Vital Products, Inc. Initiates Third Production of Paper Packaging Systems
Posted on: Tuesday, 1 September 2009, 07:30 CDT
CONCORD, Ontario, Sept. 1 /PRNewswire-FirstCall/ -- Vital Products, Inc. (OTC Bulletin Board: VTPI), a multi channel innovator in the industrial packaging sector, announced today that it has initiated its 3rd production run of its paper packaging system.
Vital Products Chief Executive Officer, Michael Levine remarked, "Over the past few months we have completed two production runs of our Quikpak paper packaging system that utilizes our unique cohesive paper. We currently have approximately 40 machines in the market at various companies that represent the broadest spectrum of packaging needs, from small electronics to aircraft parts."
Mr. Levine further commented, "The product has received glowing reports and over the next few months we plan on introducing the Quikpak system in Texas, Florida and Illinois. At the current pace of sales the 3rd production run is expected to be sold out prior to its completion."
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.
Source: PR Newswire
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