ENCINITAS, Calif., Feb. 16, 2005 (PRIMEZONE) -- Vitasti, Inc. (OTCBB:VITS) (the "Company") is pleased to announce that its presentation to one of South Korea's largest pharmaceutical companies is moving forward towards exportation of Vitasti's line of bulk and packaged baking mixes, flax granola and 30 lines of bulk sugar-free candy. The Company has been in negotiations with this organization for several months and its last round of meetings with the organization's President and Agent (Someo International) took place last week. Both organizations are now looking into exportation requirements to get the products into South Korea. The organization and projections at this time are confidential and will be disclosed at a later date.
The Company is also pleased to announce that management has definitively agreed to pursue the rights to SweetSue's X-W8, as per the company's February 8th release. Upon further research, management agrees that this product line will be attractive to consumers and manufacturers on a global level and very competitive in the sugar-free sweetener marketplace.
Vitasti, Inc. is well-known in the specialty foods industry for producing and delivering exceptional products and services to its customers. One division of the company operates as Vitasti Lifestyle Markets, Bakeries and Cafes. The company meets the needs of consumers who follow specialized diets and through its own manufacturing facility, a portion of the products sold are produced to meet specific dietary needs. The company's focus is to develop or joint venture with developers to produce and distribute leading edge products and services within the health and wellness industry and meet the needs of ailments related to diet and nutrition.
About Someo International
Amy Chuang is President of Someo International and represents many companies in the Asian Market wanting to do business with North American Companies. As a buyer's representative, Ms. Chuang has been very successful in consummating many large scale export and import relationships.
About SweetSue
Fred Goldman has spent the majority of the past year developing X-W8 after realizing that there was a real need for a low calorie, low Glycemic, non sugar alcohol, high fiber and flexible sugar-free product. Goldman has been a leader in the no sugar industry and is the founder of a multi-million dollar private distribution company.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.