LANGLEY, British Columbia, Feb. 20, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB), proudly announced today that it has been accepted as a Corporate Lubricant Sponsor for the 2007 "Ontario Formula Ford Challenge" (http://www.offc.ca) racing season. "More that fifty race cars will sport Nitro Lube decals during the racing season. The Nitro Lube name will be seen by thousands of racing fans and our brand will be associated with top quality racing cars. Nitro Lube will be represented at the 'OFFC' Booth at the 2007 Toronto Auto Show this week. We look forward to this racing season as an excellent opportunity to promote the Nitro Lube name and its products," stated Jason Rite, President and CEO of NLUB.
About Ontario Formula Ford Challenge
The Ontario Formula Ford Challenge Series is a competitive, economical, and very enjoyable series of races designed to challenge everyone from the budding professional to the seasoned master. OFFC maintains a website at: http://www.offc.ca
About Nitro Lube, Inc.
Nitro Lube, Inc. is engaged in the business of manufacturing and worldwide marketing of ultra performance lubricants and fuel conditioners designed to perform in extreme temperatures. All products produced and sold by NLUB contain the revolutionary "PMF 2000" formula. Nitro Lube, Inc. has offices in Langley, BC; Las Vegas, NV; and Indian Wells, CA. Nitro Lube, Inc. maintains a website at: http://www.nitrolube.com.
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Nitro Lube, Inc., and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. These risks and uncertainties include, among other things, volatility of market prices, product demand, market competition, risks inherent in the Company's international operations, and the Company's ability to expand. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.