iBrands Corporation Announces New Acquisition
November 13 2013 - 8:30AM
Access Wire
Atlanta, GA - November 13, 2013 - iBrands
Corporation (OTCPink:IBRC), http://www.ibrandscorporation.com/, a
holding company targeting the merger and acquisition of niche
Internet-based brands positioned for rapid growth through proven
products, today announces the Company has signed a conditional
agreement to acquire Ultra Image, LLC..
Ultra Image owns the exclusive United States distribution rights
for an Internet-based line of beauty and cosmetic products from
Europe. The trademarked product lines are all natural and gluten
free targeting a specific niche market who suffer from Celiac
disease. The product line is distributed in 40 countries throughout
the world. Ultra Image introduced the products to the United States
market in the past 1 1/2 years achieving a positive cash flow in
its first fiscal year.
The unique selling position of Ultra Image's products coupled
with management's knowledge and networking within the industry
provides IBRC with an ideal candidate for its acquisitions
strategy. Terms of the acquisition will be disclosed in the near
future.
About iBrands Corporation
iBRANDS CORPORATION ("IBRC"),
http://www.ibrandscorporation.com/, is a publicly traded holding
company that acquires and operates niche market brands having
unique market positioning with substantial upside. Our strategy is
executed through the acquisition of proprietary brands having
unique market niches with substantial upside growth and providing
strong management. A common thread throughout our acquisitions
is the application of Internet technology to enhance revenues and
optimize margins.
SAFE HARBOR STATEMENT: Except for historical information
contained herein, the statements in this release are
forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Reform Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties, which may cause a company's actual results in the
future to differ materially from forecasted results. These risks
and uncertainties include, among other things, product price
volatility, product demand, market competition and risk inherent in
the operations of a company.
Contact:
iBrands Corporation
Investor Relations
Paul Smith, 1-866-595-1081
mailto:info@ibrandscorp.com
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