WYDY.. NEWS and here comes the 50ma break
2005-09-09 10:00:19
Who's Your Daddy Announces Sales of its 'King of Energy' Drink to National Chains
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SAN DIEGO, Sept. 9, 2005 (PRIMEZONE) -- Who's Your Daddy, Inc. (OTCBB:WYDY)
announced that the Company has received purchase orders from two national chain
convenience stores for its new-to-market 'King of Energy' drink. This news
follows a press release issued last week which announced that the Company sold
out of its initial production of the beverage in just five days to a San Diego
distributor.
The first national chain purchase order was for 6,500 cases of the energy drink,
which will be distributed throughout 300 stores located in North and South
Carolina. This is only the first of a three-tiered distribution plan which
includes branching out to 500 stores and finally to an all-store buy for 3,700
locations nationwide.
Who's Your Daddy, Inc. has also received a purchase order for 6,000 cases of its
energy drink, which will be distributed through a second chain of national
convenience stores in Michigan. Initially, 320 locations in the Detroit area
will receive the beverage, with an anticipated expansion to the chain's 16,000
stores. Edon Moyal, CEO of Who's Your Daddy, stated, "Who's Your Daddy will be
going on a cross-country tour over the next six months promoting the Who's Your
Daddy 'King of Energy' drink. During the tour, Who's Your Daddy, Inc. will be
visiting nationwide distributors, introducing them to the new line of Who's Your
Daddy-branded products."
Mr. Moyal continued, "As a company, we intend to focus on licensing the Who's
Your Daddy name as aggressively as possible, though the energy drink is an
exception to this strategy. The 'King of Energy' beverage is an in-house
production and we intend to market it on a national basis as one of the best
energy drinks available, which we believe it is."
"We have a great team, a fantastic product, tremendous marketing, and ownership
of what is arguably the most repeated catchphrase in today's popular culture.
Based on the initial response to the drink, we believe that the 'King of Energy'
revenues will eclipse anything that we have projected to date. We are currently
way ahead of our projected revenues and way ahead of schedule. We are now on the
move and are excited about the future of Who's Your Daddy, Inc."
About Who's Your Daddy, Inc.
Who's Your Daddy, Inc. is a publicly traded licensing company that designs and
licenses a variety of products centered around the trademark-protected brand,
'Who's Your Daddy.' Who's Your Daddy, Inc. holds licensing rights to the name
Who's Your Daddy for more than 300 products in the U.S., Europe, Canada,
Australia and Japan. The 'Who's Your Daddy' range of product offerings are
designed to appeal to young men, women and sports fans who strive for "style
with authority." Who's Your Daddy, Inc. is traded under the WYDY stock ticker.
