charts are looking prime for breakout, im in the morning
Acai Granola to Launch in Asia, Projections to Exceed $21 Million
9/20/05
NEW YORK, Sept. 20, 2005, Sep 20, 2005 (PRIMEZONE via COMTEX) --
Vitasti, Inc. (OTCBB:VITS) (the "Company") has come to an agreement with Someo International for the distribution of its Amazon Acai Berry Granola across Asia. Through Someo's established relationship with several of Asia's largest retail chains, the company anticipates yearly sales in excess of $21 million for the Asian market.
Once clearance has been given by each country's FDA body, export will immediately begin. The company has begun production in anticipation of the Canadian launch, which will take place in the next 30 days and the U.S. launch (bulk) in 30 days and (retail) in 60 days.
"Someo International has been working very closely with our company for more than a year establishing relationships for our sugar free and soy based products in the Asian market, which are currently with the Korean FDA for approval. The sales numbers we project are based on a chain of 7,000 stores picking up the product line," says Tammy-Lynn McNabb, President of Vitasti. Someo International has given their full commitment to focus on the Amazon Acai Berry Granola project with the intention of expediting the sales process.
About Vitasti, Inc.
Vitasti, Inc. is well known in the specialty foods industry for producing and delivering exceptional products and services to its customers. One division of the company operates as Vitasti Lifestyle Markets, Bakeries and Cafes. The company meets the needs of consumers who follow specialized diets and through its own manufacturing facility, a portion of the products sold is produced to meet specific dietary needs.
About Someo International
The company represents many organizations in the Asian market wanting to do business with North American companies. As a buyer/seller representative, Someo has been very successful in consummating many large-scale export and import relationships.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements
