Vital Products, Inc. Collaborates With $300 Million International Manufacturer to Develop Bio-Based Packaging System Date : 02/04/2009 @ 4:00PM Source : PR Newswire Stock : (VTLP) Quote : 0.05 0.005 (11.11%) @ 3:46PM
Vital Products, Inc. Collaborates With $300 Million International Manufacturer to Develop Bio-Based Packaging System
** FURTHER EXPANDING ITS REACH IN THE $900 MILLION FOAM PACKAGING MARKET**
CONCORD, Ontario, Feb. 4 /PRNewswire-FirstCall/ -- Vital Products, Inc. (OTC:VTLP) (BULLETIN BOARD: VTLP) , a multi-channel innovator in the industrial packaging sector, announced today that has been approach by a $300 million international manufacturer to design and develop a bio-based foam in place packaging system.
Vital Products Chief Executive Officer, Michael Levine remarked, "The system is a pre-filled package containing our bio-based foam thus eliminating the use of a dispensing system. This technology offers an innovative and highly protective packaging with no equipment or start up costs."
Mr. Levine further commented, "Now that we have begun sales of our bio-based foam we are always looking for new markets to utilize our technology. This International Manufacturer employs over 1,700 people across 5 countries and will provide us with excellent distribution of our products."
About Vital Products, Inc.
Vital Products, Inc. is a distributor of industrial packaging products. The company plans to identify and invest in emerging market segments in the industrial packaging sector as well as research and develop products it can patent and license in the environmentally sustainable packaging markets. For more information visit our website at http://www.vitalproductsinc.com/.
This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company's ability to finance its planned expansion efforts; the company's ability to raise funds on acceptable terms; the company's ability to successfully adapt its business model and such other risks disclosed from time to time in the company's reports filed with the securities and exchange commission including those on the company's annual report on form 10-KSB. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management's expectations, except as required by law.
DATASOURCE: Vital Products, Inc.
CONTACT: Al Kau of Vital Products Inc., +1-949-340-6646,