Pacific Software Inc. Acquires Scientifically Tested Medical Food Cocktail Focused on Memory Health

Rhea-AI Summary

Pacific Software announced its acquisition of a science-based dietary supplement focused on brain health and memory function, sold under the brand names SuppleMEM AD™ and A.L.Z. Defense™. This acquisition marks Pacific's expansion beyond its previous focus on skin care and wound healing. CEO Harrysen Mittler stated the product has been profitable for over 8 years, and studies funded by the NIH at the University of California, Irvine, and the University of Kentucky have validated its effectiveness. Pacific's President, Dr. Malcolm Leissring, emphasized that proceeds will support the AD Foundation's Alzheimer’s prevention initiatives.

Positive

• Acquisition of a profitable product line focused on brain health, which has been successful for over 8 years.
• Strategic expansion beyond skin care and wound healing, diversifying the company’s portfolio.
• Strong scientific backing with NIH-funded studies conducted by reputable researchers.
• Potential for rapid path to profitability with the new product line.
• Commitment to Alzheimer's prevention, with proceeds supporting the AD Foundation's mission.

Negative

• Change in company focus may divert resources from existing core operations in skin care and wound healing.
• Dependence on continued consumer interest and sales in the crowded dietary supplement market.
• Potential risks related to the efficacy and safety of the new product line in human applications, despite animal study validations.

Dana Point, Calif., May 24, 2024 (GLOBE NEWSWIRE) -- Pacific Software Inc. ("Pacific") announces the acquisition of a science-based dietary supplement supporting brain health and memory function. The supplement, which has been sold profitably for more than 8 years under the brand names SuppleMEM AD™ and A.L.Z. Defense™, features a formula tested extensively by leading Alzheimer's researchers.

"Acquiring this established product line not only adds another rapid path to profitability for Pacific, but it also signifies a strategic expansion of the mission of the company," said Harrysen Mittler, CEO. Prior to this acquisition, Pacific had been focused exclusively on skin care and wound healing, having licensed a patented technology for stimulating collagen production for skin care and wound healing. "Though we remain focused on scientifically validated products, a focus encompassing both health and skin care is a natural fit."

The core formula within A.L.Z. Defense™ is a combination of safe, natural products combined into a single "medical food cocktail" specifically formulated to support essential aspects of memory such as neuroplasticity. The formula was evaluated in two large, multi-year laboratory experiments funded by a grant from the National Institutes of Health (NIH). The first study, conducted at the University of California, Irvine, was performed in a mouse model of Alzheimer’s disease. The second study, conducted at the University of Kentucky, tested the formula in dogs (beagles) which develop the disease late in life. Both studies were conducted by highly reputable groups of Alzheimer's researchers. Citations for the publications describing the results of these studies are provided below.

Pacific's President and Chief Scientific Officer, Dr. Malcolm Leissring, is an internationally recognized expert in the molecular pathogenesis of Alzheimer's disease. He is also the founder and president of the Auguste Deter Foundation (AD Foundation), a nonprofit organization named in honor of the first patient diagnosed with Alzheimer's disease with the mission of promoting Alzheimer's disease prevention. "Pacific is proud to announce that a portion of all proceeds from the sale of these new products will be donated to the AD Foundation to support its mission of educating the public on the many ways the risk for Alzheimer's disease can be mitigated through lifestyle changes, nutrition and dietary supplements," said Dr. Leissring. More information about the AD Foundation can be found at www.ad.foundation.

References

1. Parachikova A, Green KN, Hendrix C, LaFerla FM. PLoS One. 2010 Nov 17;5(11):e14015. doi: 10.1371/journal.pone.0014015. PubMed PMID: 21103342; PubMed Central PMCID: PMC2984445. LINK
   
2. Head E, Murphey HL, Dowling AL, McCarty KL, Bethel SR, Nitz JA, Pleiss M, Vanrooyen J, Grossheim M, Smiley JR, Murphy MP, Beckett TL, Pagani D, Bresch F, Hendrix C. J Alzheimers Dis. 2012;32(4):1029-42. doi: 10.3233/JAD-2012-120937. PubMed PMID: 22886019; PubMed Central PMCID: PMC4006672. LINK

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, PFSF's ability to successfully execute its expanded business strategy, including by entering into definitive agreements with suppliers, commercial partners and customers; general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various scientific and manufacturing programs, changes in future customer order patterns, changes in product mix, continued success in technical advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, regulatory requirements and the ability to meet them, government agency rules and changes, and various other factors beyond PFSF's control. Except as may be required by law, Pacific Software, Inc. undertakes no obligation, and does not intend, to update these forward-looking statements after the date of this release.

Contact:

Harrysen Mittler, CEO
Tel: (310) 600-5064
E-mail: info@dreamaderm.com
Website: http://www.dreamaderm.com/

Source: Pacific Software Inc.

FAQ

What product did Pacific Software acquire?

Pacific Software acquired a science-based dietary supplement focused on brain health, marketed under the brand names SuppleMEM AD™ and A.L.Z. Defense™.

What is the focus of the acquired supplement?

The supplement focuses on supporting brain health and memory function.

How long has the acquired supplement been profitable?

The supplement has been profitable for over 8 years.

What studies support the effectiveness of Pacific Software’s new product?

The product's effectiveness is supported by NIH-funded studies conducted at the University of California, Irvine, and the University of Kentucky.

How will the acquisition impact Pacific Software’s strategic focus?

The acquisition expands Pacific Software’s focus to include both health supplements and skin care products.

Will sales support any charitable causes?

Yes, a portion of the proceeds from the new products will support the Auguste Deter Foundation's Alzheimer's prevention initiatives.