Automotive Aftermarket Presents Prime Market Opportunity for NTRR and Purlife
SARASOTA, Fla.--(BUSINESS WIRE)-- As Neutra Corp. (OTCBB: NTRR) continues to make progress in negotiations toward a definitive agreement with Purlife Distributors, Inc., a new twist on that company's high-tech, protective coatings could potentially open huge new business opportunities for NTRR in North America's multi-billion-dollar automotive aftermarket.
Purlife is the exclusive Canadian distributor of a patent-pending water-based solution known as PurTeq, which forms an invisible, long-lasting coating that actively protects surfaces from the build up of bacteria, molds, germs and allergens and eliminates odors such as smoke and pet smells.
Now, Purlife has a new formula—Drivepur—capable of making automobiles, RVs, boats and more hygienic inside and out. The company is looking to have it rolled out on a nation-wide basis. In-car surface and air pollution is a major health issue worldwide. Drivepur can help to prevent respiratory diseases, allergic reactions and other serious illnesses spread through vehicular contamination.
It could also become extremely profitable: Global Industry Analysts, Inc. predicts that the North American air-purification equipment market could grow to $4.8 billion by 2017. Aftermarket products, including protective coatings, account for a large percentage of dealerships' gross profits. For these businesses, Drivepur may prove to be the perfect fit.
Neutra Corp. is dedicated to commercializing innovative, all-natural products to compete in the fast-growing wellness sector alongside Herbalife Ltd. (NYS: HLF) , Vitamin Shoppe (NYS: VSI) , Nutraceutical International Corp. (NAS: NUTR) and Schiff Nutrition International Inc. (NYS: WNI) .
In addition to anti-microbial coatings, NTRR is also pursuing new opportunities in the booming medical marijuana sector. For more information on NTRR's nutraceuticals initiative, please visit www.neutracorp.com/investors.
Follow NTRR on Twitter at www.twitter.com/neutracorp.
About Neutra Corp.
Neutra Corp. (www.neutracorp.com) is a healthy lifestyle company that specializes in the development and marketing of natural wellness solutions. The company is currently working to produce a full range of products to address every component of a healthy lifestyle, including addiction recovery, weight loss and general wellness through a daily nutrition regimen. For investing information and performance data, please visit www.neutracorp.com/investors.
Notice Regarding Forward-Looking Statements
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.
Cindy Morrissey, 713-821-1486
President and CEO
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