Vital Products, Inc. Issues Shareholder Update
CONCORD, Canada, Aug. 12 -- Vital Products, Inc. (OTC Bulletin Board: VTLP), a multi-channel innovator in the industrial packaging sector, is pleased to provide the following update to its shareholders.
Over the past few months, the company has progressed well with the development of a solid business model and a timeline to begin implementing its strategy of acquiring businesses and developing related intellectual property assets.
We are currently working on our first acquisition and expected to enter into a letter of intent over the next few weeks.
We intend on introducing a new product line that can be licensed to several industrial sectors over the next few months.
Our goal is to grow the business internally as well as building on accretive acquisitions that will not only enhance the top line but produce solid results to the bottom line.
As we continue to expand we plan on broadening our leadership to assist in our strategic growth.
As new products become licensable we will focus on branding them nationally and internationally.
Mr. Michael Levine, CEO of Vital Products commented, 'The past few weeks have been a particularly exciting period for VTLP, we are working with an exceptional team and continue to gain momentum exploring niches and developing exciting revenue streams. I look forward to keeping you updated on our progress.'
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.
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
Vital Products, Inc. Signs Letter of Intent To Acquire Profitable Packaging Company
CONCORD, Ontario, Sept. 17 -- Vital Products, Inc. (OTC Bulletin Board: VTLP), a multi-channel innovator in the industrial packaging sector, announced today that it has signed a Letter of Intent to purchase Montreal based Den Packaging Corporation. Established in 1972 Den Packaging Corporation has booked annual revenues over $1.75 million for the past several years and solid net profits. The Company currently intends to pay a combination of restricted Company stock and a note for the acquisition. The Company anticipates that the transaction will be finalized over the next 6 to 8 weeks.
'The addition of Den Packaging Corporation will undoubtedly strengthen our standing in the industrial packaging sector,' commented Vital Products Chief Executive Officer, Michael Levine. 'Their corporate directive and extent of industry reach and respect lends extremely well to our mandate. As we continue developing new product lines that can be licensed to several industrial sectors our exceptional team continues to gain momentum exploring several niches and developing exciting revenue streams. I look forward to updating you as we continue to progress with our business plan.'
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.
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.
Vital Products, Inc. Signs Consulting Agreement With DLW Partners of Toronto
CONCORD, Ontario, Oct. 7 -- Vital Products, Inc. (OTC Bulletin Board: VTLP), a multi-channel innovator in the industrial packaging sector, announced today that it has signed a consulting agreement with DLW Partners of Toronto.
DLW Partners is an industrial packaging consulting firm specializing in market analysis, market and product strategies and the development of product line extensions. The company has over thirty years of experience in manufacturing, sales, marketing and logistics, specific to the industrial packaging market in North America.
'The relationship with DLW will prove to be a profitable one for our company,' commented Vital Products Chief Executive Officer, Michael Levine. 'DLW will work closely with Vital to develop new products for existing markets and establish product line extensions to further our market share. Most importantly DLW has extensive experience in the development of GREEN products. We expect that DLW will further our initiative to develop environmentally acceptable 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.
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.
Vital Products, Inc. Announces an Agreement With Eco Tech Development LLC
New Sustainable Bio-Based Packaging Products
CONCORD, Ontario, Oct. 21 --Vital Products, Inc. (OTC Bulletin Board: VTLP), a multi-channel innovator in the industrial packaging sector, announced today that it has signed a sales and marketing agreement with Eco Tech Development LLC of Nevada, a product research and development company specializing in eco-friendly industrial packaging applications.
Vital Products will market certain proprietary and patent-pending technologies that have recently been developed by Eco Tech, beginning with the marketing of a new bio-based foam packaging product.
"This product will set a new standard in the foam packaging industry," says Vital Products Chief Executive Officer, Michael Levine. "It is not enough to produce a high quality packaging foam in today's market, even if it is eco-friendly. We must also compete on price and here we have a technology that offers both an environmental benefit and a cost advantage to our customers."
Levine continues, "The market for current urethane-type packaging foam is US$900 Million and the Company expects to gain a significant market share over the next 3 years."
"Our new developments and recent patent filings are certainly a first globally, not just from a chemistry standpoint, but also from an economics point of view," says Annette Shoupe, President of Eco tech. "We have worked for the last four years on developing our new product line and we are very excited to enter the next phase of commercialization."
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 www.vitalproductsinc.com
About Eco Tech Developments LLC.
Eco Tech is a research and development company specializing in the development of industrial packaging applications containing at least one eco-based component.
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.