NIR Diagnostics terminates agreement with Shaklee Corporation

CNW Group

NIR Diagnostics Inc., an innovator in the development of handheld healthcare diagnostic devices announced today that it has exercised its right to terminate the Second Amended and Restated Exclusive License Agreement (License Agreement) with Shaklee Corporation entered into effective August 9, 2006, and accordingly, NIR Diagnostics has repatriated rights related to this agreement. The basis for termination is Shaklee's uncured, notified breaches of the License Agreement arising from its failure to pay amounts to NIR Diagnostics when due. As previously disclosed, Shaklee disputes that it has breached the License Agreement.

"With sales in the global nutraceuticals industry projected to reach $187 billion by 2010, and with only expensive and time consuming laboratory testing available to monitor the impact of these products, this market is an ideal application of our non-invasive technology," said Duncan J. MacIntyre, President, CEO and Executive Vice Chairman of NIR Diagnostics Inc. "Based on our ongoing research to non-invasively monitor glucose levels in patients suffering from diabetes, our OmegaNIR(TM) device, which measures omega-6 and omega-3 levels, is part of our VisionNIR(TM) non-invasive platform. Our internal testing and research indicate that consumers are eager to have an accurate, painless, non-invasive source of information that offers immediate feedback on their dietary choices. We intend to make our unique in-vivo omega-6 and omega-3 technology available to consumers globally through select distribution partners."

Shaklee Introduces New Cinch(TM) Meal-in-a-Bars

PR Newswire

Shaklee Corporation, the number one natural nutrition company in the U.S. and pioneer of one of the first green household cleaners, introduced three new tasty food products to its Cinch Inch Loss Plan line -- Cinch Meal-in-a-Bars in two delicious flavors and the delectable new meal replacement, Cinch(TM) Strawberry Shake Mix.

Shaklee's Cinch Meal-in-a-Bars are crunchy, satisfying and complete on-the-go meal replacements and are available in two new flavors -- Berry Almond Crunch and Peanut Butter Chocolate Chip. The Cinch Berry Almond Crunch Meal-in-a-Bar marries tangy fruit flavor with rich nutty almonds while the Peanut Butter Chocolate Chip is a divine dose of decadent dark chocolate chips, paired with roasted peanuts and real peanut butter. Both bars are packed with 20 grams of high quality soy protein, enhanced with leucine to help preserve muscle while on a weight loss program. Each bar contains just 260 - 270 calories, depending on flavor, and is high in fiber with six grams of dietary fiber. Both Cinch Meal-in-a-Bars are low glycemic and kosher certified. As with all Shaklee Cinch products, these bars contain no artificial colors, flavors or sweeteners and of course, no trans fats.

Ideal for lunch, breakfast, or both, Cinch Shake Mix is now available in a new strawberry flavor. The Cinch Strawberry Shake tastes of bodacious berries and is luxurious and velvety with a burst of sweetness. Even better, made as directed, the shake boasts 24 grams of protein including Cinch(TM) Pro leucine-enhanced protein blend, 35 percent of the daily value for 21 vitamins and minerals, and six grams of dietary fiber. Cinch(TM) Shake Mixes are healthy, delicious and satisfying meal replacements, and are easy to prepare. Other Cinch Shake Mix flavors include vanilla, chocolate, cafe latte and a vanilla whey protein alternative. Cinch Shake Mixes are low glycemic, lactose free, and contain no artificial flavors, colors or sweeteners.

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Shaklee Honored By Global Green USA

Global Green USA:

"Global Green USA will honor leading innovators for their extraordinary contributions at the 8th Annual Designing a Sustainable and Secure World Awards event at New York's Ritz-Carlton, Battery Park on Monday, December 3rd. The awards embody the environmental spirit and vision of Mikhail S. Gorbachev and Global Green USA. Created in the year 2000, these awards celebrate the success and courage of extraordinary individuals, companies and organizations who recognize the connection between humankind and nature.

'For the first time, all of our honorees are leaders from the corporate world,' said Matt Petersen, President and CEO of Global Green USA. 'In a year when an unprecedented number of companies are deciding to go green, American companies should look to this year's award winners. Through a balanced approach to sustainability, these companies have achieved innovative results which have also proven to be profitable.'"

The evolution of the CIO

CRN Australia:

"For Ken Harris, senior VP and CIO of Shaklee Corp., it helps that he works in a midsize company, and it isn't just the big-fish, small-pond factor. Harris, the former CIO of Gap and before that Nike, came to Shaklee two years ago, after the company was acquired by a private equity firm, to determine the role IT would play in helping the company 'become relevant again to a younger generation' and figure out how to get 'the biggest bang for the buck.'

What's different about this current position, Harris said, is that it's much more about strategy than tactics. 'I can help them make decisions that are doable from a technology standpoint,' he said.

Harris is a believer in software as a service, not only for the low up-front costs but also for the rapid deployment capabilities, having implemented several SaaS projects at Shaklee in the last two years, such as RightNow's CRM service, Web analytics from Visual Sciences, and address verification with the help of data services company StrikeIron, which customer service reps had been clamoring for. 'On the business side, users are demanding so much more, more quickly,' he said."

A Partnershop To Raise Children's Health Awareness

E-Wire:

"Empowering parents and caregivers nationwide to create healthier environments for families, a new DVD release from Healthy Child Healthy World, in partnership with Shaklee Corporation, has raised over $40,000 for the non-profit since the launch of the video at Shaklee's national conference in August 2007. The Creating Healthy Environments for Children DVD provides information on the 5 Easy Steps for Homes, Childcare Centers and Schools and is designed to engage and empower parents, teachers, school administrators and child care professionals with the simple steps they can take every day on behalf of children's health. The partnership is a natural fit: Healthy Child has been the nation's leading non-profit in the area of children's environmental health for over 17 years, and since its launch in 1960, Shaklee has become the nation's number-one natural nutrition company and the maker of one of the first biodegradable and non-toxic household cleaners. "