Navigation Links
Natural Nutrition Canadian Subsidiary Signs $50.5 Million (CDN) Five Year European Distribution Contract
Date:11/13/2008

HOUSTON and OTTAWA, Nov. 13 /PRNewswire-FirstCall/ -- Sports and Nutritional Supplements developer and manufacturer Natural Nutrition (OTC Bulletin Board: NTNI) announced today that the company's primary operating subsidiary, Interactive Nutrition International, Inc. (INII) has signed a five year exclusive contract for manufacturing and distribution of the company's products throughout the European Union with Sigurdur Arnason and companies owned by Sigurdur Arnason. The contract calls for minimum purchases of $6,000,000 (CDN) in 2009, increasing annually up to $15,000,000 (CDN) in 2013.

Tim Connolly, CEO of the Company stated, "Since taking over INII out of receivership in June, 2007, we have focused on expansion of the Company's existing manufacturing capabilities and sales to maximize shareholder value. Due to the outstanding work of our INII team, we are proud to report that with this contract and other new business in development, we expect to double the size of INII revenues in 2009 versus revenues since our takeover of it last year. We appreciate the faith of Arnason's in INII, and look forward to a record year in 2009."

About iNutrition, InterACTIVE Nutrition, and Natural Nutrition Inc.

iNutrition.com and InterACTIVE Nutrition International Inc. (http://www.interactivenutrition.com) are wholly owned subsidiaries of Natural Nutrition, Inc. (OTC Bulletin Board: NTNI) and were previously minority owned by Corporate Strategies Merchant Bankers. InterACTIVE Nutrition is a manufacturer and international leader in sports and nutritional supplements backed by over 12 years of research, development and sales of sports nutrition products in over twenty countries throughout the world.

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.


'/>"/>
SOURCE Natural Nutrition, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Naturally Safe Cold Remedy Challenges Effectiveness of Over-The-Counter Cold Medications
2. Nordic Naturals Offers Radiant Beauty From the Inside Out With New Spa Collection of Essential Fatty Acid Supplements
3. NaturalNews Launches Print-On-Demand, Publishing Services for Book Authors, Self Publishers
4. Drug Boosts Natural Growth Hormone in Seniors
5. In These Stressful, Budget-Busting Times, Its Wise to Invest in a Home Yoga Practice, Says Natural Solutions Magazine
6. Natural Hormone Balance: Gaining Ground in the Fight Against Breast Cancer
7. NaturalNews Partners with Moxxor to Bring Marine Omega-3 Supplement to Health-Conscious Consumers
8. Integrative Medicine Pioneer To Host Free Groundbreaking Web Series on a Natural Approach for Treating Depression
9. NaturalNews Posts Audio Interview with Consumer Chemical Expert Debra Lynn Dadd on Bisphenol-A
10. Local Organization Receives Multi-Million Dollar Grants for Natural Family Planning, HIV Testing and Family Planning Services for Men
11. Doctor Recommends New Powerful Natural Antiviral Against the Flu
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, CA is excited ... To Recovery® program to drive cancer patients to and from their cancer treatments. ... highest quality of life and ongoing independence. Getting to and from medical treatments ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. are sharpening their pencils ... an essay contest in which patients and their families pay tribute to a genetic ... 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. ...
(Date:6/24/2016)... ... 24, 2016 , ... The Haute Beauty Network, affiliated with ... as a prominent plastic surgeon and the network’s newest partner. , Dr. ... handsome men, look naturally attractive. Plastic surgery should be invisible.” He stands by ...
(Date:6/24/2016)... ... June 24, 2016 , ... Strategic ... Frederick area economy by obtaining investment capital for emerging technology companies. SCP ... that have already resulted in more than a million dollars of capital investment ...
(Date:6/24/2016)... ... June 24, 2016 , ... Venture Construction Group ... Tournament held on June 20th at the Woodmont Country Club at 1201 Rockville ... an organization dedicated to helping service members that have been wounded in battle and ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... June 24, 2016  Arkis BioSciences, a leading ... and more durable cerebrospinal fluid treatments, today announced ... Series-A funding is led by Innova Memphis, followed ... other private investors.  Arkis, new financing will accelerate ... the market release of its in-licensed Endexo® technology. ...
(Date:6/23/2016)... ITASCA, Ill. , June 23, 2016  In a startling ... states are failing their residents by lacking a comprehensive, proven plan ... , a definitive ranking of how states are tackling the ... rating to only four states – Kentucky , ... and Vermont . Of the 28 failing states, ...
(Date:6/23/2016)... , June 23, 2016 Bracket , a ... its next generation clinical outcomes platform, Bracket eCOA (SM) ... on June 26 – 30, 2016 in Philadelphia ... electronic Clinical Outcome Assessment product of its kind to fully ... Bracket eCOA 6.0 is a flexible platform for ...
Breaking Medicine Technology: