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Vitusa Products Acquires Distribution Rights for NanoFilterCX Cigarette Filter Material


Top-Tier Industry Provider Vitusa Products to Drive Adoption and Distribution of Toxin-Scrubbing NanoFilterCX by Producers of New Reduced-Risk Cigarettes

 

BERKELEY HEIGHTS, NJ and CARSON CITY, NV -- (MARKET WIRE) -- 06/28/2004 -- Vitusa Products, Inc. and US Global Nanospace, Inc. (OTC BB: USGA) today announced that Vitusa has acquired distribution rights for US Global Nanospace's NanoFilterCX Cigarette Filter Material. Vitusa is a leading supplier of additives to the filter and tobacco filter manufacturing industries and provides marketing and distribution for many major domestic and international producers through its offices and warehouses in New Jersey, Illinois and California. Vitusa is ISO 9002 certified and is the number one provider of Glycerine and the number two provider of Triacetin to the tobacco industry. Vitusa's customers include all the major tobacco manufacturers.

David Grande, president of Vitusa Products, Inc., said, "We have been working intimately with the tobacco industry over the past 24 years and over the past three years have worked with our customers to develop and integrate materials designed to reduce smoking risk and toxin transmission. The Institute of Medicine recently reported that 'for many diseases attributable to tobacco use, reducing risk of disease by reducing exposure to tobacco toxicants is feasible.'

"With initial testing of NanoFilterCX material by our customers indicating the potential for significant toxin reduction we see great promise and look forward to working with USGN and our customers to help drive reductions in smoking risk for the over 40 million smokers in the United States and 1.5 billion smokers worldwide for whom abstinence is not a solution. We see NanoFilterCX as a vital offering to manufacturers seeking to integrate new technologies to reduce smoke toxins while maintaining consumer acceptance."

NanofilterCX offers the only high-efficiency mechanical filtration means available today. It features pricing competitive with current common cigarette filters and seamless integration into the existing manufacturing process. All other recent filter products in the category of Less Harmful Cigarettes (LHCs) or Reduced-Risk Cigarettes are chemical-based and therefore require lengthy government approvals to evaluate any residual ingestion effects of the chemical additives.

John Robinson, Chairman and CEO of US Global Nanospace, Inc., commented, "This agreement is an important next step in addressing ongoing industry interest in NanoFilterCX. In Vitusa we have found the ideal partner for maximizing the potential of NanoFilterCX. Vitusa has the relationships and the distribution infrastructure required to expedite adoption of this innovation by manufacturers."

About Vitusa Products, Inc.

Vitusa Products, Inc. concentrates on marketing and distributing specific product groups to the Food, Nutritional and Beverage Industries. For nearly two decades Vitusa has focused on supplying Glycerine, Leavening Agents, Acidulants and allied products to larger global and national entities, as well as smaller emerging companies. The Quality System of Vitusa Products, Inc. has been registered to ISO 9002 by SGS ICS, Inc. Vitusa's web site is at www.vitusaproducts.com.

About US Global Nanospace

US Global Nanospace, Inc. (OTC BB: USGA) is an applied nanotechnology company focused on utilizing nano and sub-micron sized materials to develop comprehensive commercial, security and defense solutions. USGN's materials and products include the growing G-Lam line of variable threat armor solutions, NanoFilters for HVAC, NanoFilterCX, All-Clear Chem/Bio Decon Foam, S.A.G. Turrets, GARDS HumVee Doors, BlastX and RadomeX. More information is available at www.usgn.com.

Safe Harbor Statement: The statements in this press release are based on assumptions that the management of US Global Nanospace, Inc. believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of US Global Nanospace, Inc. and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from such forward-looking statements. US Global Nanospace, Inc. does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.

Contact Information:
For Vitusa Products, Inc.
David Grande
Phone: 908-665-2900
dgrande@vitusaproducts.com

For US Global Nanospace, Inc.
Media:
Valerie Bent
CCG IR
Valerie.Bent@ccgir.com
Phone: 702-270-9696



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