Trading Symbol: VPI VANCOUVER, May 31 /CNW/ - The audited financial results of the Company for the year ended January 31, 2006 show a net loss of $140,330 or $0.01 per share compared to a net loss of $127,440 or $0.01 per share for the same period last year. The Company continues to focus on the development of new condition-specific formulated products and whole food nutraceuticals with the goal to bring these products to the market. The Company has submitted a total of twenty-four product license applications to the Natural Health Products Directorate of Health Canada for approval and has received Natural Health Product Numbers for eleven products. The remaining thirteen applications are still being processed by Health Canada. These Natural Health Product Numbers are an addition to the existing sixty Drug Identification Numbers registered to the Company for products to market or license. The Company's audited financial statements and management's discussion and analysis for the year ended January 31, 2006 are available on SEDAR at www.sedar.com. On behalf of the Board of VITALITY PRODUCTS INC. "William N. Grant" (signed) _______________________________ William N. Grant, President & CEO The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. %SEDAR: 00005856E