HOUSTON and OTTAWA, Feb. 4 /PRNewswire-FirstCall/ -- Sports and nutritional product manufacturer, Natural Nutrition Inc.'s, (OTC Bulletin Board: NNTN) http://www.naturalnutritioninc.com primary operating subsidiary, InterACTIVE Nutrition, Inc., reported a record twenty nine percent increase in 2007 revenues over the calendar year 2006. Actual audited revenues for 2006 were $13,576,635 (CDN) versus 2007 unaudited revenues of $17,460,780 (CDN).
Tim Connolly, CEO of Natural Nutrition, remarked "We are extremely proud of the record breaking results for the InterACTIVE Nutrition team since we took over operations in May, 2007. With the new products we have already introduced and several new products planned for the new year, we believe 2008 will show even greater increases and earnings for our shareholders. We will have a shareholder call on Thursday, February 7, 2008 at 11:00 a.m. Eastern Time that will provide more specific 2008 revenue and earnings guidance in this regard."
InterACTIVE Nutrition International Inc. http://www.interactivenutrition.com is a wholly owned subsidiary of Natural Nutrition Inc. and was previously minority 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.
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.
|SOURCE Natural Nutrition Inc.|
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