve life of 6.9 years on a total proved basis and 10.9 years on a
proved plus probable basis.
Summary of Oil and Natural Gas Reserves as at December 31, 2011
----------------------------------------------------------------------------
Oil and NGL's Natural Gas Oil Equivalent
Gross Net Gross Net Gross Net
Reserve Category (Mbbl) (Mbbl) (MMcf) (MMcf) (Mboe) (Mboe)
----------------------------------------------------------------------------
Proved
Developed producing 3,690.3 3,051.8 11,139.8 9,487.6 5,547.0 4,633.1
Developed
nonproducing 114.0 96.5 782.1 702.0 244.4 213.5
Undeveloped 3,978.7 3,182.8 1,101.9 888.6 4,162.4 3,330.9
----------------------------------------------------------------------------
Total Proved 7,783.0 6,331.1 13,023.8 11,078.1 9,953.6 8177.5
----------------------------------------------------------------------------
Probable additional 4,752.9 3,825.5 6,088.3 5,239.2 5,767.6 4,698.7
----------------------------------------------------------------------------
Total Proved +
Probable 12,308.8 10,156.6 19,112.1 16,317.3 15,721.3 12,876.2
----------------------------------------------------------------------------
(1) "Gross" reserves means Arsenal's interest before deduction before deduction of royalties
(2) "Net" reserves means Arsenal's interest after deduction of royalties
Summary of Net Present Values of Future Net Revenue as of December 31, 2011
($ Millions)
----------------------------------------------------------------------------
Value Before Income Tax
Discounted at (% per year)
----------------------------------------------------------------------------
Reserve Category 0% 5% 10%
----------------------------------------------------------------------------
Proved
Developed producing 153.6 126.1 109.0
Developed nonproducing 6.9 4.6 3.5
Undeveloped 132.2 76.7 43.7
----------------------------------------------------------------------------
Total Proved 292.8 207.4 156.2
----------------------------------------------------------------------------
Probable additional 309.3 196.4 140.2
----------------------------------------------------------------------------
Total Proved + Probable 602.1 403.8 296.4
----------------------------------------------------------------------------
(1) AJM forecast prices at December 31,2011
(2) Includes future development capital of $128.5 MM$
2011 Reserve Reconciliation
----------------------------------------------------------------------------
December Acquired / Adds / December
31, 2010 Sold Production Revisions 31,2011
----------------------------------------------------------------------------
TP (Mboe) 7,218 2,640 814 909 9,953
TP value (MM$) 143.3 35.0 30.9 18.7 166.1
P+P (Mboe) 10,466 3,808 849 2,261 15,721
P+P value (MM$) 201.4 41.6 30.9 84.2 296.4
----------------------------------------------------------------------------
Net Asset Value
as at December 31
----------------------------------------------------------------------------
$000's 2006 2007 2008 2009 2010 2011
----------------------------------------------------------------------------
P+P PV10 (10% DNAV) 77.1 87.6 166.4 200.8 201.4 296.4
Land 1.5 1.5 2.0 2.0 6.4 10.0
Seismic 0.3 0.8 0.9 1.0 2.0 2.0
Debt + Working Capital -28.5 -20.7 -41.8 -27.0 -18.8 -56.0
----------------------------------------------------------------------------
NAV (MM$) 50.4 69.2 127.5 176.8 191.0 252.4
Shares Outstanding (MM) 73.3 83.7 101.6 120.5 140.6 157.3
----------------------------------------------------------------------------
NAV/Share ($/share) 0.69 0.83 1.25 1.47 1.36 1.60
----------------------------------------------------------------------------
To receive company news releases via e-mail, please advise info@arsenalenergy.com and specify "Arsenal Press Releases" in the subject line.
Advisory
The information provided above includes references to discovered and undiscovered oil and natural gas resources. There is no certainty that any portion of the resources will be discovered. If discovered, there is no certainty that it will be commercially viable to produce any portion of the resource.
Certain statements and information contained in this press release, including but not limited to management's assessment of Arsenal's future plans and operations, production, reserves, revenue, commodity prices, operating and administrative expenditures, funds from operations, capital expenditure programs and debt levels contain forward-looking statements. All statements other than statements of historical fact may be forward looking statements. These statements, by their nature, are subject to numerous risks and uncertainties, some of which are beyond Arsenal's control including the effect of general economic conditions, industry conditions, changes in regulatory and taxation regimes, volatility of commodity prices, escalation of operating and capital costs, currency fluctuations, the availability of services, imprecision of reserve estimates, geological, technical, drilling and processing problems, environmental risks, weather, the lack of availability of qualified personnel or management, stock market volatility, the ability to access sufficient capital from internal and external sources and competition from other industry participants for, among other things, capital, services, acquisitions of reserves, undeveloped lands and skilled personnel that may cause actual results or events to differ materially from those anticipated in the forward looking statements. Such forward-looking statements although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated in the statements made and should not unduly be relied on. These statements speak only as of the date of this press release. Arsenal does not intend and does not assume any obligation to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Arsenal's business is subject to various risks that are discussed in its filings on the System for Electronic Document Analysis and Retrieval (SEDAR).
In this press release where amounts are expressed on a barrel of oil equivalent ("boe") basis, natural gas volumes have been converted to oil equivalence at six thousand cubic feet per barrel. The term boe may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Estimates of future net revenue do not represent fair market values.
FOR FURTHER INFORMATION PLEASE CONTACT:
Arsenal Energy Inc.
Tony van Winkoop
President and Chief Executive Officer
(403) 262-4854
Arsenal Energy Inc.
J. Paul Lawrence
Vice President, Finance and CFO
(403) 262-4854
Fax: (403) 265-6877(FAX)
Arsenal Energy Inc.
1900, 639 - 5th Avenue S.W.,
Calgary, Alberta, T2P 0M9
info@arsenalenergy.com
www.arsenalenergy.com
Source: Arsenal Energy Inc.
TUPELO, Miss., Feb. 9, 2012 /PRNewswire/ -- The board of directors of Renasant Corporation (NASDAQ: RNST) approved the payment of a quarterly cash dividend of seventeen cents ($0.17) per share to be paid April 1, 2012, to shareholders of record as of March 14, 2012.
ABOUT RENASANT CORPORATION:
Renasant Corporation, a 107-year-old financial services institution, is the parent of Renasant Bank and Renasant Insurance. Renasant has assets of approximately $4.2 billion and operates over 75 banking, mortgage, financial services and insurance offices in Mississippi, Tennessee, Alabama and Georgia. For more information please visit www.renasantbank.com or the Company's IR site at www.renasant.com.
|
Contacts |
For Media: |
For Financials: |
|
|
John Oxford |
Stuart Johnson |
|
|
Vice President |
Senior Executive Vice President |
|
|
Director of External Affairs |
Chief Financial Officer |
|
|
(662) 680-1219 |
(662) 680-1472 |
|
|
SOURCE Renasant Corporation
SANTA CLARA, Calif., Feb. 9, 2012 /PRNewswire/ -- With so many vacation destinations around the world, it may be difficult trying to even just pinpoint the best places to go, but now, it doesn't have to be.
The Bay Area Travel & Adventure show is coming to the Santa Clara Convention Center, February 18-19, 2012, to make it easier for aspiring travelers to plan their perfect getaway. The show features a multitude of travel resources and information, seminars with celebrity guest speakers, hands-on activities, a Global Beats dance stage and special culinary demonstrations.
Over 150 destination experts and tour operators will present the thousands of options available in traveling. In addition, a number of the exhibitors are doing giveaways, ranging from gift certificates to trips, as well as providing show-exclusive discounts.
Celebrity guest speakers, such as Patricia Schultz and Rick Steves, will lead informative seminars on the Travel & Adventure Stage. Schultz, bestselling author of the 1,000 Places to See Before You Die series, and Rick Steves, TV personality and author, will share their travel tips and experiences and sign copies of their books following the seminars. Rick Steves is known for his bestselling guidebook series and will discuss practical, money-saving ins and outs of independent travel.
On the Fiery Foods Stage, unique culinary flavors from around the world will come alive as local chefs cook traditional "hot" dishes and compete in the Fiery Foods Challenge. Each chef will prepare a dish that the audience will vote on to determine a winner.
On the same stage, celebrity travel expert and author Mark DeCarlo, known for his book "A Fork in the Road", will hold an interactive cooking class and competition. Three audience members will be chosen from a drawing to recreate a dish right on the spot based on DeCarlo's decision. The winner, determined again by the audience, wins an exhilarating, all-inclusive Yucatan vacation.
Show attendees can also take part in exciting adventure activities, including rock-climbing, zip-lining and bubble rollers.
The Bay Area Travel & Adventure Show presented by Unicomm LLC runs February 18 from 10am-5pm and February 19 from 11am-4pm. Tickets are $9 online with promo code SCPR, $15 at the door and children 16 and under are free. For additional information visit www.adventureexpo.com/santaclara . Direct press inquiries to Liz Rosinski at 650.548.6700 or via email at Lrosinski@prmagic.com .
SOURCE Unicomm LLC
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