AccelPath, Inc. Announces Name Change and New Website
NEW YORK, Feb. 25, 2015 /PRNewswire/ -- AccelPath, Inc. a publicly traded reporting company under the ticker symbol (OTC Pink/ACLP - News, hereinafter the "Company") announced that in lieu of its' recent acquisitions of Village Tea Company, Inc and STI Signature Spirits Group, LLC , and a major shift in the Company's direction from manufacturing and distribution of measuring and controlling devices, to creating a dynamic, vertically integrated, beverage holding company, the company has decided to change its name from AccelPath, Inc to Accel Brands, Inc. To reflect the new direction and the name change, the Company has also launched a new website, www.accelbrandsinc.com, that will feature information about the Company and its subsidiaries. The company will also become more active in social media with new Twitter and Instagram accounts, @accelbrands.
The company's new mission is to seamlessly leverage the infrastructure, collective knowledge base and professional resources of each acquisition to develop and manage a portfolio of synergistic products and services that will compete at the highest levels across multiple channels of the beverage sector. "We hope to create an environment that will allow us to react quickly to market dynamics, including competitive threats, while creating sustainable long term growth and value for our shareholders, states company CEO, Gilbert Steedley
We feel that there is tremendous potential synergy in this sector and many companies looking for the right partner. "We are excited about the new direction of the company and we look forward to entering into additional deals as they make sense economically", stated Mr. Steedley.
For additional information please visit www.accelbrandsinc.com
About Accel Brands, Inc:
The new mission of Accel Brands, Inc., is to create a dynamic, vertically integrated, beverage holding company, through acquisitions, brand development, joint ventures, and exclusive sales and marketing agreements. The Company's planned strategy focuses on small revenue generating companies that have young, niche brands with superior products and high potential for growth in key domestic and international markets.
Forward-Looking Statements
This release includes forward-looking statements on our current expectations and projections about future events. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectations and assumptions and are subject to a number of risks and uncertainties, many of which are difficult to predict and include statements regarding the contribution of our distribution contracts and our future growth. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in the forward-looking statements include, among others, an inability to maintain the distribution agreements or for such agreements to generate the anticipated sales and other factors described in our report on Form 10-K for the year ended 10K for the Year ended June 30, 2014 and any other filings with the SEC. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Copies of these filings are available at www.sec.gov.
SOURCE AccelPath, Inc.
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