Elysee Development (PK) (USOTC:ASXSF)
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Remedent, Inc. (OTCBB: REMI), an international company specializing in
the research, development, manufacturing of oral care and cosmetic
dentistry products, reported that iWhite, a breakthrough, hi-tech
discovery in teeth whitening incorporating its patent pending tray
delivery system, has recorded seven (7) consecutive months of increased
sales from Costco.com, the online website of Costco Wholesale
Corporation (NASDAQ:COST).
Mr. Robin List, CEO of Remedent noted, “Costco
Wholesale Corporation is the largest membership warehouse club chain in
the world based on sales volume and most items available on its web site
are unique to Costco.com. We are extremely pleased to see the acceptance
that iWhite has received from Costco’s
members. Based on the ramp up of monthly sales we anticipate that
annualized sales of iWhite could soon reach $700,000. We are
hopeful that our partnership expands both domestically and
internationally.”
About iWhite
This cutting edge European whitening sensation is a 3-part system that
whitens, maintains, and protects. iWhite is the only whitening
product that is effortless, twice as fast and twice as effective as the
current bleaching products with a rapid treatment time of 20 minutes per
day for 5 days.
The iWhite Light Activated Teeth Whitening Kit introduces light
technology in a compact and easy to use mouth tray with foam strips. As
a result of the hi-tech delivery system, the whitening reaction of the
impregnated foam strip is accelerated and results in better, faster,
deeper whitening results.
About Remedent, Inc.
Remedent, Inc., a publicly-traded company on the OTCBB,
specializes in the research, development, manufacturing and marketing of
oral care and cosmetic dentistry products. With offices in California,
Belgium and Singapore, Remedent distributes its products in more then 35
countries. For additional information, visit Remedent's web site at www.remedent.com.
FORWARD-LOOKING STATEMENTS
“Safe Harbor”
Statement under the Private Securities Litigation Reform Act of 1995:
The statements by Robin List, the statements regarding growth of the
iWhiteTM product line, optimism related to the
business, expanding sales, the US and international markets and other
statements in this press release are forward-looking statements within
the meaning of the Securities Litigation Reform Act of 1995. Such
statements are based on current expectations, estimates and projections
about the Company’s business. Words such as
expects, anticipates, intends, plans, believes, sees, estimates and
variations of such words and similar expressions are intended to
identify such forward-looking statements. These statements are not
guarantees of future performance and involve certain risks and
uncertainties that are difficult to predict. Actual results could vary
materially from the description contained herein due to many factors
including continued market acceptance of the Company’s
products. In addition, actual results could vary materially based on
changes or slower growth in the oral care and cosmetic dentistry
products market; the potential inability to realize expected benefits
and synergies; domestic and international business and economic
conditions; changes in the dental industry; unexpected difficulties in
penetrating the oral care and cosmetic dentistry products market;
changes in customer demand or ordering patterns; changes in the
competitive environment including pricing pressures or technological
changes; technological advances; shortages of manufacturing capacity;
future production variables impacting excess inventory and other risk
factors listed from time to time in the Company’s
Securities and Exchange Commission filings under “risk
factors” and elsewhere. The forward-looking
statements contained in this press release speak only as of the date on
which they are made, and the Company does not undertake any obligation
to update any forward-looking statement to reflect events or
circumstances after the date of this press release.