5BARz Expands Sales and Marketing in Mexico
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5barz International Inc. (QB) (USOTC:BARZ)
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Today : Tuesday 16 December 2014
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Company receives Initial PO from new distribution partner
5BARz International, Inc. (OTCQB: BARZ), (www.5BARz.com) ("5BARz" or “the Company") a technology leader in the cellular network extender industry, is pleased to announce that it has commenced working with Grupo BTMex and has received an initial purchase order for 900 5BARz Road Warrior devices for distribution in Mexico.
Mr. Eduardo De la Barrera CEO of BTMex and former commercial director of LG and Sharp Electronics in Mexico stated, “After extensive field testing and market analysis we believe the 5BARz Road Warrior will experience significant market demand here in Mexico.”
Grupo BTMex’s core business is based on representing and commercializing top electronic brands in Mexico. They specialize in positioning products in the Mexican market with many of the leading retail chains. Some of those into which they have established supply chain relationships include Walmart, SAMS Club, Costco, Aurrera, Soriana, City Club, Femsa/Coca Cola, Elektra, H-E-B, Chelectronicedraui, Comercial Mexicana, Sears, Palacio de Hierro, Best Buy, Radio Shack, Movistar, IUSACELL.
Daniel Bland stated, “We are very excited to be working with BTMex. Having overcome the challenging task of getting the 5BARz Road Warrior ready to sell in Mexico, importing product and having set up a wholly owned subsidiary 5BARz Mexico, and after nearly twelve months, we are finally positioned to commence business in Mexico. We are pleased to be aligned with a group with substantive consumer electronic retail expertise in Mexico. BTMex in our opinion is the ideal company for 5BARz to build a strong retail presence in the region for the Road Warrior. One of the requirements in forming this business relationship with BTMex was that we would commit to supplying BTMex with additional Road Warrior devices beyond those 15,000 units remaining with our manufacturing partner. We look forward to rolling out this program for the 5BARz Road Warriors in the coming months."
About 5BARz International Inc.
The 5BARz International Inc. business is focused on the global commercialization of a patented product technology branded under the name 5BARz™. 5BARz™ is a cellular network infrastructure device for use in the small office, home or for when users are mobile. 5BARz™ incorporates a patented technology to create a highly engineered, single-piece, plug 'n play unit that strengthens weak cellular signals to deliver high quality signals for voice, data and video reception on cell phones and other cellular equipped devices. 5BARz™ represents a key solution for cellular network operators in providing clear, high quality signal for their subscribers with a growing need for high quality connectivity. 5BARz International Inc.'s shares are publicly traded on the OTCBB under the ticker symbol BARZ.
Legal Notice Regarding Forward-Looking Statements
The information contained in this release consists of forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These statements may involve risks and uncertainties that could cause actual results to differ materially from those described in such statements. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.
IRTH Communications
Robert Haag, 866-976-4784
barz@irthcommunications.com
or
Integra Consulting Group, LLC
Jeremy Roe, 925-262-8305
jeremy@integraconsultinggroup.com
