ETNL .0046 moving on news:
Eternal Image Declares a Sales Increase of 32% for 2009
Company Also Posts First Ever Gross Profit
FARMINGTON HILLS, Mich., Apr 16, 2010 (GlobeNewswire via COMTEX) -- Eternal Image, Inc. (the "Company") (OTCBB:ETNL), a public company engaged in the design, manufacturing and marketing of officially licensed funerary products such as caskets, urns, monuments and vaults, today announced its 2009 Form 10-K has been filed with the SEC.
The 10-K discloses that the Company had a sales increase of 32% for Fiscal 2009 over Fiscal 2008. Furthermore, the 10-K discloses that the Company posted a Gross Profit of $102,386 -- approximately 31% of its Gross Sales. This marks the first time that the Company has posted a positive Gross Profit figure.
"The 2009 10-K is further evidence that we are moving in the right direction," said Clint Mytych, CEO of Eternal Image, Inc. "And with the announcements earlier this year of our new globally exclusive Vatican Observatory agreement, our new industry partnership, and our forthcoming new division, 2010 is on track to be an even better year of performance and growth for us."
About Eternal Image
Eternal Image, incorporated in 2006, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball(TM), STAR TREK(R), Precious Moments(TM), the Vatican Observatory Foundation(R), and the Collegiate Licensing Company, as well as pet urns featuring the American Kennel Club(TM), and Cat Fanciers'(TM) Association. For more information about EI, visit www.eternalimage.net or call 1-888-6-CASKET.
SOURCE: Eternal Image, Inc.
A man is a success if he gets up in the morning and goes to bed at
night and in between does what he wants to do. ~~~Bob Dylan~~~
AI
