THIS JUST IN from Marketwire:
Jul 30, 2007 10:58 ET
Three Sixty, Inc. (TSXT) Confirms Delivery to TARGET
ATHENS, GA--(Marketwire - July 30, 2007) - Three Sixty, Inc. (PINKSHEETS: TSXT), an acquisition company, announced that Rockford-Montgomery Labs, Inc. (a wholly owned subsidiary of TSXT), a FDA Registered Drug Company and brand management company focused on the marketing, sales and production of the 360 OTC™ brand, is on schedule to ship and deliver its approved FDA over-the-counter (OTC) approved 360 OTC™ Hangover Relief and 360 OTC™ Hangover Relief Lite to TARGET stores. Both 360 OTC™ Hangover products are to be delivered to TARGET stores distribution centers nationally on August 6th and should reach TARGET retail stores by the end of this month.
The 360 OTC™ Hangover Relief and 360 OTC™ Hangover Lite products have been in high demand since the February 17, 2007 launch of the 360 OTC™ brand. Three Sixty, Inc. has recently acquired Rockford-Montgomery Labs, Inc., which included their acquisition of the PHARB Hangover formula from Pharbco Marketing Group, Inc. The all new 360 OTC™ Powered by PHARB is the only FDA approved OTC Hangover Relief.
"This is a monumental week for Three Sixty, Inc. and Rockford-Montgomery Labs, Inc. The mass retailers, consumers, suppliers, shareholders and our marketing partners have been very patient awaiting the arrival of the crown jewel of our company. The proprietary 360 OTC™ Hangover Relief products will put our company on the map within our industry and allow us to become number one in this brand category at the mass retail and convenience store levels. TARGET, CVS, Walgreens and Meijers have allowed us a tremendous amount of grace throughout our delays to get our hangover products through the validation and stability testing required by the FDA. Although the product has been on the market since 1997 under PHARB, we had to meet the new testing requirements recently set by the FDA. We are extremely proud that this day has finally arrived. This will allow us the ability to quickly gain entry on a national level in time for the all important 'back to school' and holiday seasons," said Michelle Shearer, CEO of Three Sixty, Inc. and Rockford-Montgomery Labs, Inc.
The 360 OTC™ Hangover Relief and Hangover Lite product launch will be announced on August 15th, 2007 and will include a national television, print, radio, sampling, motorsports, and interactive media campaign directed towards young adults.
Three Sixty, Inc. invites and welcomes you to visit their new 360 OTC™ Blog which is hosted by Michelle Shearer, CEO of Three Sixty, Inc. located on the web at www.tsxtstock.com.
Visit our website at www.360otc.com.
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Three Sixty, Inc.
Investor Relations
Tel: 1-706-354-3725
Fax: 1-800-927-1593
CEO Blog: www.tsxtstock.com
Website www.360OTC.com
