Vitamin Blue Announces Future Plans to Expand Operations in the Worldwide Standup Paddle (SUP) Market
February 12 2013 - 8:00AM
Marketwired
Vitamin Blue, Inc. (OTCQB: VTMB) a developer, producer and
distributor of water boardsports apparel, accessories and related
products, today announced that it has future plans to expand its
operations and to focus efforts on exploiting a new high growth
water boardsport market segment, the SUP (standup paddle) market.
SUP is considered to be the fastest growing sport in the world. The
company has been involved in this new segment since its
reintroduction a few years back.
The SUP segment has seen rapid growth in popularity in recent
years because of the accessibility of the sport; you can SUP on any
body of water (ocean, lake or river) throughout the world. Also,
nonsurfers can learn to SUP fairly quickly, typically within
minutes. These two factors account for its meteoric potential for
growth worldwide. Cameron Diaz, Pierce Brosnan, Matthew McConaughey
and Cindy Crawford are notable celebrities that have begun to
participate in the sport.
This all plays into Vitamin Blue's goal of becoming a premier
brand in the water boardsports arena and become the largest
boardbag manufacturer in the world.
CEO Frank Ornelas stated, "Due to increasing demand for our
products, and subsequent increased production, we are currently
looking to expand our operations to the SUP market. We are
analyzing our options in different US and overseas markets where
SUP surfing is a booming industry. We will keep our shareholders
updated. We are committed to maximizing shareholders' value, and
believe our company will make significant advances within the near
future."
About Vitamin Blue, Inc. (www.vitaminblue.com):
Vitamin Blue designs, develops, produces and distributes water
boardsports apparel, accessories and related products. Founded in
1999, the Costa Mesa, California based company is part of the
consumer goods sector and nondurables industry.
Forward Looking Statements:
This press release contains forward looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Any statements made in this press release that are not
statements of historical fact, including statements about our
beliefs and expectations, are forward looking statements. Forward
looking statements include information concerning possible or
assumed future results of operations, including descriptions of our
business plans and strategies. Although we believe that these
forward looking statements are based on reasonable assumptions, you
should be aware that many factors could affect our actual financial
results or results of operations and could cause actual results to
differ materially from those expressed in the forward looking
statements, including, without limitation, the factors described
under "Risk Factors" and "Management's Discussion and Analysis of
Financial Condition and Results of Operations" of our Securities
and Exchange Commission filings.
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