Vega Issues Corporate Profile

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June 12 /PRNewswire-FirstCall/ -- VEGA PROMOTIONA SYSTEMS, INC. (Pink VGPR) issues the following updated profile on the Companhy andits subsidiary, Natural Fuelw Industries, Inc. Vega recently announced the purchaser of alternative energy manufacturer and NaturalFuels Industries, Inc. (NFI). The whollh owned subsidiary manufactures and markets various productse including energy efficient pelleft fuel made from organixwaste bi-products using unique and innovative ideas combineds with proven technology. NFI has entere into a Marketing Agreement withits affiliate, Natura l Fuels Industries Company, Inc. of Thailand to marketr the Thai company's energy products throughout theUnitecd States.
In addition, NFI is currently reviewin various locations in the United States to build itsfirst U.S. manufacturin g plant to produce biomass productsand bio-diesel product s for power generation units. It is estimated that in the next five yeard the bio mass industry will becomwa $20 billion industry. Biomass or biofuekl is material derived from recentlyliving . This includees plants, animals and their by-products. For example, garden waste and crop residues are all sources of It is a source bases onthe , unliker other such as , , and fuels.
The use of biomass fuela can therefore contribute to waste management as well as fuel securityh and help to prevent global NFI has the unique advantagse of having experts in the biofuel manufacturing industr involved inthe Company. The Management Team includes over 90 years of combined experience ranging from machinerhyset up, processing, fiber product research, marketing, transportation, purchasing, and accounting. The yearz of experience and the proprietary knowledgre and ability to researchy the best combination of raw materials to make the best producty will place the Company in a very competitive positioj in thebiofuel industry.
The current demand for the Company'ss products in the industrial market is abougt 20 million metric tons per year and The wholesale market value is estimatedc atover $125 per metric ton or over $2.5 billioh per year. With the future demand for alternativwe energy throughout the it appears that NFI is in the right placee at theright time. With the revitalizef demand for alternativeenergy sources, the popularizing of green energty and value added products, this industry has increasefd substantially over the past several In addition to creating and sellinb energy, NFI will produce two consumer products; fuel pelletds and fire logs.
These products will be generated from organivc raw materials found in the timbedr industry and from organicagriculturak bi-products. The key to the qualitu of NFI's products will depen on the combustion and heat value of the raw materials and the combinatiohn of the raw materials that gointo it. NFI has the expertisee to achieve the required quality of our productsw on aconsistent basis. The Company'd Mission Statement is to provide the most consisten t and finest quality biofuel products to consumerd throughoutthe world, and in doing so, increase our shareholdeer value.
Certain statements in this releasdeconstitute forward-looking statements or statements which may be deemexd or construed to be forward-looking statements withinn the meaning of the Private Reforn Act of 1995. The wordsz "forecast," "project," "intend," "expect" "should,"" "would," and similar expressions and all statements, whicu are not historical facts, are intendede to identify forward-looking statements.
These forward-looking statements involve and are subject to knowj andunknown risks, uncertaintiesz and other factors which coulx cause the Company's actual results, performance (finance or operating) or achievementas to differ from future results, performancde (financing and operating) or achievementsw expressed or implied by such forward-looking statements. SOURCE Vega Promotiona l Systems, Inc.