LANGLEY, British Columbia, April 19, 2007 (PRIME NEWSWIRE) -- Jason Rite, President and CEO of Nitro Lube, Inc. (Pink Sheets:NLUB), issued another shareholder update today. In his report he stated, "Our website has now been operational to take product orders for about two weeks. During that time we have experienced both the excitement of orders coming in and disappointment at the loss of business caused by technical problems with the site. I want to assure everyone that the site is now working properly to take secure orders. Most orders were properly processed but if your order has not been confirmed to you by e-mail, please go to http://www.nitrolube.com and re-order."
He further stated, "We, at Nitro Lube have recently formulated a new industrial cutting/tapping oil to become available next week. This new product is expected to sell extremely well once those using it discover its extraordinary lubricating and tool saving quality. Please check in on the website next week to learn more."
He added, "I am very pleased with our recent achievements; such as, our new Palm Desert office, Nitro Lube, USA, Inc. and the addition of Mr. Henry Casden to the Nitro Lube Team."
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.