http://www.worldsourceinc.net
http://www.tubertinternational.com
WorldSource Inc. Acquires Tubert International
Jan 3 2007 9:30AM ET
WorldSource Inc. Actively Pursuing Acquisitions
Dec 12 2006 9:30AM ET
WorldSource Inc. Signs Investment Banking With KMA Capital Partners Inc.
Nov 29 2006 11:42AM ET
InvestSource Inc.: XBOX 360 will Face Off Against PS3 at the Apollo on H3TV
Nov 29 2006 4:38AM ET
WDSC, BMC and NSTC Update the Investment Community in All-new Interviews With WallSt.net
Nov 28 2006 8:00AM ET
InvestSource Inc.: WorldSource Working Across Cities, Counties and States to Provide Ice Free
Nov 10 2006 4:50AM ET
WorldSource Inc. Working With State, County and City Municipalities Across the United States
Nov 9 2006 12:23PM ET
InvestSource Inc.: WorldSource Prepares Ice Free for Winter Launch
Nov 2 2006 5:14AM ET
WorldSource, Inc. Preparing to Launch Winter Campaign for Ice Free
Oct 31 2006 2:30PM ET
WorldSource Inc. Preparing Launch of Latin American Instruments
Oct 18 2006 9:04AM ET
PinkSheets WDSC link:
http://www.pinksheets.com/quote/quote.jsp?symbol=wdsc
WorldSource Inc. Acquires Tubert International
Investment Bank KMA Capital, Inc. Structures $6M Agreement
PALM DESERT, Calif., Jan 03, 2007 /PRNewswire-FirstCall via COMTEX/ -- WorldSource, Inc. (Pink Sheets: WDSC) today announced that it has acquired Tubert International, LLC, a contract manufacturer based in Los Angeles, California. KMA Capital Partners, Inc. (Pink Sheets: KMCP) of Orlando, Florida, structured the $6-million acquisition of Tubert International as a wholly owned subsidiary for WorldSource.
"We, at WorldSource, along with the key strategists of KMA Capital have put together an aggressive growth plan for WorldSource, and the acquisition of Tubert International is the first and most important step of our plan," stated Brian Jue, CEO of WorldSource. "With this acquisition complete, we are now a revenue-generating, profitable company with a significant upside. Beyond the fundamentals this transaction adds to WorldSource, we are now tapped into a network that yields countless opportunities for future growth."
Tubert International was formed in 1998 and is a USA-based company dedicated to the overseas manufacturing of various industrial and consumer goods to its clients' specifications. Headquartered in Los Angeles, it has production offices in Hong Kong and import/export/manufacturing facilities in Ningbo, Wuhan, Hangzhou and Shanghai, China. The Company provides globally competitive manufacturing to a diversified U.S. and foreign clientele base, ranging from start-up companies to Fortune 500 and multi-national companies. Tubert International's manufacturing specialties are metals and plastics, and they are also able to produce components and finished goods of rubber, textiles, leather, glass, ceramics, composites, milled softwood, hardwood & bamboo products, and complete, packaged, point-of-purchase-ready products.
Maurice Tubert, president of Tubert International, said, "In 1998 we set out to build a world-class supply chain by maximizing our global relationships. We hit a million dollars in sales by year 2 and have grown every year since with 2006 revenue to eclipse $4.5 million. We've been profitable every year. By inserting our revenue-generating engine under the hood of WorldSource's machine, we believe the necessary components are in place to build a substantial company."
CEO C. Phillip Tubert of Tubert International, added, "WorldSource's acquisition of Tubert International represents the inception of a powerhouse company. The significance of this transaction is the fusion of substantial, diverse and complimentary networks and capabilities, plus the combined track record and highest ethical character of the management team. We anticipate constant project and deal flow that will propel the new WorldSource to the next level."
"The acquisition of Tubert International by WorldSource is a key component of our plan for WorldSource," said Doug Calaway, president of KMA Capital. "It is of considerable benefit to KMA Capital since we can now offer world-class product design, manufacturing, and distribution services to our clients."
"We are extremely excited about this transaction," added Bob Harrick, president of WorldSource, "and we would like to thank KMA Capital for its assistance in putting together this acquisition for us in such a rapid manner. They were the key to us getting this deal done."
WorldSource is a developer and distributor of products for the consumer marketplace. It has established an experienced management team with considerable expertise in the development, manufacturing, marketing and distribution of consumer products. WorldSource is structured to quickly and efficiently bring unique, beneficial products to consumers worldwide by utilizing a well-connected marketing network and extensive distribution channels. Management is actively seeking opportunities to develop product lines and distribute products.
Tubert International is a U.S. company dedicated to overseas manufacturing and supply of components and finished goods to its clients' design and specification. It offers a robust and diverse manufacturing resource and supply chain to its clients. It brings globally competitive and sustainable pricing together with the quality, dependability, accountability and dedication to detail and communication that comes by dealing with an American supplier -- without the pitfalls typically associated with overseas production and supply. The Company is headquartered in Los Angeles, with production offices in Hong Kong, import/export/manufacturing facilities in Ningbo, Wuhan, Hangzhou and Shanghai, China. For more information, please visit
http://www.tubertinternational.com.
KMA Capital Partners, Inc. is a merchant banking firm that engages in investment banking, financial consulting, negotiations of mergers and acquisitions, portfolio management, turnaround services, "business development" company services and commercial ventures focusing on mid-cap private and public companies. Utilizing its Capital Protection Program, KMA Capital has created a win-win environment for companies and investors. KMA Capital, headquartered in Orlando, Florida, has nine field offices throughout the United States with expansion underway in the Northeast, West and Southwest areas of the US. For more information, please visit
http://www.kmacapital.com.
Contact:
WorldSource
(877) 777-WDSC
info@worldsourceinc.net
WorldSource Investor Relations
InvestSource
(949) 200-7669
info@investsourceinc.com
Tubert International
(310) 410-7200
info@tubertinternational.com
KMA Capital Partners, Inc.
Jack Craig, Investor Relations
407-370-4300
info@kmacapital.com
Note: Certain statements in this news release may contain "forward looking" information within the meaning of rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements.
SOURCE WorldSource, Inc.
January 8, 2007 - 8:30 AM EST
WorldSource Ships Ice Free, Its Anti-Icing Product Developed Using NASA Based Technology, to Large Canadian Distributor for Initial Rollout in Canada
PALM DESERT, Calif., Jan. 8 /PRNewswire-FirstCall/ -- WorldSource, Inc. (Pink Sheets: WDSC) today announced that it has sent its first shipment of Ice Free to a Canadian distributor for the initial rollout of Ice Free in Canada. Ice Free is an anti-icing spray for automobile windshields, was developed with NASA-based technology, is biodegradable, and is the simple answer for keeping windshields free of ice.
The Canadian distributor contracted by WorldSource is a leading wholesaler and distributor of consumer products, who routinely provides products to a wide range of retailers. From this initial shipment, Ice Free will be available in over 100 retail locations, including auto supply, gas stations, general merchandise, grocery, truck stops, and warehouse stores. Based on the initial acceptance of Ice Free by the Canadian consumer, the distributor does have the ability to push the product out in mass distribution.
'Ice Free is a great product that makes a positive impact for people who are faced with harsh weather conditions,' said Brian Jue, CEO of WorldSource. 'Ice Free is true to its name, prior to inclement weather it is an ice preventive, spray on and ice will not bond to your windows. If a storm hits before Ice Free is applied, it will work well as a de-icing agent. Ice Free also keeps our environment free of harmful pollutants and chemicals, thanks to the NASA based technology used to develop Ice Free.'
The technology that led to the creation of Ice Free is based on an anti-icing fluid developed by a three-engineer team at NASA Ames. The team designed a non-toxic fluid to keep ice from building up on airplanes. At the time, the anti-icing fluid was hailed for making flying safer, without introducing dangerous chemicals into the environment. In fact, the fluid was biodegradable and so environmentally safe that it was referred to as 'food grade,' because the ingredients used in its creation were approved by the Food and Drug Administration for use in food.
'Ice Free is the best resource out there for consumers faced with winter weather elements, and our northern neighbors in Canada represent an ideal target market for Ice Free,' added Bob Harrick, president of WorldSource, 'We are confident about the product's potential for success in the region.'
Ice Free is a safe, easy to use spray treatment that prevents ice, snow, and other winter cold effects from bonding on a glass surface. Applied to a vehicle's windshield and windows prior to inclement weather, the patented formulation protects even at -20-degrees F. Ice Free makes it easy for a commuter to get started on a good note despite the worst of conditions. For front windshields treated with Ice Free, a swipe of the windshield wiper is all it takes to clear the window. For side windows, only a stroke of a squeegee is needed. This eliminates both waiting for defrosters to help thaw the ice and awkward scraping.
WorldSource, Inc. CEO Brian Jue Featured in Exclusive Interview With WallSt.net
PALM DESERT, Calif., March 23 /PRNewswire-FirstCall/ -- WorldSource, Inc. (OTC: WDSC) CEO Brian Jue updated the investment community in an exclusive interview with WallSt.net ( www.wallst.net ). Topics covered in the interview include an overview of the Company and the markets it serves, recent developments, upcoming strategic and financial milestones, and WorldSource's current and planned business in China.
To hear the interview in its entirety, visit www.wallst.net and click on 'Interviews.' The interview can be accessed either by locating the company's ticker symbol under the appropriate exchange on the left-hand column of the 'Interviews' section of the site, or by entering the company's ticker symbol in the Search Archive window.
WorldSource is a developer and distributor of products for the consumer marketplace. Globally integrated, it has an experienced management team with considerable expertise in the development, manufacturing, marketing and distribution of consumer products. WorldSource is structured to quickly and efficiently bring unique, beneficial products to consumers worldwide by utilizing a well-connected marketing network and extensive distribution channels. WorldSource has offices in Palm Desert and Los Angeles, California, subsidiary production offices in Hong Kong, and import/export/manufacturing facilities in Ningbo, Wuhan, Hangzhou and Shanghai, China. WorldSource is actively seeking acquisition opportunities.
WorldSource, Inc. Product Ice Free Featured in NASA Tech Briefs Magazine
PALM DESERT, Calif., March 26 /PRNewswire-FirstCall/ -- WorldSource, Inc. (Pink Sheets: WDSC) today announced that its product Ice Free has been featured in the March edition of NASA Tech Briefs Magazine. The article is entitled 'NASA Spinoff Keeps Drivers 'Ice Free.' Ice Free is an anti-icing spray for automobile windshields, was developed with NASA-based technology, is biodegradable, and is the simple answer for keeping windshields free of ice.
'Ice Free is a great product, and it is exciting for us to see it featured in NASA Tech Briefs,' said Brian Jue, CEO of WorldSource. 'Ice Free works both to prevent ice from bonding to windows by applying before a storm hits, and if the weather strikes prior to application Ice Free works as a de-icing agent as well, and keeps our environment clean in the process.'
The technology that led to the creation of Ice Free is based on an anti-icing fluid developed by a three-engineer team at NASA Ames. The team designed a non-toxic fluid to keep ice from building up on airplanes. At the time, the anti-icing fluid was hailed for making flying safer, without introducing dangerous chemicals into the environment. In fact, the fluid was biodegradable and so environmentally safe that it was referred to as 'food grade,' because the ingredients used in its creation were approved by the Food and Drug Administration for use in food.
Ice Free is a safe, easy to use spray treatment that prevents ice, snow, and other winter cold effects from bonding on a glass surface. Applied to a vehicle's windshield and windows prior to inclement weather, the patented formulation protects even at -20 degrees F. Ice Free makes it easy for a commuter to get started on a good note despite the worst of conditions. For front windshields treated with Ice Free, a swipe of the windshield wiper is all it takes to clear the window. For side windows, only a stroke of a squeegee is needed. This eliminates both waiting for defrosters to help thaw the ice and awkward scraping.
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