Gelteq Limited appoints Matthew Jones as Head of Sports Performance to enhance its sports nutrition initiatives.
Quiver AI Summary
Gelteq Limited announced the appointment of Matthew Jones as the Head of Sports Performance, aiming to enhance its outreach and customer strategy within the sports sector. CEO Nathan Givoni expressed optimism about Jones' experience in sports nutrition and training as a vital asset for promoting Gelteq's innovative gel-based nutrient delivery system, which offers advantages over traditional methods. Jones, who has over 12 years of experience in elite sports and currently serves as Head of Nutrition for the UAE Football Association and as a consultant for the Boston Celtics, emphasized his commitment to improving athlete nutrition through better absorption technology. Gelteq, headquartered in Melbourne, specializes in advanced gel-based solutions for various sectors, including pharmaceuticals and sports nutrition, addressing common delivery challenges.
Potential Positives
- Appointment of Matthew Jones as Head of Sports Performance indicates a strategic move to enhance Gelteq's presence in the sports nutrition market.
- Jones's extensive experience and expertise in sports dietetics could improve Gelteq’s credibility and traction within the sports industry.
- The press release emphasizes the potential of Gelteq's gel-based delivery platform to address significant challenges in nutrient delivery, which could attract more clients and partnerships.
Potential Negatives
- The press release contains multiple forward-looking statements that highlight inherent uncertainties and risks, indicating potential instability in the company's future performance.
- There is a lack of specific details on how the appointment of Matthew Jones will directly influence the company's growth and outreach in the sports vertical, which may raise questions about the effectiveness of this leadership change.
- The emphasis on addressing challenges associated with traditional drug delivery methods may suggest that the company is currently unable to compete effectively in this space, necessitating a significant change in strategy.
FAQ
What recent appointment was announced by Gelteq Limited?
Gelteq Limited announced the appointment of Matthew Jones as Head of Sports Performance.
What will Matthew Jones oversee at Gelteq?
He will oversee the growth, outreach, and customer strategy of Gelteq’s sports vertical.
How does Gelteq's technology benefit the sports industry?
Gelteq's formulation significantly improves nutrient delivery compared to traditional methods, aiding athletes' nutrition.
What qualifications does Matthew Jones have?
Matthew Jones has over 12 years of experience in elite sports and holds a Master's in Nutrition Science.
Where is Gelteq Limited headquartered?
Gelteq Limited is headquartered in Melbourne, Australia, and specializes in gel-based delivery solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Gelteq Limited (NASDAQ: GELS) (“Gelteq” or the “Company”), a global biotechnology company that specializes in the formulation, development, and manufacturing of ingestible gel technology, announced today the appointment of Matthew Jones as Head of Sports Performance. He will oversee the growth, outreach, and customer strategy of Gelteq’s sports vertical.
“The sports industry is one of a number of key areas that Gelteq’s unique formulation can pose a significant improvement to nutrient delivery over traditional methods,” said Nathan Givoni, Co-Founder and CEO of Gelteq. “Matthew’s pedigree aligns perfectly for this position with his global experience in high-level sports training and sports dietetics and we are excited to grow the adoption of our gel-based delivery platform in the sports vertical under his guidance.”
“I look forward to beginning this journey toward greater adoption of the gel-based platform for better nutrient and supplement absorption with a focus on sports clientele,” Jones said. “I greatly enjoy simplifying complex nutrition science, and with Gelteq’s unique platform, we have the opportunity to expand on important nutrition science while providing a solution to help athletes improve their nutrition with a better delivery system.”
Mr. Jones is a leading internationally-experienced sports dietitian who currently works as Head of Nutrition with the United Arab Emirates Football Association and as a consultant to the Boston Celtics in the National Basketball Association. He has more than 12 years of applied experience in elite sports, having worked in international football, the English Premier League, the Women’s Super League, and NCAA Division I sports. Jones holds a Master’s Degree in Nutrition Science from University of Chester and is registered with the British Dietetic Association, Sport Nutrition Register.
About Gelteq Limited:
Headquartered in Melbourne, Australia, Gelteq (NASDAQ: GELS) is a global biotechnology company focused on developing and commercializing white label gel-based delivery solutions for prescription drugs, nutraceuticals, pet care, and other products. Gelteq advances and commercializes its delivery solutions within five core verticals: pharmaceuticals, over-the-counter medications, nutraceuticals, animal medications, and sports nutrition. The Company’s unique formulation directly addresses the issues associated with traditional drug delivery methods such as difficulty swallowing, taste of unpalatable ingredients, and dosage control. For more information, visit
www.gelteq.com
.
Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” "will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Gelteq’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to the timing and fulfilment of current and future orders relating to Gelteq’s products, the success of new programs, the ability to implement a new strategic plan and the success of a new strategic plan. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gelteq in general, see the risk factors in the Annual Report on 20-F filed on November 15, 2024. All such forward-looking statements speak only as of the date they are made, and Gelteq undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.
Contact:
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516-222-2560
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