Message #25 From:
NewsBot Date: October 20, 2006 05:00:00 AM
NGXL News Nutralogix Expectations of Strong Revenues from Asian Market Continue to Rise Despite Temporary Political Instability
WESTON, Fla.--(BUSINESS WIRE)--Nutralogix Laboratories, Inc. (PINK SHEETS: NGXL) (http://www.Nutralogixlabs.com)
announced additional plans for expansion into the lucrative Asian market
for nutraceuticals. Business remains strong in Thailand, despite the
recent coup, and North Korean nuclear tests are not expected to affect
the Company’s plans for offices,
manufacturing, and distribution centers in South Korea, Taiwan, and
Japan.
The Company may launch a series of health products in Asia, where it
expects highly successful test marketing prior to the release of this
new line in the United States. Expectations of significant market
penetration into an enormous market of nutraceutical-oriented
consumables have reinforced the Company’s
expansion into this part of the sector.
“Our representatives have assured us that it
is ‘business as usual’
in Thailand, South Korea, and the rest of the Asian market and we expect
significant orders from these and other Asian countries to fuel our
rapid growth on that continent. We have deep personal links and
commitment to this market and expect that our presence will lead to an
enormous market for nutraceuticals and nutraceutical-oriented
consumables on this continent,” stated Troy
Johnson, Nutralogix CEO/President.
“We expect to have far-flung offices in Asia,
including, but not limited to China, India, Japan, South Korea,
Thailand, Taiwan, and Pakistan in the very near future. We will continue
to expand here until Nutralogix is a known brand throughout Asia,”
continued Johnson.
Safe Harbor Statement under the U.S. Private Securities Litigation
Reform Act of 1995: This release may contain certain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements are presented based on current
information available to management and in consideration of assumptions
concerning information available to management regarding future events.
Forward-looking statements are subject to risks and uncertainties that
could cause future events or results to differ materially from such
statements. Nutralogix Laboratories, Inc. disclaims any intent or
obligation to update or revise any forward-looking statements and
presents information herein solely for the intent of delivering general
information regarding the company.