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Capstone Companies, Inc. (QB) (USOTC:CAPC)
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Today : Monday 21 July 2014
Click Here for more Capstone Companies, Inc. (QB) Charts.National warehouse club orders expand shelf presence into Japanese market; Shipments expected to commence in August 2014
Capstone products now available in four international markets
DEERFIELD BEACH, Fla., July 21, 2014 (GLOBE NEWSWIRE) -- Capstone Companies, Inc. (OTCQB:CAPC), a leader in the design and manufacture of specialty power failure lighting solutions and innovator of consumer safety and security products for the Hospitality, Retail and Institutional channels, announced today that it has received orders for distribution to the Japanese locations of a major national warehouse club.
Stewart Wallach, Chief Executive Officer of Capstone, stated, "The growing strength of the Capstone brand and strong demand from end users has led to a high level of confidence from our existing national warehouse club customer. The relationships that have been cultivated through our domestic sales and distribution initiatives are creating new opportunities for us in international markets, and I am excited to test the appetite for our products in the Japanese market along with the recently announced Australian market. We will continue to pursue strategic expansion into additional international markets that we identify as providing the greatest opportunities."
With this order Capstone is now doing business in four international markets – Mexico, Taiwan, Australia and Japan. Shipments are expected to commence in August 2014 with Capstone's products available for purchase by consumers in the third quarter of 2014.
More information on Capstone Companies, Inc. can be found at www.capstonecompaniesinc.com and additional product details are available at www.capstoneindustries.com.
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