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NPRI Reports Record
First Quarter Earnings
Las Vegas, NV (April 20, 2006) - Nutri Pharmaceuticals
Research, Inc. today reported first quarter 2006 results
from operations. Sales approximated $421,000 as compared
to $290,000 in first quarter of the prior year. Gross
profit approximated $339,000 as compared to $207,000 in
same period of the prior year. Operating expenses
approximated $281,000 as compared to $179,000. Overall
net income approximated $42,000 as compared to $11,000
in the same period of the prior year. Commenting on the
results, Chief Executive Officer and President Godfrey
Yew said,“We are thrilled to have concluded our best
quarter results. Our performance this quarter reflects
the sustained momentum we generated from our business
development efforts during 2005. We have negotiated more
favorable contracts and have been able to reduce our
overall operating expenses.”
About NPRI
Nutri Pharmaceuticals Research, Inc. (www.o2pus.com)
provides a wide range of powdered oils for functional
food, food supplement, dietary supplement, cosmetics,
pet food and animal feed applications. The company is
one of a select few to be awarded the prestigious
Nutrition Business Journal “Product Merit Award” for its
patent pending O2P™ Powderization Process.
At the heart of its oil powders is the O2P Oil-to-Powder
technology. This patent pending process converts most
edible oils, gels or pastes into a free-flowing powder
without affecting the isomeric structure, fatty acid
profile, color, taste or aroma of the base oil. O2P does
not rely on traditional techniques that utilize extremes
in heat or cold, or micro-encapsulation technology. The
company currently offers more than 50 shelf-stable
powders. The company can also apply O2P technology to a
third-party’s oil, paste or gel through an arrangement
called tolling. Based in Las Vegas, Nevada USA, the
company has representative sales offices in Amsterdam,
Mexico City, Singapore and Bangkok. Nutri
Pharmaceuticals Research, Inc. shares are currently
traded in the United States on the “NQB (National
Quotation Bureau) Pinksheets” under the symbol NRPR.PK.
Forward Looking Statement
The words "believe," "expect," "anticipate" and other
similar expressions generally identify forward-looking
statements. Forward-looking statements are based on the
company's current expectations and are subject to
market, competitive and regulatory factors and the other
risks and uncertainties indicated from time to time in
the company's filings with the Securities and Exchange
Commission. Actual results can differ materially. The
company makes no commitment to disclose any revisions to
forward-looking statements.
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