Argan Announces Vitarich Awarded Good Manufacturing Practices Certification; Company Receives 'A' Rating from NNFA.ROCKVILLE, Md. -- Argan Argan character who suffers imaginary ills; determined to be an invalid. [Fr. Lit.: Le Malade Imaginaire] See : Hypochondria , Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB; BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). : AGAX.OB; AGX) announces today that Vitarich Laboratories, Inc. has been awarded an "A" compliance rating from the National Nutritional Foods Association (NNFA NNFA National Nutritional Foods Association ) Good Manufacturing Practices (GMP GMP (guanosine monophosphate): see guanine. ) Third-Party Certification Program. Vitarich is one of only approximately 50 companies in North America to achieve the Certification. "Vitarich is one of a select group of companies that comply with the GMP requirements and it is well positioned to meet any federal GMP standards that may be required of our industry in the future," says Rainer Bosselmann, Chairman and Chief Executive Officer of Argan. He added, "Our receipt of this GMP Certification assures our customers of our financial and managerial commitment to the highest quality standards and makes Vitarich an attractive source for nutritional companies looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. quality manufacturing partners." The NNFA GMP Certification Program is designed to verify the compliance of its member suppliers of dietary supplements with a standardized set of GMPs developed by the NNFA that comply with or exceed the proposed FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. GMP regulations for dietary supplements. The examination is based on third-party inspection and comprehensive audits in the areas of quality operations, manufacturing and process controls, equipment and sanitation, plant and grounds, personnel, and warehouse, distribution and post-distribution practices. The NNFA is the nation's largest and oldest non-profit organization dedicated to the natural products industry with over 7,500 members, and has implemented the GMP Certification Program to self govern the industry. Vitarich Laboratories, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Argan located in Naples, FL, is a farm-to-market, vertically integrated contract private label manufacturer of premium nutraceutical products that include nutritional and whole-food dietary supplements and other personal healthcare products. For more information on Argan, go to www.arganinc.com and to www.vitarichlabs.com for more information on Vitarich Laboratories. This press release contains certain-forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange act of 1934, as amended. Although the Company believes the assumptions underlying the forward-looking statements contained herein, including the development plans of the Company, are reasonable, any of the assumptions could be inaccurate and therefore, there can be no assurance that the forward-looking statements contained in the press release will prove to be accurate. In light of significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the objectives and plans of the Company will be achieved. |
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