SOURCE: NutriOne Corporation

November 17, 2006 09:30 ET

NutriOne Announces Canola Oil Granted Coveted FDA Heart Health Claim

MIAMI BEACH, FL--(Marketwire - November 17, 2006) - NutriOne Corp. (PINKSHEETS: NNCP) announced today that one of its main ingredients has received the coveted FDA Heart Health Claim.

Dr. Simon Phaneuf MD, M.B.A., Director, announced today that "NutriOne was delighted to hear that the FDA has granted a qualified health claim for Canola oil on its potential to reduce the risk of coronary heart disease, owing to its unsaturated fat content. Canola is high in healthy unsaturated fats (93%), free of cholesterol and trans fats, and has the lowest saturated fat (7%) of any common edible oil." Dr. Nicolas Matossian, Chairman, reiterates that "Some time ago our research team recognized the outstanding health qualities of Canola and has included it into many of our nutraceutical ingredients, the claim is a strong incentive for consumers to switch to heart healthy Canola with its superior nutritional profile; our family of products are built around the health properties of Canola."

About NutriOne

NutriOne Corp. is an American corporation established to develop a unique, functional food process for the North American consumer. With an ever-increasing active population focusing on healthier lifestyles, there has been a worldwide emergence of a new category of food products referred to as "functional foods." Within functional foods are nutraceuticals which are natural ingredients that add health benefits and help prevent disease. The most common examples include milk fortified with omega-6s and 3s, calcium and vitamin D. The global market for functional foods is estimated to reach over $80 billion USD in 2005. North American consumers are just beginning to become aware of these fabulous foods. Further to this, NutriOne was established to develop, manufacture and sub-license additives to improve the nutritive qualities and functional food values for finished products in the food and beverage industries. The process relates to the production of enhanced baked goods, confectionary, dairy and pet foods.

Important Information about Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.

Contact Information

  • Contact

    Ian Morrice
    President
    NutriOne Corp.
    613-286-1080