SOURCE: NutriOne Corporation

November 14, 2006 09:30 ET

NutriOne Announces It Has Acquired the Trademark Library of Purple Cow Investments

NEW YORK, NY--(Marketwire - November 14, 2006) - NutriOne Corp. (PINKSHEETS: NNCP) announced today that it has acquired the trademark library of Purple Cow Investments Ltd., for such well know marks as "New Generation" and "Drink to your heart's content." It has also signed a Licensing Agreement with Dairy Fresh Farms Inc. (FRANKFURT: D8I) to license its "NutraMagic" brand as well as the two new marks for use in its dairy product lines, liquid milk and ice cream.

Mr. Ian Morrice, President and Director, announced today that, "NutriOne has successfully acquired the trademark library of Purple Cow Investments as part of the company's ongoing goal to build a strong foundation utilizing intellectual property, and develop educational and marketing platforms within the nutraceutical and functional food industry. Clearly we are seeing a consolidation within this rapidly growing sector of the North American food industry, estimated to be worth $80 billion globally. We plan to be at the forefront of these growth opportunities."

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 US 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 natural 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
    NutriOne Corp.