JOHNSTON, R.I.--(BUSINESS WIRE)--March 31, 2004--Micro Laboratories, Inc. (OTCBB:MLAR - News), a leading manufacturer of oral spray vitamins and breath spray, announced today the completion of a contract with Namu Global P/L, an Australian company, for the exclusive distribution of Micro Spray's sublingual vitamins in the countries of Australia and Korea. The deal was put together by Globalsweet.com, a distributor for Micro Spray products. The exclusivity is contingent upon an up front purchase of twenty thousand dollars ($20,000.00 US) and a commitment to purchase. In addition, an annual amount of two hundred thousand dollars ($200,000.00 US), in order to maintain their exclusivity in those two countries.
Micro Laboratories, Inc. has developed and patented (US pat #6,071,500) an entire line of oral spray vitamins and supplements. The products are sprayed under the tongue and absorbed directly into the blood stream bypassing the gastrointestinal tract altogether. Micro Spray vitamins and minerals utilize a unique delivery system that provides the consumer with a nutrient retention rate of approximately 90%. Of all today's methods of ingesting nutrients, the oral spray method consistently provides the highest absorption rate, combined with the most effective and efficient delivery system available.
Robert Thistle stated, "The future belongs to spray. This will certainly be the preferred method of ingesting vitamins and nutrients and will revolutionize the market and meet the rising demands both here and abroad well into the 21st Century." Already available for sale in spray form are: Micro Spray Adult Multiple Vitamin, Micro Spray Children's Multiple Vitamin, Micro Spray Adult B Complex, Micro Spray Children's B Complex, Micro Spray Vitamin B12, Micro Spray Zinc with Vitamin C, for colds and allergies), and now Micro Spray Osteo Care. These products can be found on the web site www.globalsweet.com or by calling 1-800-601-0688.
Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward looking statements due to a number of important factors and will be dependent upon a variety of factors, including, but not limited to, are ability to obtain additional financing and access funds that will allow us to continue our current and future operations and whether demand for our product and testing service in domestic and international markets will continue to expand. The company under takes no obligation to publicly up date these forward looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the companies expectations with regard to these forward looking statements or the occurrence of unanticipated events.
Micro Laboratories, Inc. Robert Thistle, 800-555-1276
Source: Micro Laboratories, Inc.