Bio-One Signs Agreement To Acquire $8 Million Revenue Nutritional Supplements Distributor

Business Wire, Sept 16, 2003

Business Editors/Health/Medical Writers

ORLANDO, Fla.--(BUSINESS WIRE)--Sept. 16, 2003

Bio-One Corporation (OTCBB:BICO) ("Bio-One" or the "Company") has agreed to acquire a majority interest in a Florida based business that is a wholesale distributor of nationally branded nutritional supplements. The Distributor sells to retail stores representing independents, large and small chain vitamin outlets, health clubs and convenience stores throughout the Southeast. The business has achieved distribution rights with approximately 25 of the leading manufacturers of nutritional brands in the natural products industry. Bio-One President and CEO, Armand Dauplaise, stated that, "This is a synergistic acquisition in that revenues will be enhanced for all Bio-One companies with the expanded distribution channels for our marketing companies and additional product lines available for our distributor business. Our recently acquired PNLabs will be the first to benefit." Terms will be announced upon closing of the transaction which is scheduled to be completed by September 30 of this year. Bio-One is aggressively pursuing additional acquisition candidates by targeting both manufacturers and marketers of nutritional supplements that are already profitable and have growing revenues.

Business Summary

Bio-One Corporation is an emerging growth company that is embarking on building a significant business in the nutritional supplements industry via vertical integration acquisitions and marketing consolidation. The Company's home state, Florida, ranks first nationally in per capita consumption of nutritional supplements and second only to California in nutritional supplement sales. The Company's goals are threefold; 1) to uniquely serve people worldwide who desire vitality and longevity; 2) to interface a quality and value growth philosophy through vertical integration and selected marketing companies consolidation; 3) to provide an outstanding return on investment for Company shareholders.

Certain statements released by Bio-One Corporation that are forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other risks detailed in the company's registration statements and periodic reports filed with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.