Youth Enhancement on Its Way to Reporting With Jewett Schwartz & Associates
Youth Enhancement on Its Way to Reporting With Jewett Schwartz & Associates
MIAMI, Aug. 4 /PRNewswire-FirstCall/ -- Infomercial leader, Youth Enhancement Systems, Inc. , today announced that it has retained the accounting firm of Jewett, Schwartz & Associates to audit its 2004-2006 financials. The innovator, developer and distributor of groundbreaking personal care products has already retained securities council Joseph I. Emas and continues to take the necessary steps to become a fully reporting company with the future goal of moving up to the OTC Bulletin Board.
Two rounds of financial reviews have been completed and the company expects the audited financials to be finalized within 60 days. Projected revenues are expected to double in 2006 from 2005.
"We're a unique pink sheet company in that we are already have established revenues and a solid infrastructure as well as a proven direct response model giving us explosive growth potential," said Kevin D. Sepe, CEO of Youth Enhancement Systems, Inc.
Youth Enhancement Systems, Inc. (YES) is the innovator, developer and distributor of groundbreaking personal care products dedicated to making people all over the world look and feel younger and better. The company's products offer solutions to everyday problems such as hair loss, anti-aging, problem skin, pain management, memory/mental performance and personal safety, thereby improving the quality of life. YES delivers consumer products to the aging demographic as well as other underserved market sectors. Each product line is company owned or exclusively licensed.
YES is an 'idea shop' that employs a proprietary international sourcing system; discovering inventions, formulations and revolutionary products. Much like the hit TV show "American Inventor," the company's highly specialized and skilled team of experts identify products with commercial potential and then develop those products from concept through clinical testing, market testing, packaging, collateral, media buying and finally branding - all done in-house.
The company markets these products through mass Direct Response advertising (infomercials) and has a stellar track record and proven ability of precisely predicting its sales and growth through DR's formula driven model. This medium presents the YES family of brands in a compelling manner, delivering revenue at high margins with quantifiable results.
For more information on Youth Enhancement Systems go to http://www.youthenhancement.com/ or call Donald Braxton at Investor Relations 1-866-383-3765.
Included in this release are certain "forward-looking" statements, involving risks and uncertainties, which are covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding Youth Enhancement Systems, Inc. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending, Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Youth Enhancement Systems, Inc., does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.
Source: Youth Enhancement Systems, Inc.
CONTACT: Donald Braxton, Investor Relations for Youth Enhancement
Systems, Inc., 1-866-383-3765
Web site: http://www.youthenhancement.com/
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