Wellstone Filters (NASDAQ:WLSF)
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Wellstone to Target South American Markets
DURHAM, N.C., Nov. 10 /PRNewswire-FirstCall/ -- Wellstone Filters (OTC:WLSF)
(BULLETIN BOARD: WLSF) announced that as a result of the issuance of South
American patents on its proprietary filter formulation, it is preparing to
market Wellstone cigarettes in South America, with emphasis on the large
markets in Brazil and Argentina. Argentina has about 12 million adult smokers,
or about 40% of the adult population, and Brazil 31 million adult smokers, or
31% of adults, according to the World Bank. Substantially all the market share
in South America is held by two large multinational tobacco companies.
Wellstone's strategy in South America is to exploit niche markets by employing
its patented filter not only for discount lines but also for a premium brand.
The entry into the South America market is part of Wellstone's goal to be the
largest of the independent manufacturers.
(Photo: http://www.newscom.com/cgi-bin/prnh/20041110/NYW077 )
Wellstone believes that its patented filter formulation removes tars and
certain carcinogens, while providing better taste. However, any claim as to the
benefit of any Wellstone cigarette to be sold will be made within the
parameters prescribed by the Federal Trade Commission. Wellstone emphasizes
that NO cigarette is safe. This corporate communication by Wellstone is not
intended to induce any person to purchase future Wellstone tobacco products.
ABOUT THE COMPANY
Wellstone Filters, Inc. has developed and patented filter material that removes
certain carcinogens and other toxins produced when tobacco is smoked -- without
removing the compounds responsible for the pleasurable effects of smoking.
Wellstone seeks to promote material for cigarette filters that will enable
major cigarette manufacturers to provide consumers with an equally enjoyable
cigarette with substantially fewer carcinogens.
For more information, please see http://www.wellstonefilters.com/ or call
Investor relations at 303-620-9194.
In addition, all current shareholders, and interested parties should sign into
our private Corporate Guest Book, http://www.corporateguestbook.com/?WLSF to
receive timely updates and information on any future developments as they
happen.
Note: Except for the historical information contained herein, this new release
contains forward-looking statements that involve substantial risks and
uncertainties. Among the factors that could cause actual results or timelines
to differ materially are risks associated with research and clinical
development, regulatory approvals, supply capabilities and reliance on third-
party manufacturers, product commercialization, competition, litigation, and
the other risk factors listed from time to time in reports filed by Wellstone
with the Securities and Exchange Commission, including but not limited to risks
described under the caption "Important Factors That May Affect Our Business,
Our Results of Operation and Our Stock Price." The forward-looking statements
contained in this news release represent judgments of the management of
Wellstone as of the date of this release. Wellstone and its managers and agents
undertake no obligation to publicly update any forward- looking statements.
http://www.newscom.com/cgi-bin/prnh/20041110/NYW077
DATASOURCE: Wellstone Filters
CONTACT: Investor relations of Wellstone Filters, Inc., +1-303-620-9194
Web site: http://www.lowertar.com/