EQ Smart Energy Drink(TM) Increases Pace in Preparation for 2010
December 10 2009 - 7:08AM
Marketwired
EQ Labs, Inc. (PINKSHEETS: EQLB) (herein referred to as "the
Company") confirmed from its Las Vegas headquarters that
discussions are in progress with three of the nation's largest
retailers and distributors representing the major segments of the
consumer market. Announcements that formal agreements have been
signed with the major retail chains of convenience and grocery
stores and one of the top 3 department stores are scheduled for
press releases during this month of December 2009.
"Timing is very important," stated Mo Owens, the CEO of EQ Labs,
Inc. "Since these pending agreements are beyond the introduction
and evaluation stages, we collectively felt it more advantageous to
wait until January to commence distribution to these entities -- in
fact, the rest of the process is academic. We are gearing up to
commence delivery during the first month of 2010. We are producing
additional inventory, especially since we have three new fruit
flavors of the EQ Smart Energy Drink(TM) tablets and are already
experiencing sales increased from new and existing accounts with
the Speedee Mart and City Stop chains, along with a significant
number of select 7-Eleven convenience stores throughout the U.S.
and Foodpro Distributors. These alternative flavors have been well
received by our focus groups and the above referenced parties.
Secondly, we are securing three additional major U.S. distributors
throughout the country who will service these new accounts, in
addition to introducing our products throughout the U.S. and North
America. In preparation for this, we are presently hiring
additional sales mangers for the north and southwest territories.
We have produced new commercials that will be aired on various
networks throughout the country to support an increase in sales.
Airtime on additional regions has been secured for future
expansion. W are definitely picking up pace in preparation for
early first quarter of 2010, this will be our break out year and
these initiatives are vehicles for achieving these goals."
The company is also happy to announce that the off-road racing
team it sponsors, LVCD, won first-place overall in the Score
International on December 5, 2009. The team's anchor, TJ Flores,
the 2008 Baja 1000 winner, led his team to a winning record of 14
wins of 20 races during the 2009 season. "If our driving team is
indicative of our success in the energy drink industry, look for
big things from us in 2010," said Owens.
About EQ Labs, Inc.:
EQ Labs Smart Energy Drink(TM) is an effervescent tablet that
provides instant energy in any beverage. Consisting of a blend of
essential vitamins, Gingko Biloba, and less caffeine than a cup of
coffee, EQ keeps you going any time -- day or night.
For more information about EQ, visit: www.drinkeq.com.
Forward-Looking Statements: This press release contains
forward-looking statements that reflect the Company's current
expectation regarding future events. Actual events could differ
materially and substantially from those projected herein and depend
on a number of factors. Certain statements in this release, and
other written or oral statements made by EQ Labs, Inc. are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. You should not place undue reliance on forward-looking
statements since they involve known and unknown risks,
uncertainties and other factors which are, in some cases, beyond
the Company's control and which could, and likely will, materially
affect actual results, levels of activity, performance, or
achievements. The Company assumes no obligation to publicly update
or revise these forward-looking statements for any reason, or to
update the reasons actual results could differ materially from
those anticipated in these forward-looking statements, even if new
information becomes available in the future.
Contact: Maurice "Mo" Owens CEO EQ Labs, Inc. TEL: 702-445-7762
FAX: 702-445-7762 mo@drinkeq.com or Bob Fain COO
bob@drinkeq.com
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