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Company News -
US English
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Tuesday, 24 August 2010 17:55 |
Exciting news - Stemtech has earned the position of 1484 on the 2010 Inc. 5000, Inc.’s annual ranking of the fastest-growing companies in America. With over 27 million companies in the country, the ranking underscores Stemtech’s successful dominance of the emerging stem cell nutrition category, which it first pioneered in 2005.
“Our fast growth can be attributed mainly to the market acceptance and efficacy of our patented stem cell nutrition products,” said Stemtech’s President & CEO, Ray Carter. “They do something very different from other nutritional supplements on the market. Rather than simply nourishing existing cells, they support the natural release and movement of adult stem cells – the ‘master’ cells produced by your bone marrow. A growing body of published scientific data shows that a greater number of circulating adult stem cells equates to better overall wellness. Everyone from baby boomers to professional athletes has shown great interest in our novel products.”
Another factor to which Carter attributes Stemtech’s fast growth is the business model chosen by the company. “Instead of selling our products through retail stores, we have chosen to distribute them via network marketing, a specialized subcategory of direct selling. History has shown this to be an effective approach for new concepts like ours where some basic consumer education is needed. It has also allowed us to expand rapidly worldwide, as we now have subsidiaries in 14 countries on six continents.”
To see the rankings, pick up a copy of Inc.'s September issue at a bookstore near you. Or click on the following link to see the congratulatory letter sent by Inc. to Stemtech:
http://www.stemtechbiz.com/BO/images/pdf/inc5000_stemtech.pdf
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