Winning Brands Reports Strong Growth in New York Listings Five Star Group Takes Winning Colours Multi-Cleaner From 19 Stores to 150 Stores in the Region by 3nd Qtr 2007 October 1, 2007 - 8:45 AM EDT
Winning Brands Corporation (PINKSHEETS: WNBD) (www.WinningBrands.ca) reports that the New York launch of Winning Colours® Multi-Cleaner in Q2 2007 has seen the new environmental stain remover brand grow from an initial 19 participating stores there in April to 150 stores in the greater NY region by September 30th, the end of Q3.
The strong listings growth reflects the activation of Five Star Group distributors for field visits and sales calls to the stores. http://www.fivestargroup.com/index.htm By achieving the targeted growth in NY Winning Colours® store listings, Winning Brands remains on track for achieving the previously announced goal of a 5,000-store USA Winning Colours® retailing group by the end of 2008 within the 40,000 store paint & decorating sector. On average, each independent retailer (such as the majority of NY stores) represents $1,000 per year in minimum targeted annual resale revenue per fiscal year at the wholesale level to qualify as a participating retailer. Winning Brands management is targeting $5 Million annually for Winning Colours® Multi-Cleaner from this sector by the end of 2008. Winning Brands' other targeted sectors for Winning Colours® Multi-Cleaner and Winning Brands' other products are not included in this sales objective. No assurances can be made that Winning Brands will achieve its goal, meet its revenue targets or realize significant profitability as a result of meeting its targets.
Winning Brands Corporation manufactures Winning Colours® Multi-Cleaner as an environmentally preferable paint clean-up solution and multi-purpose stain remover. It has gained a consumer following for its kindness to skin and versatility across a range of uses normally considered incompatible for a single solution. Winning Brands' full product range includes a variety of environmentally responsible alternative cleaning solutions, including its non-toxic SMART(TM) Wet Cleaning Solutions alternative to Perchloroethylene used in Dry Cleaning. Winning Brands' mission is to replace hazardous chemicals in widespread use with safer alternatives. Although Winning Brands' initial focus is on the environmental cleaning product category, the firm has intellectual property for growth into other environmental categories in the future.
Certain statements in this news release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Winning Brands Corporation (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; and (iii) competitive factors and developments beyond the Company's control. Winning Colors is a Registered Trademark of Niagara Mist Marketing Ltd and used under licence. SMART is a trademark of Solvent Free Solutions Inc.
Information: Winning Brands Corporation Office Direct (705) 737-4062
11 Victoria Street Suite 220A Barrie, Ontario, Canada L4N 6T3
News@WinningBrands.ca
Source: Marketwire (October 1, 2007 - 8:45 AM EDT)
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