JBI, Inc.'s JAVACO Division Increases Sales 52%
NIAGARA FALLS, Ontario, April 26, 2010 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCBB: JBII) would like to announce that its JAVACO division achieved a 52% increase in sales for the first quarter of 2010 compared to the first quarter of 2009. JAVACO was able to achieve higher sales partly due to an extended line of credit provided by JBI, Inc., allowing JAVACO to accept larger orders.
About JBI, Inc.
JBI, Inc. is a technology company focused on injecting intelligence into existing products and processes, making them efficient and profitable. JBI seeks to innovate new solutions to issues facing today's world, including environmental concerns. JBI currently has four business lines including JBI's tape data recovery, JAVACO, PAK-IT LLC and our new Plastic2Oil business. Information on our company and all of our products and services can be found at www.jbiglobal.com.