International Absorbents Increasing Presence in Grocery and Mass Merchandiser Channels
June 28 2006 - 2:51PM
PR Newswire (US)
FERNDALE, Wash., June 28 /PRNewswire-FirstCall/ -- International
Absorbents Inc. (AMEX:IAX), a leading developer and producer of
environmentally-friendly pet care and industrial products, today
announced that it is expanding the presence and number of product
sizes of Healthy Pet(TM) and Critter Care(TM) small animal bedding
in both the grocery and mass merchandiser channels. Shawn Dooley,
Vice-President of Sales and Marketing for Absorption Corp, the
Company's wholly-owned subsidiary commented, "The addition of
larger sizes of brands currently sold by our mass grocery channel
retail partners and the introduction of the Company's line of
Colors(TM) bedding to these channels should double sales through
these classes of trade over the next twelve months. Current
commitments will add over 5300 shelf facings in the grocery and
mass channels by the end of summer so our products will have a more
significant retail presence." "We are constantly exploring new and
innovative way to market our products," added Gordon L. Ellis,
Chairman of International Absorbents Inc. "The majority of the
Company's animal bedding products have historically been sold
through pet specialty sales channels. Continued growth of the
Company relies on continued sales growth in these channels and
diversification to other sales channels and other geographies. The
current expansion of our products' presence and number of bag sizes
in new and existing grocery and mass merchandiser channels is
largely due to our initial success in these channels and bodes well
for prolonged mid-term growth and profitability for the Company."
International Absorbents Inc. develops, manufactures and markets
patented and proprietary, cost effective consumer and commercial
products derived from recycled, renewable materials. These
environmentally safe products outperform conventional products used
in a broad range of consumer and industrial applications, including
retail/commercial pet bedding and litter, oil and hazardous liquid
spill cleanup and control, oil/water filtration, and packaging.
Further information is available at
http://www.internationalabsorbents.com/. Contact: Charles (Chuck)
Tait International Absorbents Inc. Toll Free: 866-514-6559 or
604-681-6181 A number of the matters and subject areas discussed in
this press release that are not historical or current facts deal
with potential future circumstances and developments, including
without limitation, statements referring to the Company's future
growth strategies, prospects for the future, potential financial
results, market and product line growth, abilities to enter new
markets, ability to introduce new products, benefits from
infrastructure improvements and the Company's competitiveness and
profitability as a result of new sales and marketing programs, are
forward- looking statements. The words "believe," "expect,"
"intend," "estimate," "assume" and "anticipate," variations of such
words and similar expressions identify forward-looking statements,
but their absence does not mean that a statement is not
forward-looking. The discussion of such matters and subject areas
is qualified by the inherent risks and uncertainties surrounding
future expectations generally, and it is important to note that the
Company's actual results could differ materially from those
projected, due to various risk factors. Those risks include, but
are not limited to delays related to commissioning a new
manufacturing plant, contractor performance, newly installed
equipment performance, consumer acceptance of the Company's
products at a new location, competitor reactions and their ability
to market and price their products, general economic conditions
outside of the control of the Company, and the economic
availability of sources of raw materials to meet demand rates
necessary to sustain growth. Additional information concerning
factors that could cause actual results to differ materially from
those in the forward-looking statements is contained from time to
time in the Company's reports filed with the SEC, including, but
not limited to, the Company's annual report on Form 10-K for the
fiscal year ended January 31, 2006 and its quarterly filings on
Form 10-Q. This press release speaks only as of its date, and the
Company disclaims any duty to update the information herein.
DATASOURCE: International Absorbents Inc. CONTACT: Charles (Chuck)
Tait of International Absorbents Inc., +1-866-514-6559,
+1-604-681-6181, or Web site: http://www.absorbent.com/
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