Atlanta, GA 7/6/12 (StreetBeat) -- Union Equity, Inc. (OTCBB:UNQT) is pleased to announce that its wholly owned subsidiary, Natural Product Laboratories LLC, has a new customer; GLACIER ICE Towel™. Natural Product Laboratories is producing an initial order of 10,000 pieces of the revolutionary GLACIER ICE Towel™. GLACIER ICE Towel™ will be marketing its new product to all outdoor vendors/events as well as the medical, military and humanitarian channels.
GLACIER ICE Towel's research on ingredients has led to a proprietary formula that cools the body. GLACIER ICE Towel is manufactured to surgical-grade hygienic standards, which is more hygienic than all alternatives. GLACIER ICE Towel is packaged in a re-sealable package for convenience. It can be used at room temperature for immediate cooling, or for extreme effect, it may be refrigerated or frozen prior to use.
"Natural Product Laboratories has done a great job developing our revolutionary product for us," stated Tracy Henning owner of GLACIER ICE Towel™. "We estimate that the market size is more than $1 billion for a cold towel that bundles the market-specific requirements including efficacy, portability, convenience, and quality. Only GLACIER ICE Towel is designed and produced to achieve distribution in key channels including: Retail, Venues/Special Events, Medical, Military, Export and even Humanitarian channels."
"This is a great opportunity for us to expand into an estimated $1 billion cold towel industry," stated Mel Wilt Director of Operations for Natural Product Laboratories LLC "We will have a continued relationship with GLACIER ICE Towel™, and look forward to developing a tremendous amount of their remarkable product."
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