Union Equity, Inc. (PINKSHEETS: UNQT) is pleased to announce that its wholly owned subsidiary, Natural Product Laboratories LLC, has a new customer; GLACIER ICE Towel™. Natural Product Laboratories is producing an initial order of 10,000 pieces of the revolutionary GLACIER ICE Towel™. GLACIER ICE Towel™ will be marketing its new product to all outdoor vendors/events as well as the medical, military and humanitarian channels.
GLACIER ICE Towel's research on ingredients has led to a proprietary formula that cools the body. GLACIER ICE Towel is manufactured to surgical-grade hygienic standards, which is more hygienic than all alternatives. GLACIER ICE Towel is packaged in a re-sealable package for convenience. It can be used at room temperature for immediate cooling, or for extreme effect, it may be refrigerated or frozen prior to use.
"Natural Product Laboratories has done a great job developing our revolutionary product for us," stated Tracy Henning owner of GLACIER ICE Towel™. "We estimate that the market size is more than $1 billion for a cold towel that bundles the market-specific requirements including efficacy, portability, convenience, and quality. Only GLACIER ICE Towel is designed and produced to achieve distribution in key channels including: Retail, Venues/Special Events, Medical, Military, Export and even Humanitarian channels."
"This is a great opportunity for us to expand into an estimated $1 billion cold towel industry," stated Mel Wilt Director of Operations for Natural Product Laboratories LLC "We will have a continued relationship with GLACIER ICE Towel™, and look forward to developing a tremendous amount of their remarkable product."
To Learn more about Natural Product Laboratories, please call the toll free number: 888-522-2550
To Learn more about GLACIER ICE Towel™, please contact Tracy Henning: THenning@GlacierIceTowel.com
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About Natural Product Laboratories LLC:
The Natural Product Laboratories LLC (NPL) laboratory and production facility is located in Melbourne, Florida and is FDA regulated and certified as well as Green Seal approved to produce the highest quality skin-care, personal care, hair, pet, baby and sunscreen products. The Company specializes in formulizations of new product lines as well as reverse engineering existing products. The staff includes a licensed chemist and certified microbiologist, with over 25 years' combined experience. NPL's skilled production team and broad range of equipment allows them to accommodate almost any size order. Packaging capabilities include a wide range of sizes for both professional and retail use.
Safe Harbor Act:
This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE Union Equity, Inc.