GenTech’s Nature Soothie® Children's Soothing Lollipops Reaches Major Milestone

Rhea-AI Summary

GenTech Holdings, Inc. (OTC Pink: GTEH) announced that its brand Nature Soothie has sold over 100,000 units since its majority acquisition in August 2021. This reflects substantial growth and market penetration, with distribution expanding to major retailers like Whole Foods and Sprouts Farmers Market. CEO Leonard K. Armenta Jr. lauded the brand’s rapid success. Additionally, STORM™ is gaining traction with new retailer partnerships across the U.S. and in international markets. GenTech anticipates completing its name change to Supplement Group (USA) in February 2022.

Positive

• Nature Soothie sold over 100,000 units since August 2021.
• Expansion into major retailers like Whole Foods and Sprouts Farmers Market.
• Strong growth and market penetration for Nature Soothie brand.
• STORM™ gaining new retail partnerships in the U.S. and internationally.

Negative

• None.

Sprouts Farmers Markets® and Whole Foods Market® leading the way to tremendous growth in 2022

Wheat Ridge, COLORADO, Feb. 04, 2022 (GLOBE NEWSWIRE) -- GenTech Holdings, Inc. (OTC Pink: GTEH) (“GenTech” or the “Company”), (a/k/a Supplement Group (USA) Inc.,) (www.gentechholdings.com) an emerging leader in the Functional Foods (www.sinfit.com) and Nutritional Supplement (www.americanmetabolix.com) marketplaces, is pleased to announce that one of its fastest growing brands “Nature Soothie” (www.naturesoothie.com) has surpassed +100k soothies sold since being majority acquired in August 2021.

SINFIT Nutrition, Inc. acquired a 75% controlling stake in Nature Spoon, LLC in August 2021 and it is already showing exponential growth in unit sales as well as being picked up by many major Supermarkets and Independent Chain Stores across the country.

Nature Soothie™ suckers sold +100,000 individual soothies between August 2021 and present day, showing incredible growth over the previous period and is testament that the sales operation at SINFIT Nutrition, Inc. drives exponential growth into brands.

Leonard K. Armenta Jr., CEO of SINFIT Nutrition, Inc. commented that “The growth we are seeing from Nature Soothie, not only in independent chains, but also in Whole Foods and Sprouts is incredible, and I am hugely proud of what the team has achieved with this brand in such a short time, in both absolute numbers and in market penetration across the US. With Sprouts and Whole Foods now stocking our products we see the growth in this brand really being a surprise star of 2022.”

Retail locations from Clark’s Nutritional Centers in California, through Harmon’s in Utah and across to the Natural Retail Group in Florida are all stocking the product, as well as many other incredibly successful partners in between.

GenTech Holdings, Inc. recently announced that, STORM™, another of the company’s brands, has assembled an extremely impressive array of retailers both in the US and internationally. With 10 GNC® Franchises picking up the brand with locations in Tampa, Houston, Mississippi, and Minnesota recently added they are in good company, as specialty retail stores across the country are already stocking the brand. NIP Fitness, Total Nutrition, OC Discount and Muscle & Strength, are just a handful of those rushing to sign up the brand and are already placing orders. UK and New Zealand distributors are also already in the final days of putting together their orders to take the brand into their established retail footprint territories as well.

GenTech Holdings, Inc. has already applied to FINRA for a name change to Supplement Group (USA) Inc. in October 2021 and anticipates approval for this action in February 2022.

About GenTech Holdings, Inc.
GenTech Holdings, Inc. (a/k/a Supplement Group (USA) Inc., www.supplementgrp.com) is a publicly traded company under the symbol GTEH. The Company owns and operates leading functional foods brand, SINFIT Nutrition, which offers a range of high-end Functional Foods as well as American Metabolix, Inc. which provides a diverse range of Nutritional Supplements through its brands American Metabolix, Storm Lifestyles and Core Natural Sciences.

www.sinfit.com www.americanmetabolix.com www.stormlifestyles.com www.nxtbar.com www.naturesoothie.com www.swftstims.com www.yourganics.com www.mpbsnacks.com

Forward-Looking Statements
This press release may contain forward-looking statements, including information about management's view of GenTech, Inc.'s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of GenTech, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on GenTech's future results. The forward-looking statements included in this press release are made only as of the date hereof. GenTech cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, GenTech undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by GenTech.

Corporate Contact:
invest@gentech.group
www.gentechholdings.com

Public Relations:
EDM Media, LLC
https://edm.media

Attachments

• $GTEH - GenTech’s Nature Soothie® Children's Soothing Lollipops Reaches Major Milestone
• $GTEH - GenTech’s Nature Soothie® Children's Soothing Lollipops Reaches Major Milestone
• $GTEH - GenTech’s Nature Soothie® Children's Soothing Lollipops Reaches Major Milestone

FAQ

What milestone has GenTech Holdings (GTEH) achieved with Nature Soothie?

GenTech Holdings announced that its Nature Soothie brand has sold over 100,000 units since August 2021.

Which major retailers are now selling Nature Soothie?

Nature Soothie is now available at major retailers including Whole Foods and Sprouts Farmers Market.

When did GenTech Holdings acquire Nature Soothie?

GenTech Holdings acquired a majority stake in Nature Soothie in August 2021.

What is the stock symbol for GenTech Holdings?

GenTech Holdings is publicly traded under the stock symbol GTEH.

When does GenTech plan to change its name to Supplement Group (USA)?

GenTech anticipates completing its name change to Supplement Group (USA) in February 2022.