LANGLEY, British Columbia, April 16, 2007 (PRIME NEWSWIRE) -- Nitro Lube, Inc. (Pink Sheets:NLUB) announced today that Ontario Formula Ford Challenge (OFFC) has officially recognized Nitro Lube, Inc. as a new sponsor. Nitro Lube joins an elite group of great sponsors such as: Ford Motor Company, Dunlop (http://www.dunloptires.com), Formula Car Magazine (http://www.formulacarmag.com), Toronto Tirecraft (http://www.tirecraft.com), Canadian Automotive Sport Clubs (http://www.casc.on.ca/), British Automobile Racing Club (http://www.barc-oc.com/), Brian Stewart Racing (http://www.brianstewartracing.ca/) and Brian Graham Racing (http://www.briangrahamracing.com/, for the 2007 racing season. An OFFC release can be viewed on NLUB's website http://www.nitrolube.com and OFFC's website at http://www.offc.ca.
Leader of the Nitro Lube revolution in Western Canada and President and CEO of NLUB, Mr. Jason Rite, was quoted, "Nitro Lube is thrilled being part of the Ontario Formula Ford Challenge racing series. Nitro Lube products are of a quality that matches the top caliber of drivers that participate in the OFFC series. The benefits of using Nitro Lube will assist the racers in pushing the limits of their vehicles with a sense of security knowing that they have superior lubrication. We wish all the racing teams' success in this 2007 season."
About Ontario Formula Ford Challenge
The Ontario Formula Ford Challenge is an open wheel racing series run on a variety of tracks in Ontario, Canada. The OFFC is geared to accommodate all drivers of any age, as rising stars and seasoned masters alike hone their skills in one of the most demanding racing series. 2007 is the 40th anniversary of Formula Ford racing and the OFFC is proud to carry on the tradition. For the latest news and information visit our web site 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, La Quinta, 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-looking 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.