EQ Labs Inc (EQLB)

[GoTeamTool]

I know marketwire has no PR issued since December 16th, 2009

But, I have found a few articles, which seem like news releases about EQLB. (Sorry if anyone else has posted these). Has anyone else seen this article dated Feb 18, 2010? Just trying to figure out why something like this wouldn't be on marketwire and instead is just sort of out there on random sites:

http://www.drinks-business-review.com/news/eq_labs_partners_with_tablet_manufacturer_to_cut_costs_100218

EQ Labs, a manufacturer and distributor of the Smart Energy Drink effervescent tablets, has partnered with a private label tablet manufacturer who claims to have the capacity to produce one million EQ drink tablets a day.

This relationship, according to the company, will lead to cut-down in labor and transportation expenses, and quicker turnaround times for reorders placed by its distributors and brokers.

EQ Labs Smart Energy Drink is an effervescent tablet that the company claims will offer instant energy to any beverage. The tablet consists of a blend of vitamins, Gingko Biloba, and less caffeine than a cup of coffee.

Maurice Owens, CEO of EQ Labs, said: "The company has recently taken measures to enhance our operating efficiencies in order to meet the growing demand for our products, which now come in recyclable plastic tubes and individual biodegradable packets.

"By entering into this new manufacturing partnership, we'll be reducing the number of steps required in the manufacturing and distribution processes and should be able to increase our gross profit margin by 25%. All of us believe this new operating model will enable us to step up our game and realize our goal of acquiring a competitive share of the energy drink market."