Revenue Impact Projected at $7.5 Million in 2008
OTTAWA, Canada, Nov. 8 /PRNewswire-FirstCall/ -- The correct website for yesterday's Natural Nutrition press release is http://www.naturalnutritioninc.com. Sports and nutritional product manufacturer, Natural Nutrition Inc., (OTC Bulletin Board: NNTN) http://www.naturalnutritioninc.com has recently expanded its Nutrition Bar manufacturing capabilities by adding state-of-the-art equipment to produce sheeted protein and energy bars, which are in high demand today.
Interactive Nutrition has been manufacturing popular extruded bars such as Protein 2 Go, Low carb, Soy One, and Mammoth, but this new equipment greatly expands the types of bars Interactive is able to produce. This new production line is estimated to generate $7.5 million in new sales next year for the company and should meet the needs of both present customers and new clients, allowing expansion into new markets previously unserved by the company.
"The new equipment will allow us to produce many new bars to meet the growing demands of health conscious consumers in Canada and across the globe" said Trevor Holroyd, GM of Interactive Nutrition International Inc. "The new bars will include the already popular "granola" type protein bars with high amounts of inclusions such as soy crisps and nuts, plus some new types of health bars not currently available in the marketplace". Mr. Holroyd noted that "Natural Nutrition is dedicated to rapidly expanding the company by investing in equipment and other resources in order to fulfill the needs of our customers, our shareholders, and ultimately the consumer of high quality nutritional supplements made by Interactive Nutrition."
InterACTIVE Nutrition International Inc. is a majority owned subsidiary of publicly traded Natural Nutrition, Inc. (OTC Bulletin Board: NNTN - News) and is partially owned by Corporate Strategies Merchant Bankers. InterACTIVE Nutrition is an international leader in sports and nutritional supplements backed by over 10 years of research, development and sales of sports nutrition products in over fifteen countries throughout the world. InterACTIVE Nutrition's trusted products are scientifically formulated, and manufactured to improve athletic performance and overall health.
This press release contains forward-looking statements, which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Natural Nutrition's expectations regarding future sales and profitability assume, among other things, stability in the economy and reasonable growth in the demand for its products, the continued availability of raw materials at affordable prices, retention of its key management and operating personnel, as well as other factors detailed in Natural Nutrition's filings with the Securities and Exchange Commission. The forward-looking statements, assumptions and factors stated or referred to in this press release are based on information available to Natural Nutrition today. Natural Nutrition expressly disclaims any duty to provide updates to these forward-looking statements, assumptions and other factors after the day of this release to reflect the occurrence of events or circumstances or changes in expectations.
CONTACT: Turnaround Partners/Corporate Strategies, Inc.
|SOURCE Natural Nutrition Inc.|
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