EQ Labs Reports Six Month Sales Increase of 40% on Higher Demand in North America for EQ Energy Drink
August 05 2010 - 8:00AM
EQ Labs, Inc. (Pink Sheets:EQLB), inventor and marketer of the EQ
Energy Drink, announced today that sales for the six months ended
June 30, 2010 increased 40% compared to the same period in the
previous year. Earlier this year, the company had announced
that sales increased 300% percent in the Las Vegas Region.
"We expect to perform very well this year for our shareholders,"
Chief Executive Officer, Maurice Owens, said in a statement. "Our
innovative and great tasting products are being well received by
consumers in some key markets throughout the United States.
EQ Energy Drink is currently sold in 800 stores in 48
states. The EQ Energy drink is the only effervescent-based
tablet on the market today that is specially formulated with a
combination of essential herbs and nutrients to easily dissolve in
any beverage resulting in sustainable energy and a heightened sense
of focus. The company is engaged in the process of recruiting
additional international "sports" celebrities to endorse the EQ
Energy Drink. Mr. Owens concluded, "We are extremely pleased
regarding the market acceptance of our product this year. We
expect these positive trends to continue and we anticipate the
ability to deliver continued good news to our loyal shareholders."
About EQ Labs, Inc. EQ Labs is engaged in the
development, marketing and sale of EQ ("The Smart Energy
Drink"). EQ is an effervescent tablet that can be dissolved
in any beverage to provide instant energy. Consisting of a
blend of essential vitamins, Gingko Biloba, and less caffeine than
a cup of coffee. EQ is currently sold at Best Buy, 7-Eleven,
Walgreens and other leading retailers. For more information
about EQ, visit: http://www.drinkeq.com/.
The EQ Labs, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=7430
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: EQ Labs, Inc.
Maurice "Mo" Owens, CEO
702-445-7762
Fax: 702-445-7762
mo@drinkeq.com
Bob Fain, COO
bob@drinkeq.com
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