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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Infusion Brands International Inc (CE) | USOTC:INBI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.000001 | 0.00 | 01:00:00 |
Verimark currently offers a diverse line of products in leading consumer categories, all of which are marketed in collaboration with the Verimark brand, one of the most recognized and trusted brands in Southern Africa.
The agreement marks the official rollout of the DualSaw products direct to consumers on the African Continent for the first time ever. Verimark will offer the DualSaw through direct response television media. As the fourth largest buyer of television airtime in South Africa, it is well positioned to create brand awareness for DualSaw to create sales velocity for more than 2,000 partner retail outlets, as well as its 75 company owned "As Seen On TV" franchise stores dispersed throughout territories including South Africa, Botswana, Namibia, Zambia, Zimbabwe, Mozambique, Reunion, Uganda, Nigeria, Ghana, Malawi, Angola and Mauritius.
"We are thrilled for the opportunity to work with such a well-respected company to bring our products direct to consumer on the African continent," said Bob DeCecco, CEO and Director of Infusion Brands. "As DRTV pioneers with more than 20 years experience, and the market leader in Southern Africa, we are proud that Verimark selected the DualSaw. It's a perfect fit in their genuine pursuit to offer only the 'best quality innovations.'"
Infusion Brands, a consumer products company that leverages direct response to satisfy unmet market demands and solve everyday problems, has recently announced a string of similar distribution agreements with partners around the world. These agreements will bring the DualSaw product line to market in Japan, Australia, New Zealand, Sweden, Poland, Belgium and Norway.
"The Dual Saw is truly an amazing, top-quality product with great USP and we're excited at the potential this product brings to our business," said Neil du Plessis, Product R&D Manager of Verimark. "We look forward to a successful launch in the next few months."
"The DualSaw has huge potential in this emerging market and we're confident that this new distribution partnership will lead to future opportunities within Verimark for new products as well," added DeCecco.
About Infusion Brands International, Inc. Infusion Brands International, Inc. (OTCQB: INBI) is a consumer products company that leverages direct response channels to satisfy unmet market demands and solve everyday problems, with an array of innovative consumer products that have potential to disrupt their categories with significant competitive advantages, features and benefits. With physical offices in North America, Europe and Asia, Infusion Brands has worldwide reach and capability. For more information, visit www.infusionbrands.com.
About Verimark (Pty) Ltd. Verimark currently offers a diverse line of products in leading consumer categories, all of which are marketed in collaboration with the Verimark brand, one of the most recognized and trusted brands in Southern Africa.
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Contact: Mary Mather Chief Financial Officer Email Contact Lindsey Carnett Media Contact Email Contact 310-994-7380
1 Year Infusion Brands (CE) Chart |
1 Month Infusion Brands (CE) Chart |
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