PALM DESERT, Calif., July 10, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB) announced today that the Golden Hawk Streamliner Project, aka the "Proud Canadian Project", will skip the Bonneville Flats "Speed Week" in August in favor of a run at the world diesel land speed record on October 3, 2007. More information can be obtained at: http://goldenhawkproject.blogspot.com/.
Nitro Lube, Inc. is providing engine lubricants for the Golden Hawk Cummins (CMI) diesel that powers the Land Speed Streamliner. The Nitro Lube logo will be prominently displayed on the Golden Hawk to be seen worldwide during this historical event.
About Golden Hawk
Golden Hawk is a "Proud Canadian Project" dedicated to breaking the diesel land speed record. The organization operates a website at http://www.goldenhawk.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, B.C. and, Palm Desert, CA. Nitro Lube, Inc. maintains websites at: http://www.nitrolube.com and under construction at: http://www.nitrolubeusa.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.