Optigenex, Promethean Partner Up

NEW YORKOptigenex Inc. signed a long-term exclusive license agreement with Promethean Corp. for distribution and marketing of branded cosmeceutical and dietary supplement products containing AC-11®, a patented, all-natural rainforest botanical extract manufactured by Optigenex that helps the body's natural ability to repair damaged DNA as a result of overexposure to the sun and other environmental stressors. Under the new agreement, Promethean through its wholly owned subsidiary, Ceres Living, will market the AIO Premium Cellular Health line of dietary supplements, as well as topical skin care products with AC-11®. The contract vests Promethean with exclusivity in the North American "direct sales" or "network marketing" distribution channel coinciding with the expiration of similar channel rights previously held by former licensee. In addition to North American Direct Sales channel rights, Promethean will exercise exclusive rights and sublicensing rights in all channels in China and certain additional non-exclusive channel rights in North and Central America and Australia.