Alpine 4 Holdings (ALPP) Subsidiary Alternative Laboratories, LLC., Secures $1.9M Nutraceutical Order from a New Client in Men's Health and Anti-Aging
PHOENIX, Oct. 25, 2021 /PRNewswire/ -- Alpine 4 Holdings, Inc. (Nasdaq: ALPP), a leading operator and owner of small market businesses, subsidiary Alternative Laboratories, LLC., announces that it has secured a $1,900,000 purchase order from a new client focusing on Men's Health and Anti-Aging products. The company expects this production order to be fulfilled in Q4 2021 and Q1 2022.
Alternative Laboratories, LLC (Alt Labs) is a private label dietary and nutritional supplement contract manufacturer located in Southwest Florida. Alt Labs' mission is to provide its clients with successful, cutting-edge, and effective products. Their honest and transparent, solution-driven approach to the entire product development and manufacturing process offers a refreshing alternative to industry standards.
Kent Wilson, CEO of Alpine 4, had this to say: "I congratulate the team at Alt Labs for their hard work and perseverance in the facilitation of this deal. The care and attention to detail implemented into manufacturing all of our customer's products is something Alt Labs is known for worldwide. This specific customer represents a distinct men's health product line that we haven't had the opportunity to pursue in the past. We are confident in growing this segment into a much larger sales opportunity in 2022 and beyond."
About Alpine 4 Holdings: Alpine 4 Holdings, Inc. (ALPP) is a NASDAQ traded conglomerate that acquires businesses that fit into its disruptive DSF business model of Drivers, Stabilizers, and Facilitators. At Alpine 4, we understand the nature of how technology and innovation cn accentuate a business. Our focus is on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation. We also believe that our holdings should benefit synergistically from each other, have the ability to collaborate across varying industries, spawn new ideas, and create fertile ground for competitive advantages.
Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but also increase value for our shareholders.
Contact: Investor Relations
Forward-Looking Statements: The information disclosed in this press release is made as of the date hereof and reflects Alpine 4 most current assessment of its historical financial performance. Actual financial results filed with the SEC may differ from those contained herein due to timing delays between the date of this release and confirmation of final audit results. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.
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