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TheStreet Open House

Algenist Announces Launch With Nordstrom

Stocks in this article: SZYM

Algenist®, the award-winning, anti-aging skincare brand featuring microalgae, one of the most nutrient-rich resources in the world, announced today its launch in Nordstrom locations throughout the United States. The launch into Nordstrom’s “Advanced Skincare” category marks an important retail milestone for the brand, furthering distribution for the line. The skincare line, developed by Solazyme, Inc. (NASDAQ: SZYM), a company commercializing renewable oils and other bioproducts, features two microalgae ingredients- Alguronic Acid® and Microalgae Oil.

“Nordstrom offers a unique customer experience that provides the best possible service, selection, and quality to all of its shoppers. Their selection of luxury and high quality brands, coupled with their top-notch service, is unmatched in the industry, making Nordstrom the ideal place to experience a brand like Algenist,” stated Frederic Stoeckel, SVP & General Manager of Algenist. “Nordstrom is an exciting new step in Algenist’s expansion and we are thrilled to be partnering with them for this launch."

Since the initial launch of the brand in 2011, Algenist has grown quickly in the U.S. and is now available in 15 countries worldwide throughout over 1400 retail locations. The line has won numerous awards, including the 2014 Marie Claire Prix d’ Excellence de la Beauté in France, and the QVC Rising Brand Star award, among others.

Algenist will initially launch in multiple Nordstrom locations throughout the country, as well as on the retailer’s website. All products will retail between $25 and $110 and will be included in Nordstrom’s “Advanced Skincare” category. The entire Algenist line, which features over 25 products including the top-selling Genius Ultimate Anti-Aging Cream and Concentrated Reconstructing Serum, will initially be available in the Cosmetics department at select store locations.

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About Algenist

Algenist is an award-winning skincare brand harnessing the remarkable regenerative properties of microalgae and rooted in breakthrough biotechnology innovation. After a dedicated team of scientists originally tasked with researching renewable energy solutions discovered Alguronic Acid® (patented), a powerful regenerative compound produced by microalgae that functions to protect and regenerate the single-celled organism in harsh environmental conditions, it has since become a principal ingredient in many of Algenist’s prestige products. The line has since expanded to tap many of the additional benefits brought forth by this remarkable organism and today, the brand remains dedicated to using groundbreaking science to formulate revolutionary skincare innovations poised for any skin type at any age. Committed to proven results, Alguronic Acid and Microalgae Oil have undergone third party in-vitro testing. All Algenist products are consumer and dermatologist-tested, non-comedogenic, and hypoallergenic.

About Solazyme

Solazyme, Inc. (SZYM) is a renewable oil and bioproducts company that transforms a growing range of abundant plant-based sugars into high-value triglyceride oils and other bioproducts. Headquartered in South San Francisco, Solazyme's renewable products can replace or enhance oils derived from the world's three existing sources — petroleum, plants and animal fats. Solazyme is commercializing its primary products as either tailored oils, powdered oils, and closely related products in the chemicals, fuels and food markets or as branded consumer products.

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