September 3, 2008
NEWPORT BEACH, CALIF.—NutriPure Beverages, Inc. (Pink Sheets: NUBV) has signed a letter of intent to acquire controlling interest of Jayger International, Ltd. Under the terms of the agreement, Jayger will become a subsidiary of NutriPure, and management of both companies will remain intact. This announcement comes on the heels of NutriPure’s recent acquisitions of wholly-owned subsidiaries XND Technologies, Inc. and Inka Grill Franchising Systems.
Jayger International is an import/export company recently organized by two 30-plus-year veterans of the industry with strong relationships in Asia, especially Japan, South Korea, Taiwan, Okinawa and Thailand. Jayger is a fully functional trading company that handles and arranges all aspects of import/export including product development and sourcing, quality control, packaging and labeling, shipping and receiving, customs and regulation, and warehousing/distribution.
NutriPure's CEO Kenyatto Jones commented: "Jayger International is an ideal fit for NutriPure, giving us international reach and providing a strong gateway to Japan, both for Jayger’s own portfolio of products and for those being developed by XND and Inka Grill. Jayger already has strong relationships and agreements in place and is poised to initiate operations very quickly.”
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