SOURCE: VizStar, Inc.

May 18, 2011 08:42 ET

VizStar Inc. and Navitas Land and Mineral Development LLC Terminate Memorandum of Understanding for Oil and Gas Project

NEW YORK, NY--(Marketwire - May 18, 2011) - VizStar Inc. (PINKSHEETS: VIZS) and Navitas Land and Mineral Development LLC ("Navitas") today announce the mutual agreement to terminate a Memorandum of Understanding (MOU) relating to VizStar's proposed acquisition of 80% working interest in Navitas' Hansen Field. The MOU was entered into on January 24, 2011 and announced in a press release on March 2, 2011. The two companies are unable to proceed with the agreement at this time.

Richard Brutti, CEO of VizStar, stated, "We are currently searching for new opportunities that meet our criteria and will promptly inform shareholders of any new developments."

About VizStar Inc.
VizStar Inc. is an oil and gas exploration company focused on the exploration, production, and acquisition of properties in the western Kentucky region.

About Navitas Land and Mineral Development LLC
Navitas Land and Mineral Development LLC is an oil and gas exploration, development and production firm focused on the Illinois Basin, an area encompassing southern Illinois, southwestern Indiana, and western Kentucky. The company acquires oil and gas assets of merit and develops them to their full potential, applying conventional drilling and enhancement methods as well as low-cost, non-conventional processes to dramatically improve oil and gas recovery.

With the exception of historical information, the matters discussed in this press release are forward-looking statements that involve a number of risks and uncertainties. The actual future results of the company could differ significantly from those statements. Factors that could cause actual results to differ materially include risks and uncertainties such as the inability to respond to the evolving technological landscape, inability to finance the Company's operations or expansion, inability to hire and retain qualified personnel, competitive pressure, changes in the general economic climate, including rising interest rates, and unanticipated events such as terrorist activities. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'will,' 'should,' 'expect,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential' or 'continue,' the negative of such terms, or other comparable terminology. These statements are only predictions. Although we believe that the expectations reflected in the forward-looking statements are reasonable, such statements should not be regarded as a representation by the Company, or any other person, that such forward-looking statements will be achieved. We undertake no duty to update any of the forward-looking statements, whether as a result of new information, future events or otherwise. In light of the foregoing, readers are cautioned not to place undue reliance on such forward-looking statements. For further risk factors associated with our Company, review our SEC filings.

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