Brand Marvel Worldwide Consumer Products Corporation Update
2013年6月24日 - 9:44PM
Access Wire
Brand
Marvel Worldwide Consumer Products Corporation (the "Company")
(TSXV symbol: BMW) is pleased to provide updates of the Company on
the following areas:
1. New Distribution
Contract
The
Company, through its wholly owned subsidiary, Beijing Marvel
Cleansing Supplies Co. Ltd. ("BMC"), signed a product distribution
contract for RMB20,000,000 (approximately C$3.33 million) with one
of the largest state-owned distributors in Beijing for distribution
of around 45 retail items, including different types of wet wipes
and liquid laundry detergents under the "Snowtree" and "Dreamboat"
brand names, within the area of Beijing.
"This
distribution contract will spread out our products throughout
Beijing and at the same time will substantially increase our sales
revenue", said Liao Yongliang, President of
the Company. "This contract is an endorsement to our first wave of
introduction of our new products to the distributors and large
retail chains as mentioned in our last press release dated May 21,
2013. We are confident that our sales revenue will further increase
when our other new products are introduced to the market later this
year."
2. Additional New Products for the Chinese
Retail Market
After the
first wave of launching of our new wet wipes and liquid laundry
detergents under the brand name "Snowtree" and "Dreamboat", BMC
will start to launch the second wave of new products, which are
different types of bio-degradable liquid cleansing products under
the brand name of "Dreamboat", this July to the distributors and
large retail chains. These products are made from the concentrates
imported from Canada and are environment friendly with high safety
standards.
Upon
completion of second wave of launching our new bio-degradable
liquid cleansing products, we will initiate the third wave of
launching our new plant-based natural cleansing
products.
3. New
Virtual Stores
The
Company recently signed a contract to open up a virtual store at
the Tmall.com, which is a Chinese-language
website for business-to-consumer ("B2C") online retail operated in
China by Alibaba Group. It is a platform for local Chinese and
international businesses to sell quality, brand name goods to
consumers in mainland China, Hong Kong, Macau and Taiwan. The
Chinese pronunciation of Tmall, Tian Mao, literally means "sky
cat".
Tmall.com currently
features more than 70,000 international and Chinese brands from
more than 50,000 merchants and serves more than 180 million buyers.
Tmall.com ranked number one among all Chinese B2C retail websites
for 2010 in terms of transaction volume, with a gross merchandise
volume of RMB30 billion and accounts for a 47.6% share of the B2C
online retail market in China.
The
virtual store (http://yifanjjry.tmall.com) at
Tmall.com is now under construction and will
open for business on July 1, 2013.
The Company also
opened up a virtual store (http://usmarvel.cn.alibaba.com/) at the
Alibaba.com, which is a Chinese-language
website for business-to-business ("B2B") online wholesale operated
in China by Alibaba Group. This virtual store is now in
operation.
"Our
products are now exposed, marketed and sold to business and retail
consumers on a daily basis through our virtual stores", said Liao
Yongliang, President of the Company. "Both brand awareness and
sales revenue of our products will substantially increase through
widening of the retail market coverage in China, the appearance of
our products at virtual stores and diversification in the number
and types of our products to meet various types of demands from the
market."
An
exchange rate of one Canadian dollar to 6.0024 RMB is used for the
currency conversion.
About Brand Marvel
Worldwide Consumer Products Corporation ("BMW")
Brand
Marvel Worldwide Consumer Products Corporation ("BMW") is a public
company listed on the Toronto Venture Exchange under the trading
symbol "BMW". Through its operating arm and
wholly owned subsidiary, Beijing Marvel
Cleansing Supplies Co. Ltd. ("BMC"), the Company manufactures and distributes wet
wipe products, liquid disinfectant products, liquid cleansing
products and liquid laundry products in the People's Republic of China ("China").
BMC
currently produces and distributes five main types of non-woven wet
wipe products, including general, baby, man, woman and hygienic,
for both domestic and international markets under the brand names
"Snowtree", "Dreamboat" or OEM orders. BMC also produces and
distributes in China liquid disinfectants, liquid cleansing
products and liquid laundry products under its own brand names or
OEM orders. BMC is a leading name in China with a national wide
distribution network on its fast moving consumer
products.
On behalf of the Board
of Directors
"Liao
Yongliang"
Liao Yongliang,
President and
Director
Cautionary Statements
Statements in this press
release other than purely historical information, including
statements relating to the Company's future plans and objectives or
expected results, constitute forward- looking statements.
Forward-looking statements are based on numerous assumptions and
are subject to all of the risks and uncertainties inherent in the
Company's business. As a result, actual results may vary materially
from those described in the forward-looking statement. Undue
reliance should not be placed on forward looking statements or
information. We do not expect to update forward-looking statements
or information continually as conditions change, except as may be
required by law.
Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
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