Vystar Corporation
Business Description
Vystar Corporation is the creator and exclusive owner of the innovative technology
to produce Vytex® Natural Rubber Latex (“NRL”). The Vytex Division
contains our global multi-patented technology that reduces antigenic and total
protein in natural rubber latex products to virtually undetectable levels. Vytex
NRL, our “ultra-low protein” natural rubber latex has been introduced
throughout the worldwide marketplace that uses NRL or latex substitutes as a raw
material for end products. Natural rubber latex or latex substitutes are used
in an extensive range of products including balloons, textiles, footwear and clothing
(threads), adhesives, foams (mattresses, pillows, mattress toppers, etc.), furniture
(foam and adhesives), carpet, paints, coatings, protective equipment, sporting
equipment, and, especially health care products such as condoms, surgical and
exam gloves, among others. Our challenge has been that a manufacturer’s
conversion from the use of standard latex or synthetic raw material to Vytex NRL
involves a protracted sales cycle ranging from eighteen to thirty six months.
Additionally, in the past, our primary method of distribution was via toll manufacturing.
We now have several licensing agreements in place for global distribution that
have allowed us to focus on and transition to sales and marketing with a technical
oversight.
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