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MusclePharm Corp. (MSLP) Gives Update On Corporate Activities

MusclePharm is a nutritional supplement company focused on helping consumers enjoy a healthy, active lifestyle. The company develops and manufactures an entire line of NSF International and Informed Choice approved nutritional supplements that are free of banned substances. Its line of supplements are sold in more than 120 countries are available in over 10,000 US retail outlets.

The company today provided some updates regarding its business activities. Foremost among these is the announcement that MusclePharm is finalizing agreements with two top U.S. retail chain stores to supply MusclePharm supplements and its MMA Elite branded product. The two retail chains in question have more than 9,000 stores combined in nationwide.

Additionally, MusclePharm announced it will be utilizing capital to expand sales and distribution into international markets with an initial focus on the European Union, the United Kingdom, the Middle East, and Latin America's largest economy, Brazil. The company has already expanded its operations into neighboring Canada.

MusclePharm also engaged Strategic Apex Group LLC to help the company with executive compensation policies. The company also adopted several policies in regard to corporate governance including the establishment of a five member board of directors, charters for various committees, governance guidelines and a code of ethics, an audit policy, a stock trading policy, and a hotline policy.

For further information about MusclePharm and its products, please visit the company's website at musclepharm.com

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