Business News

Vital Products, Inc. Signs Letter of Intent To Acquire Profitable Packaging Company

Wednesday 17. September 2008 - Vital Products, Inc. (BULLETIN BOARD: VTLP) , a multi-channel innovator in the industrial packaging sector, announced today that it has signed a Letter of Intent to purchase Montreal based Den Packaging Corporation.

Established in 1972 Den Packaging Corporation has booked annual revenues over $1.75 million for the past several years and solid net profits. The Company currently intends to pay a combination of restricted Company stock and a note for the acquisition. The Company anticipates that the transaction will be finalized over the next 6 to 8 weeks.

“The addition of Den Packaging Corporation will undoubtedly strengthen our standing in the industrial packaging sector,” commented Vital Products Chief Executive Officer, Michael Levine. “Their corporate directive and extent of industry reach and respect lends extremely well to our mandate. As we continue developing new product lines that can be licensed to several industrial sectors our exceptional team continues to gain momentum exploring several niches and developing exciting revenue streams. I look forward to updating you as we continue to progress with our business plan.”