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RSHN RushNet Inc (PK)

0.0001
0.00 (0.00%)
07 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RushNet Inc (PK) USOTC:RSHN 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% 0.0001 0.0001 0.0002 0.0002 0.0001 0.0001 39,075,297 20:56:56

RushNet, Inc. Nets Great Opportunities At Expo Japan

28/09/2006 4:50pm

Business Wire


RushNet (PK) (USOTC:RSHN)
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RushNet, Inc. (Pink Sheets:RSHN) exhibited at Expo Japan last weekend with the solid results that were anticipated. Held at Tokyo’s Big Sight Convention Center, Japan’s premier trade show facility, the 12,000 attendees at Expo Japan were Buyers and key personnel from Supermarkets, Convenience Stores, and Wholesale Distributors from throughout the Pacific Rim. For those seeking the future of beverages, e-water™ was the talk of the show. RushNet made strong contact with numerous major Wholesalers, and Grocery and Convenience Store Chains who directly sought out its products from the advance promotion done by Gen 2 Marketing, RushNet’s ally in the Japanese market. By far, the buzz of the show was RushNet’s e-water™. Show attendees were much impressed with the concept of e-water™ and many were especially taken with its design. Some commented that it looked better than FIJI™ water. The Japanese beverage market, even more than in the U.S., is shifting into a rapidly expanding water category. The abundant nourishment of active ionic electrolytes in e-water™ easily made it the Expo’s top item among all the beverages available. The timing for e-water™ in Asia could not be better. Dr. Henry Meissner from Australia, who was hired to represent a major Japanese Wholesaler, directly queried Robert Corr, President of RushNet, on the details of e-water™. He was then quoted as saying, “e-water™ is the hottest product at this show and I will be recommending it to my Principal for purchase.” The large Retailers like Watson’s, a Hong Kong-based Chain with over 1,000 stores in China, Hong Kong, Singapore and Malaysia, also showed a great deal of interest in RushNet’s Ginseng Rush and new Ginseng Rush XXX Energy Drink in cans. Senior buyers from Watson’s and Japanese Chains are eager to bring these to market, once the governmental approval process is complete. RushNet, Inc. has already commenced its process for securing e-water’s approval in Japan and is presently working with Sogo Clinical Pharmacology Ltd., based in Tokyo, to assist in the approval process. While RushNet concedes that the process is arduous and time consuming, Sogo’s guidance will enable e-water™ to move more quickly to an approved status. Robert Corr said: “I mentioned in an earlier press release about the market potential for RushNet in Japan, but those expectations are now dwarfed by the feed back I have received and the genuine enthusiasm I witnessed by attending this show. The bonanza of marketing opportunities for e-water™, our new Ginseng Energy Drink and American Ginseng based soft drinks are far more than I had imagined. With over 10,000 retailers just in Tokyo, and vending machines on every corner, I am even more confident that we will be able to develop a significant amount of business in Japan alone. I sat with Importers, Wholesalers and Retailers in Tokyo and we worked through the margins everyone wants to make on top of our selling price plus shipping costs, and RushNet will be making a significant return on its investment for all e-water™ product sold there, based on those conversations. With Japan being the gateway and cornerstone of the Asian market, approval of our products will surely launch RushNet into a whole new magnitude, both for us and our investors.” RushNet is presently responding to all show inquiries. The marketing feedback from the show is refining the promotional support programs for e-water™ to optimize market placements once the approval process is completed. Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements. RushNet, Inc. (Pink Sheets:RSHN) exhibited at Expo Japan last weekend with the solid results that were anticipated. Held at Tokyo's Big Sight Convention Center, Japan's premier trade show facility, the 12,000 attendees at Expo Japan were Buyers and key personnel from Supermarkets, Convenience Stores, and Wholesale Distributors from throughout the Pacific Rim. For those seeking the future of beverages, e-water(TM) was the talk of the show. RushNet made strong contact with numerous major Wholesalers, and Grocery and Convenience Store Chains who directly sought out its products from the advance promotion done by Gen 2 Marketing, RushNet's ally in the Japanese market. By far, the buzz of the show was RushNet's e-water(TM). Show attendees were much impressed with the concept of e-water(TM) and many were especially taken with its design. Some commented that it looked better than FIJI(TM) water. The Japanese beverage market, even more than in the U.S., is shifting into a rapidly expanding water category. The abundant nourishment of active ionic electrolytes in e-water(TM) easily made it the Expo's top item among all the beverages available. The timing for e-water(TM) in Asia could not be better. Dr. Henry Meissner from Australia, who was hired to represent a major Japanese Wholesaler, directly queried Robert Corr, President of RushNet, on the details of e-water(TM). He was then quoted as saying, "e-water(TM) is the hottest product at this show and I will be recommending it to my Principal for purchase." The large Retailers like Watson's, a Hong Kong-based Chain with over 1,000 stores in China, Hong Kong, Singapore and Malaysia, also showed a great deal of interest in RushNet's Ginseng Rush and new Ginseng Rush XXX Energy Drink in cans. Senior buyers from Watson's and Japanese Chains are eager to bring these to market, once the governmental approval process is complete. RushNet, Inc. has already commenced its process for securing e-water's approval in Japan and is presently working with Sogo Clinical Pharmacology Ltd., based in Tokyo, to assist in the approval process. While RushNet concedes that the process is arduous and time consuming, Sogo's guidance will enable e-water(TM) to move more quickly to an approved status. Robert Corr said: "I mentioned in an earlier press release about the market potential for RushNet in Japan, but those expectations are now dwarfed by the feed back I have received and the genuine enthusiasm I witnessed by attending this show. The bonanza of marketing opportunities for e-water(TM), our new Ginseng Energy Drink and American Ginseng based soft drinks are far more than I had imagined. With over 10,000 retailers just in Tokyo, and vending machines on every corner, I am even more confident that we will be able to develop a significant amount of business in Japan alone. I sat with Importers, Wholesalers and Retailers in Tokyo and we worked through the margins everyone wants to make on top of our selling price plus shipping costs, and RushNet will be making a significant return on its investment for all e-water(TM) product sold there, based on those conversations. With Japan being the gateway and cornerstone of the Asian market, approval of our products will surely launch RushNet into a whole new magnitude, both for us and our investors." RushNet is presently responding to all show inquiries. The marketing feedback from the show is refining the promotional support programs for e-water(TM) to optimize market placements once the approval process is completed. Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.

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