International Absorbents Awarded 'Best New Product of the Year' by Petco Animal Supplies
August 22 2006 - 2:32PM
PR Newswire (US)
FERNDALE, Wash., Aug. 22 /PRNewswire-FirstCall/ -- International
Absorbents Inc. (AMEX:IAX), a leading developer and producer of
environmentally-friendly pet care and industrial products, today
announced that its CareFRESH(R)Colors(TM) brand small animal
bedding was named the Best New Product of the Year by Petco Animal
Supplies, one of the nation's largest pet specialty retail chains.
The award, voted on by nearly 850 store General Managers, was
presented at Petco's national store manager's meeting and trade
show in Orlando, Florida. In addition, the Company's wholly-owned
subsidiary, Absorption Corp, was named a VIP vendor by Petco
Management. VIP vendors are among Petco's most important vendors
and strategic partners. This the sixth consecutive year that
Absorption Corp has been named a VIP Vendor.
"CareFRESH(R)Colors(TM) is a category changing brand," stated
Gordon L. Ellis, Chairman of International Absorbents Inc. "We are
helping our retail partners like Petco up-sell consumers from
commodity products like wood shavings to CareFRESH(R) products that
are safe, healthy and fun. We are also helping them sell more live
animals. Sales of live animals have increased since Petco began
using CareFRESH(R)Colors(TM) as their primary in-store bedding. In
turn, improved live animal sales leads to increased sales of cages,
food, toys and bedding that accompany the purchase of a new family
pet. "We are grateful for the recognition from Petco as Best New
Product of the Year and look forward to working with them to
continue to bring innovative products to the small animal
category," added Mr. Ellis. 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., Toll Free, 866-514-6559, or
+1-604-681-6181, or Web site: http://www.absorbent.com/
http://www.internationalabsorbents.com/
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