April 17, 2008 – On April 16, 2008, Greyson International, Inc. acquired Damage Control Technologies, Inc., owners of Trilexon™, a state-of-the-art, patent pending delivery system designed to improve effectiveness of skin-care, hair-care and other topical applications. Damage Control Technologies is now a wholly owned subsidiary of Greyson International.
I assure you that Damage Control Technologies is an excellent strategic addition to Greyson’s business focus. Through this acquisition we bring together two companies with similar goals to bring a revolutionary delivery system to the drug, cosmetic and toiletry industries. Our combined companies offer a history of exceeding client expectations and breaking sales records through our advanced formulas and products.
With this acquisition, Greyson International has retained the services of Charles Fox, a renowned independent consultant to the cosmetic and toiletry industry. Mr. Fox joins Greyson International as the Head of Research and Development, and will be a member of Greyson’s board of directors. Mr. Fox brings tremendous industry experience and business leadership to the company that we expect will launch Greyson to a new level.
Our short-term goals for Greyson International include increasing brand awareness, consumer loyalty, market share and revenue through sales and royalties of Greyson products and the Trilexon™ system, and in the long-term, revolutionizing the effectiveness of topical applications worldwide.
Greyson’s acquisition of Damage Control Technologies will allow us to move forward with multi-dimensional marketing strategies for our products. We also anticipate entering the royalty division of business and effectively license Trilexon™ to clients in the drug, cosmetic and toiletry industries, upon which Greyson will retain a percentage of sales from products utilizing the Trilexon™ delivery system.
I thank you for your continued support in your company. I encourage you to visit the shareholders section of our website, www.jennifergreyson.com, for frequent updates. I look forward to sharing more news with you in the near future, as we continue to reach new levels of success.
President and CEO, Greyson International
April 17, 2008