Global launch of the 8000inc Group.
MANASSASS, VA, July 9 /PRNewswire-FirstCall/ - The Board of 8000inc are pleased to announce that the global launch of its products has begun. The Board are currently finishing off the much anticipated, and delayed, DTCC filings and felt that it was important to give all shareholders a brief update on recent developments.
8000inc has now expanded its product range to cover all major sports and introduced a luxury cotton clothing line. 8000inc will have access to Limegrove from 15th July and the plans for the flagship store have already been drawn by the architect.
The board felt that the easiest way to bring its shareholders up to date was to simply list all the recent activities prior to issuing item by item full details during June, through individual press releases and the corporate revenue through the quarterly report.
8000inc has been formally announced as the clothing wear sponsor and provider for the Barbados AAAB National Athletics Team; is in partnership with the Barbados Golf Association and has already sponsored the Caribbean Amateur Open at Royal Westmoreland, Barbados, delivering an order of $75,000 USD golf shirts at the event; is producing an exclusive range of clothing with legendary cricketer Desmond Haynes and an international cricketing academy; will offer 12 clothes ranges at the launch of the Limegrove flagship store; launched its new F2000 car at Mosport; has gained agreement to stock two world leading golf resorts with its golf range; is working with Limegrove to deliver and manage major events; through the sponsorship deals and commitments expects to sell in excess of 25,000 items in the first 6 months; has sponsored the Carlton Club, Barbados, its ground and all sporting teams and now has an unprecedented market position and exposure.
Tom Kelly sated, "A lot of work has been undertaken by the team to get us to a position where we have a presence. We have a foothold in probably the most profitable market in the world, and that is something we are all very proud of."
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of 8000 Inc. see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
SOURCE 8000 Inc.
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