International MMA Superstar Gray 'The Bully' Maynard Signs Endorsement Deal with EQ Labs, Inc.
LAS VEGAS, Jan. 26, 2011 /PRNewswire/ -- EQ Labs (Pink Sheets: EQLB) announced today that internationally recognized MMA superstar Gray "The Bully" Maynard has signed an endorsement deal with EQ Labs, Inc. Mr. Maynard is undefeated in his MMA career and currently competes in the lightweight division. He recently headlined a MMA Pay-Per-View show where he fought Frankie Edgar for the lightweight title. The fight ended in a draw and it was recently announced that Maynard and Edgar will face each other in their third fight at a Pay-Per-View event on May 28, 2011.
Mr. Maynard is also a well accomplished amateur wrestler. He was the co-captain of the Michigan State Spartans wrestling team where he amassed 106 collegiate wins as well as All-American honors for 3 out of the 4 years he attended Michigan State University.
Mr. Maynard's responsibilities will be focused on acting as a spokesperson for EQ Labs and EQ Energy Drink through personal appearances, radio spots and "meet and greet" type formats at industry events. The term of the sponsorship agreement is for 1 year and Mr. Maynard shall have an option to renew his agreement for 1 year beginning on January 2012.
Mr. Maynard commented, "I'm excited and privileged to join the EQ energy drink team. EQ has revolutionized the energy drink and will soon set the standard for all other energy drinks. As part of the EQ energy drink team, I will represent and work closely with them in creating new ideas and products that will surely expand the EQ brand."
Maurice Owens, Chief Executive Officer of EQ Labs, stated, "We are extremely happy to be able to announce that Gray Maynard has joined our team. Gray is quickly becoming one of the most well known names in the MMA world. Gray Maynard will be a tremendous help as we grow our brand and we will do everything that we can to make sure that Gray continues to remain popular in front of MMA fans throughout the world for years to come."
Owens added, "The MMA market continues to grow rapidly and we will continue to pursue other relationships with MMA superstars over the very near future. Several months ago, we announced that we will be building a team from several sports disciplines and this deal that was signed with Gray Maynard is a strong indication of our dedication to build shareholder value."
About EQ Labs, Inc. EQ Labs is engaged in the development, marketing and sale of EQ ("The Smart Energy Drink"). EQ is an effervescent tablet that can be dissolved in any beverage to provide instant energy. Consisting of a blend of essential vitamins, Gingko Biloba, and less caffeine than a cup of coffee. EQ is currently sold at 7-Eleven, Walgreens, Terrible Herbst, SpeedeeMart, City Stop, and other leading retailers.
For more information about EQ, visit: http://www.drinkeq.com/.
Forward-Looking Statements: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by EQ Labs, Inc. are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
SOURCE EQ Labs, Inc.
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