CONCORD, Ontario, Jan. 16 /PRNewswire-FirstCall/ -- Vital Products, Inc. (OTC Bulletin Board: VTPI), a multichannel innovator in the industrial packaging sector, announced today that it has completed preliminary discussions with a multi national sealant company. Vital has been working with this multi national sealant company for the past 6 months and is developing an environmental bio-based "foam in a can." The new product will be used for applications in the residential construction and Do It Yourself markets. Michael Levine, CEO of Vital products commented that, "Vital has continued to identify new and exciting markets for its Bio Based foam. This new development continues to validate Vital's exciting new Bio science." The next trial phase will include Vital's Co Packer, to establish costs, production needs, capacity levels and marketing requirements. These trials are expected to take approximately 3 months and upon completion, commercialization will commence. "We are continually seeking new and viable opportunities for our science and this is just one such opportunity," continued Michael Levine.
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.
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.
SOURCE Vital Products, Inc.