BEVERLY HILLS, CA-(NewMediaWire - Jun 28, 2017)
- Reign Sapphire Corp. (OTCQB: RGNP) ("Reign"
or the "Company"), a direct-to-consumer, branded and custom jewelry
company, today announced its launch of a division that focuses
exclusively on delivering its unique custom jewelry to the
corporate and business gift market segment.
The new division was created in response to growing demand from
corporate clients such as Hawaiian Airlines with its Breast Cancer
Awareness campaign and a Super Bowl featured National Football
League (NFL) team.
The personalized gifts segment is part of the corporate and
business recognition market, a field increasingly dependent on
technology enabled customization and one in which Reign maintains a
competitive edge.
Entry into the segment provides an opportunity to boost higher
margin sales due to the minimum order quantity and the less work
required to customize batch orders.
One corporate order can result in hundreds of new Reign retail
customers who will be introduced to Reign's niche custom brands
through the gifts received from their corporate partner.
"This natural extension of Reign's unique custom offering
provides organizations an exciting new range of options with which
to recognize the efforts of employees, customers, vendors and other
stakeholders," commented Joseph Segelman, Reign CEO. "The
initiative evolved from an increasing number of orders from large
organizations and our recognition of its potential as a highly
profitable business segment."
About Reign Sapphire Corporation:
Reign Sapphire (OTCQB: RGNP) is a Beverly Hills-based, D2C
branded and custom jewelry company with three niche
brands: Reign Sapphires: ethically produced, millennial
targeted sapphire jewelry, Coordinates Collection: custom
jewelry, inscribed with location coordinates commemorating life's
special moments, and Le Bloc: classic customized
jewelry. http://www.reignsc.com.
This press release includes "forward-looking statements" within
the meaning of the U.S. federal securities laws, which statements
may include information regarding the plans, intentions,
expectations, future financial performance, or future operating
performance of Reign Sapphire Corporation ("Reign" or the
"Company"). Forward-looking statements are based on the
expectations, estimates, or projections of the Company's management
as of the date of this press release. Although Reign's management
believes these expectations, estimates, or projections to be
reasonable as of the date of this presentation, forward-looking
statements are inherently subject to significant business risks,
economic and competitive uncertainties, or other contingencies,
which could cause the Company's actual results or performance to
differ materially from what may be expressed or implied in the
forward-looking statements. Important factors that could cause
Reign's actual results or performance to differ materially from the
forward-looking statements include those set forth in the "Risk
Factors" sections in the Company's filings with the Securities and
Exchange Commission, including the risks set forth in the company's
Annual Report on Form 10-K for the year ended December 31, 2016,
which is available for viewing on the SEC's EDGAR website. These
forward-looking statements speak only as of the date of this press
release and, except as required by law, Reign specifically
disclaims any obligation to update these forward-looking
statements, even if new information becomes available in the
future.