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To: mmmary who wrote (3260)	6/6/2002 1:30:30 PM
From: StockDung	Respond to of 12465

VITAL LIVING PRODUCTS INC - Deregistration Under The Securities Exchange Act New York, New York, May 06, 2002 (Market News Publishing from COMTEX) -- Vital Living Products, Inc., d.b.a. American Water Service announced that its Board of Directors has approved the deregistration of its common stock under the Securities Exchange Act of 1934, and that to effect such deregistration it plans to file a Form 15 with the SEC on or about May 10, 2002, at which time its reporting obligations under the Exchange Act will be suspended. In its 2001 Annual Report on Form 10-KSB filed with the SEC on April, 1, 2002, the company disclosed that given the negative cash flows it was experiencing, unless it was able to secure additional financing it would need to substantially reduce expenses in order to continue to fund its operations. C. Wilbur Peters, the company's chairman stated, "Given the company's inability to secure additional financing on satisfactory terms, it has become necessary to significantly reduce the company's expenses by, among other things, eliminating the substantial expenses associated with meeting the company's reporting obligations under the Securities Exchange Act." Following deregistration under the Exchange Act the company's common stock will be delisted from the Nasdaq OTC Bulletin Board and it is expected that the company's shares will begin to be traded on the "pink sheets." About Vital Living Products, Inc.: Vital Living Products specializes in water testing and treatment kits that are sold nationally in over 20,000 locations under the PurTest brand name. Winner of the 2000 Consumer Product Award by the American Quality Institute and the Best New Product Award in its category for 2000 by Today's Homeowner, the Company manufactures and distributes PurTest kits, delivering instant results. In addition, VLPI provides drinking water systems and PurGuard water treatment equipment for residential, commercial and industrial use, and PurWell disinfection kits. PurTest, recommended by Good Housekeeping Magazine and Consumers Digest, is available through Ace Hardware, Do It Best, Fred Meyer, Lowe's, Menards, United Hardware, W.W. Grainger, Mid-states Distributors plus many Home Depot locations. NOTE: Safe Harbor statements under the Private Securities Litigation Reform Act of 1995: This announcement may contain "forward looking" statements. Although we believe that the statements contained in this announcement are reasonable, we can give no assurances that such statements will prove correct. MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041. (C) 2002 Market News Publishing Inc.