Natural Nutrition, Inc., ( www.naturalnutritioninc.com) reported today that the Company recorded record 2008 sales revenues of $12,264,672 versus $5,771,105 through the third quarter of 2007. Tim Connolly, CEO of Natural Nutrition commented, "These record revenues are completely attributable to the sales of InterACTIVE Nutrition International, Inc., our primary operating subsidiary in Ottawa, Canada. Since our takeover of the company in May 2007, we have seen sales distribution of our sports nutrition and health supplements grow to over 23 countries throughout the world. Our recently announced European Union distribution contract will accelerate our market penetration, and we look forward to using the current economic climate as an opportunity to grow our business while others shrink theirs." The details of the company's performance in the first nine months of 2008 may be found in the Company's recently filed form 10-Q available at www.edgar-online.com.
About iNutrition, InterACTIVE Nutrition, and Natural Nutrition Inc.
iNutrition.com and InterACTIVE Nutrition International Inc. ( www.interactivenutrition.com) are wholly owned subsidiaries of Natural Nutrition, Inc. and were previously minority owned by Corporate Strategies Merchant Bankers. InterACTIVE Nutrition is a manufacturer and international leader in sports and nutritional supplements backed by over 12 years of research, development and sales of sports nutrition products in over twenty countries throughout the world.
This press release contains forward-looking statements, which involve known and unknown risks, uncertainties or other factors that could cause actual results to materially differ from the results, performance or other expectations implied by these forward-looking statements. Natural Nutrition's expectations regarding future sales and profitability assume, among other things, stability in the economy and reasonable growth in the demand for its products, the continued availability of raw materials at affordable prices, retention of its key management and operating personnel, as well as other factors detailed in Natural Nutrition's filings with the Securities and Exchange Commission. The forward-looking statements, assumptions and factors stated or referred to in this press release are based on information available to Natural Nutrition today.