Capstone Companies Awarded Orders for Distribution Into Japan
July 21 2014 - 9:45AM
- National warehouse club orders expand shelf presence
into Japanese market; Shipments expected to commence in August
2014
- Capstone products now available in four international
markets
DEERFIELD BEACH, Fla., July 21, 2014 (GLOBE NEWSWIRE)
-- Capstone Companies, Inc. (OTCQB:CAPC), a leader in the
design and manufacture of specialty power failure lighting
solutions and innovator of consumer safety and security products
for the Hospitality, Retail and Institutional channels, announced
today that it has received orders for distribution to the Japanese
locations of a major national warehouse club.
Stewart Wallach, Chief Executive Officer of Capstone, stated,
"The growing strength of the Capstone brand and strong demand from
end users has led to a high level of confidence from our existing
national warehouse club customer. The relationships that have been
cultivated through our domestic sales and distribution initiatives
are creating new opportunities for us in international markets, and
I am excited to test the appetite for our products in the Japanese
market along with the recently announced Australian market. We
will continue to pursue strategic expansion into additional
international markets that we identify as providing the greatest
opportunities."
With this order Capstone is now doing business in four
international markets – Mexico, Taiwan, Australia and
Japan. Shipments are expected to commence in August 2014 with
Capstone's products available for purchase by consumers in the
third quarter of 2014.
More information on Capstone Companies, Inc. can be found at
www.capstonecompaniesinc.com and additional product details are
available at www.capstoneindustries.com.
About Capstone Companies, Inc.
Capstone Companies, Inc. is a public holding company that
engages, through its wholly-owned subsidiaries, Capstone
Industries, Inc., Capstone Lighting Technologies, LLC, and Capstone
International HK, Ltd., in the development, manufacturing,
logistics, and distribution of consumer and institutional products
to accounts throughout North America and in international
markets. See www.capstonecompaniesinc.com for more information
about the Company and www.capstoneindustries.com for information on
our current product offerings.
FORWARD-LOOKING STATEMENTS:
This news release contains "forward-looking statements" as that
term is defined in the Private Securities Litigation Reform Act of
1995, as amended. Such statements consist of words like
"anticipate," "expect," "project," "continue" and similar
words. These statements are based on the Company's and its
subsidiaries' current expectations and involve risks and
uncertainties, which may cause results to differ materially from
those set forth in the forward-looking statements. Factors
that may cause actual results to differ materially from those
contemplated by such forward-looking statements, include consumer
acceptance of the Company's products, its ability to deliver new
products, the success of its strategy to broaden market channels
and the relationships it has with retailers and
distributors. Prior success in operations does not necessarily
mean success in future operations. The ability of the Company
to adequately and affordably fund operations and any growth will be
critical to achieving and sustaining any expansion of markets and
revenue. The introduction of new products or the expanded
availability of products does not mean that the Company will enjoy
better financial or business performance. The risks associated with
any investment in Capstone Companies, Inc., which is a small
business concern and a "penny-stock Company" and, as such, a highly
risky investment suitable for only those who can afford to lose
such investment, should be evaluated together with the risks and
uncertainties more fully described in the Company's Annual and
Quarterly Reports filed with the Securities and Exchange
Commission. Capstone Companies, Inc. undertakes no obligation
to publicly update or revise any forward-looking statement, whether
as a result of new information, future events, or
otherwise. Contents of referenced URL's are not incorporated
into this press release.
CONTACT: For more information contact
Company:
Aimee Gaudet
Corporate Secretary
(954) 252-3440, ext 313
Investor Relations:
Garett Gough, Kei Advisors LLC
(716) 846-1352
ggough@keiadvisors.com
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