ICTV Brands, Inc. Provides Business Update
June 08 2017 - 8:00AM
Marketwired
ICTV Brands, Inc. Provides Business
Update WAYNE, PA-(Marketwired - Jun 8, 2017) - ICTV
Brands, Inc. (OTCQX: ICTV) (CSE: ITV), a digitally focused, direct
response marketing and branding company specializing in the health,
wellness and beauty sector, today provided a business update
highlighting the following recent development
milestones.
- DermaWand has now rolled out chain wide across
Kohl's 1,146 stores in the United States.
- ClearTouch launched on BestBuy.com during the
month of June.
- no!no! hair continues to thrive on live shopping
during the second quarter. A recent airing at QVC in Germany sold
out 7,000 units with an additional airing scheduled in June at QVC
in the UK.
ICTV Brands' President Richard Ransom stated,
"ICTV continues to expand distribution across its portfolio of
products. We are beginning to demonstrate leverage across the
portfolio with outlets who previously only sold one product now
beginning to increase their ICTV Brands exposure with additional
products. We are particularly excited about the brick and mortar
rollout at Kohl's, an opportunity that should deliver increased
revenue, as well as brand recognition. I look forward to sharing
additional business development successes in the near
future." ICTV Brands, Inc.ICTV Brands, Inc. sells primarily health, beauty
and wellness products as well as various consumer products through
a multi-channel distribution strategy. ICTV utilizes a distinctive
marketing strategy and multi-channel distribution model to develop,
market and sell products through, including direct response
television, or DRTV, digital marketing campaigns, live home
shopping, traditional retail and e-commerce market places, and our
international third party distributor network. Its products are
sold in the North America and are available in over 65 countries.
Its products include DermaWand, a skin care device that reduces the
appearance of fine lines and wrinkles, and helps improve skin tone
and texture, DermaVital, a professional quality skin care line that
effects superior hydration, the CoralActives brand of acne
treatment and skin cleansing products, and Derma Brilliance, a
sonic exfoliation skin care system which helps reduce visible signs
of aging, Jidue, a facial massager device which helps alleviate
stress, and Good Planet Super Solution, a multi-use cleaning agent.
On January 23, 2017, we acquired several new brands, through the
PhotoMedex and Ermis Labs acquisitions and have begun (or, will
shortly begin) marketing and selling the following new products;
no!no! ® Hair, a home use hair removal device; no!no!® Skin, a home
use device that uses light and heat to calm inflammation and kill
bacteria in pores to treat acne; no!no! ® Face Trainer, a home use
mask that supports a series of facial exercises; no!no!® Glow, a
home use device that uses light and heat energy to treat skin; Made
Ya Look, a heated eyelash curler; no!no! ® Smooth Skin Care, an
array of skin care products developed to work with the devices to
improve the treated skin; Kyrobak, a home use device for the
treatment of non-specific lower back pain; ClearTouch ®, a home use
device for the safe and efficient treatment of nail fungus; and
Ermis Labs acne treatment cleansing bars. ICTV Brands, Inc. was
founded in 1998 and is headquartered in Wayne, Pennsylvania. For
more information on our current initiatives, please
visit www.ictvbrands.com. Forward-Looking
StatementsThis press release contains "forward-looking
statements" within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended (the "Exchange Act") (which Sections were
adopted as part of the Private Securities Litigation Reform Act of
1995). Statements preceded by, followed by, or that otherwise
include the words "believe," "anticipate," "estimate," "expect,"
"intend," "plan," "project," "prospects," "outlook," and similar
words or expressions, or future or conditional verbs such as
"will," "should," "would," "may," and "could" are generally
forward-looking in nature and not historical facts. Among these
forward-looking statements are statements regarding the closing of
additional amounts under the common stock private placement, the
ability of ICTV Brands to successfully integrate the acquisitions
and become a major player in the worldwide marketplace for health
and beauty products, and any other statements regarding ICTV's
plans or objectives with respect to the acquisitions. Although ICTV
believes that the expectations reflected in such forward-looking
statements are reasonable, these statements involve risks and
uncertainties that may cause actual future activities and results
to be materially different from those suggested or described in
this news release. These include risks that may affect the ability
of ICTV to successfully raise additional amounts under the common
stock financing, and the ability of ICTV to realize the anticipated
benefits from the acquisition. For additional risks and
uncertainties that could impact ICTV's forward-looking statements,
please see ICTV's Annual Report on Form 10-K for the year ended
December 31, 2015, including but not limited to the discussion
under "Risk Factors" therein, which ICTV has filed with the SEC and
similar disclosure, if any, contained in Quarterly Reports filed by
ICTV on Form 10-Q after the filing of such Annual Report on Form
10-K, which may be viewed at http://www.sec.gov.
ICTV disclaims any intention to, and undertakes no obligation to,
revise any forward-looking statements, whether as a result of new
information, a future event, or otherwise.
Contact
InformationRich RansomRansom@ictvbrands.com484-598-2313 Ernest
P. Kollias JrKollias@ictvbrands.com484-598-2300
ext. 318