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FitLife Brands Announces Share Repurchase Program

OMAHA, Neb.--(BUSINESS WIRE)--FitLife Brands, Inc. (“FitLife”) (OTCBB:FTLF), an international provider of innovative and proprietary nutritional supplements for health conscious consumers marketed under the brand names NDS Nutrition Products™ (“NDS”) (www.ndsnutrition.com), PMD® (www.pmdsports.com), SirenLabs® (www.sirenlabs.com) and CoreActive® (www.coreactivenutrition.com), today announced that its Board of Directors has approved a new share repurchase program. At current levels, the program would enable the Company to purchase up to 5% of the public float over the next twelve months. Purchases may be made from time to time at the discretion of management as market conditions warrant and subject to certain regulatory restrictions and other considerations.

“The initiation of a share repurchase program reflects our confidence in the fundamentals underlying our business, as well as the strength of our balance sheet and cash position”

“The initiation of a share repurchase program reflects our confidence in the fundamentals underlying our business, as well as the strength of our balance sheet and cash position,” said John S. Wilson, Chief Executive Officer of FitLife Brands. “Management remains committed to maximizing shareholder value and the new repurchase program provides us with another means toward that goal,” concluded Mr. Wilson.

About FitLife Brands
FitLife Brands is a marketer of innovative and proprietary nutritional supplements for health conscious consumers. FitLife markets over 50 different dietary supplements to promote sports nutrition, improved performance, weight loss and general health primarily through domestic and international GNC® franchise locations. The company is headquartered in Omaha, Nebraska. For more information please visit our new website at www.fitlifebrands.com

Contacts

FitLife Brands, Inc.
Michael Abrams, CFO, 402-504-3105
or
Three Part Advisors, LLC
David Mossberg, 817-310-0051
www.threepa.com