VitaminSpice, Inc. Receives Payment Towards Product Licensing Agreement With MicroVita, LLC
WAYNE, Pa., Nov. 2, 2012 /PRNewswire/ -- VitaminSpice, Inc. (PINK SHEETS: VTMS) announced today that it has signed a comprehensive Product Licensing Agreement for sale, marketing, and distribution of VitaminSpice's vitamin infused Spice Products. The amount of the initial payment for the Product Licensing Agreement was not disclosed.
"We are pleased to be working with MicroVita, it has always been a strategy of VTMS to create Product Licensing Agreements and Private Label arrangements with various entities," stated Edward Bukstel, CEO, VitaminSpice.
VitaminSpice is uniquely positioned between the $150 billion health food/vitamin supplement industry and the multi-trillion-dollar traditional food industry. A pioneer in the emerging FoodCeutical Industry, VitaminSpice sells vitamin infused spices.. Their offerings include Crushed Red Pepper, Ground Black Pepper, Ground Cinnamon and Granulated Garlic. A proprietary micro-encapsulation process keeps vitamin properties locked inside, even when heated, allowing the seasonings, condiments, and food products to retain their full flavor. For additional information please go to the VitaminSpice website at: www.vitaminspice.net
VitaminSpice Safe Harbor
This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.
Edward Bukstel, CEO
SOURCE VitaminSpice, Inc.