NPRI Appoints CornerStone as Exclusive Distributor of Specialty O2P Powders; Will Also Collaborate in Developing Unique Health-
04 4월 2006 - 9:00PM
Business Wire
Nutri Pharmaceuticals Research Inc. (Pink Sheets: NRPR), a leading
developer and marketer of powdered nutritional ingredients,
announced that it has appointed Farmington, Utah-based CornerStone
Research and Development Inc., a consolidating entity of Mitsui
& Co. (USA) Inc. and certified contract manufacturer and
ingredient supplier, as the exclusive distributor for specialty O2P
Powders from NPRI for the nutraceutical market. Product quotas for
the first year must total at least $750,000 and escalate each year
thereafter. According to NPRI President Godfrey Yew, "CornerStone
is one of the preeminent custom manufacturers of nutritional and
herbal formulations in capsules, tablets and powder forms, as well
as the associated packaging services required to bring these
products to market. With the addition of O2P Powders, CornerStone
will now be able to offer their customers and the end consumer a
range of powdered bio-active products that were once only available
in liquid or semi-solid form." Commenting on the agreement,
CornerStone President Steve Hatchett stated, "This is another
strategic step in our efforts to offer our clients and the industry
unique, value-building products. Having a unique family of
bio-actives, powdered by the O2P technology, will enable us to
offer food marketers, nutraceutical manufacturers and cosmetic
producers the ability to incorporate the active ingredients found
in many fatty acids, including the anti-oxidant properties found in
nutritional oils. In this way, they will now be able to offer
unique, efficacious and patentable products, whether as a
functional food or beverage, dietary supplement or cosmeceutical."
About NPRI Nutri Pharmaceuticals Research Inc. (www.o2p.us)
provides a wide range of powdered oils for functional food, food
supplement, dietary supplement, cosmetics, pet food and animal feed
applications. The company is one of a select few to be awarded the
prestigious Nutrition Business Journal "Product Merit Award" for
its patent-pending O2P (TM) Powderization Process. At the heart of
its oil powders is the O2P Oil-to-Powder technology. This
patent-pending process converts most edible oils, gels or pastes
into a free-flowing powder without affecting the isomeric
structure, fatty acid profile, color, taste or aroma of the base
oil. O2P does not rely on traditional techniques that utilize
extremes in heat or cold, or micro-encapsulation technology. This
facilitates food marketing and supplement producers' ability to
create functional foods and nutraceuticals by adding anti-oxidants,
specific EFAs or other fatty acids such as EPA, GLA, DHA and CLA to
assist in maintaining specific health issues. The company currently
offers more than 50 shelf-stable powders. The company can also
apply O2P technology to a third party's oil, paste or gel through
an arrangement called tolling. Based in Las Vegas, the company has
representative sales offices near Chicago, Amsterdam, Guatemala
City and Bangkok. Nutri Pharmaceuticals Research Inc. shares are
currently traded in the United States on the "NQB (National
Quotation Bureau) Pinksheets" under the symbol NRPR.PK. About
CornerStone Research and Development CornerStone Research and
Development (CRD) is the one of the largest nutraceutical contract
manufactures in the world with more than 120,000 square feet of
space. CRD provides full turnkey product manufacturing for its
clients including research, formulation, product development,
blending, tableting, encapsulation, packeting, bottling,
blistering, analytical testing and fulfillment. Due to its TGA
certification, CRD produces products for its clients that ship to
more than 22 countries around the world, including Asia, North and
South America and Europe. Forward-Looking Statements The words
"believe," "expect," "anticipate" and other similar expressions
generally identify forward-looking statements. Forward-looking
statements are based on the company's current expectations and are
subject to market, competitive and regulatory factors and the other
risks and uncertainties indicated from time to time in the
company's filings with the Securities and Exchange Commission.
Actual results can differ materially. The company makes no
commitment to disclose any revisions to forward-looking statements.
Nutri Pharmaceuticals Re... (PK) (USOTC:NRPR)
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Nutri Pharmaceuticals Re... (PK) (USOTC:NRPR)
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