LANGLEY, British Columbia, Sept. 6, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB), today announced that the Nitro Lube Canada, Ltd. sponsored Nitro Lube Racer finished first in its class, beating the competition by three car lengths at the Canadian West Coast Road Racing Championships this past weekend in Mission B.C. Racing was sanctioned by the Sports Car Club of British Columbia (http://www.sccbc.net/).
Jason Rite, President and CEO of Nitro Lube Canada, Ltd. stated, "Nitro Lube is thrilled to be associated with the Styan/Paetz Racing team and their crew, who delivered this win." He added, "It was an honor to be selected as the host sponsor of such a prestigious event, where top Canadian drivers participated in this 'points' championship race. Our Nitro Lube sponsored road racer had an exciting finish, winning first place in its class, and second overall in the West Coast championship. Next month will finish the season with the finals and the four hour Enduro run, and, of course, we expect to repeat last year's performance, that is, emerge as champions!"
About Nitro Lube, Inc.
Nitro Lube, Inc. is a marketing and holding corporation, organized under the laws of the state of Nevada on March 22, 1996. Nitro Lube, Inc. currently owns 100% of Nitro Lube Canada, Ltd. (a Canadian corporation) and Nitro lube USA, Inc. (a Nevada corporation) both of whom are engaged in the business of manufacturing and worldwide marketing of high tech lubricants and fuel conditioners. All products, produced and sold by Nitro Lube contain the revolutionary "PMF2000" formula. Nitro Lube, Inc. has offices in Langley, B.C., Canada and Palm Desert, California, USA. The company's subsidiaries maintain websites at: http://www.nitrolube.com and 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.