Vystar Corporation Announces Agreement with Kildare Capital to Provide Investment Bankin...( ATLANTA June 30 /- Vystar Corpora...),Health

ATLANTA, June 30 /PRNewswire/ -- Vystar Corporation today announced that Kildare Capital, a registered broker-dealer near Philadelphia, will provide investment banking services for the company.

Vystar Corporation is the exclusive creator of the innovative technology to produce Vytex(TM) Natural Rubber Latex (NRL). This patented technology reduces antigenic protein in natural latex products to virtually undetectable levels. Latex allergy has become an increasing concern, particularly in the healthcare industry where workers have prolonged and/or repeated contact with latex. It is estimated that as many as 17 percent of healthcare workers and three percent of the general population could have an allergic reaction to the protein in natural rubber latex. Vytex NRL reduces the levels of such proteins while maintaining the superior product qualities, like barrier protection, strength and durability, fit and comfort, positive environmental impact, and cost, in the vast array of everyday products made with natural rubber latex.

According to William Doyle, Vystar's Chief Executive Officer, the agreement with Kildare Capital is an important step in Vystar's journey to becoming a publicly traded company, and in achieving its goal of making Vytex NRL the standard source of latex and latex substitutes. "It is virtually unprecedented that an organization with the stature of Kildare Capital would come on as an investment banker for Vystar in our pre-revenue phase and prior to an initial public listing. They were attracted to our great progress towards commercializing Vytex NRL and the excellent test results achieved to date."

In the past six months, Vystar:

-- Signed a definitive toll manufacturing agreement with Revertex Malaysia, the world's largest producer of prevulcanized natural rubber lattices and postvulcanized latex compounds as well as the sole producer of evaporated natural rubber lattices;

-- Was added to Universal Capital Mana
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