Thursday, January 29, 2009

Vital Products, Inc. (VTLP.OB) Announces First Order of Bio-Based Packaging

Vital Products, a distributor of industrial packaging products, recently announced that it has received an order to supply its Bio-Based foam in place packaging product.

Vital Products Chief Executive Officer Michael Levine commented, “This order is the first of many to come from one of the top four consumers of the foam in place market. Based on the response and the subsequent order we expect this to be the first of many from this customer for years to come.”

Levine added, “We expect to ship this order of our Bio-Based foam over the next few weeks. Initial projections based on our customer response suggest that by end of year the company could achieve sales in excess of $20 million.”

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