HOUSTON and OTTAWA, April 16 /PRNewswire-FirstCall/ -- Natural Nutrition, Inc. (OTC Bulletin Board: NTNI) announced today that its operating subsidiary, InterACTIVE Nutrition, Inc. (INII) http://www.interactivenutrition.com, achieved unaudited sales of $4,189,048 (CDN) and $504,500 (CDN) in EBITDA in the three month period of January, February, and March 2008. These results exceeded the EBITDA requirements for the company's senior lending covenants. Tim Connolly, CEO of Natural Nutrition, stated, "We continue to see positive results from InterACTIVE Nutrition and believe we are on track for significant growth in the second half of 2008. Commodity costs have stabilized, margins are improving and we expect to report continued improving results throughout the year."
About Natural Nutrition Inc.
iNutrition.com and InterACTIVE Nutrition International Inc. are wholly owned subsidiaries of Natural Nutrition, Inc. (OTC Bulletin Board: NTNI) and was 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 fifteen countries throughout the world. For more information on any of InterACTIVE Nutrition's products, please visit http://www.interactivenutrition.com.
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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