Message #26 From:
NewsBot Date: October 23, 2006 05:00:00 AM
NGXL News Nutralogix Ships Product to Asia Initiating Major New Revenue Stream
WESTON, Fla.--(BUSINESS WIRE)--Nutralogix Laboratories, Inc. (PINK SHEETS: NGXL) (http://www.Nutralogixlabs.com)
shipped its first orders to Asia, resulting in first revenue from
potentially one of the strongest and most lucrative markets for
nutraceuticals in the world. The Company expects sales to rapidly
accelerate as its agents and distributors expand their rollout across
Asia.
China remains the Company’s largest sales
target in this massive market. Nutralogix is already in advanced
negotiations for manufacturing, sales, and distribution throughout China.
“Our determined efforts to develop the Asian
market have begun to succeed. We have shipped product to fill the first
orders and expect additional shipments to multiple Asian countries to be
going out throughout this final quarter of 2006,”
stated Troy Johnson, Nutralogix CEO/President.
“China will become one of our largest
customers in 2007. We already are in very advanced negotiations to enter
that extraordinary market in a big way and know that it will become one
of our greatest revenue streams,” 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.
