16.05.2011 16:00:00
|
Greyson International, Inc. Signs Letter of Intent for Agreement with European Importer and Marketer SA.MA. Technologies of Milan, Italy
Greyson International, Inc. (GYSN.PK) announced today that it has signed a letter of intent (LOI) to enter into an exclusive agreement with SA.MA. Technologies of Milan, Italy to distribute Greyson’s Trilexon® brand products to upscale pharmaceutical stores and duty-free shops in 11 European countries, which include: Spain, France, Germany, Switzerland, Italy, Turkey, Greece, Holland, Belgium, Russia and The Vatican.
Under the agreement, SA.MA. Technologies will have the exclusive ability to apply for permits, create partnerships with distributors in these countries and market Greyson’s products through advertising, collateral materials and translation of labels into the native languages of each country.
The agreement is for a duration of two years, with option to renew after the initial agreement, and is exclusive for Greyson’s Trilexon®-brand products for traditional retail sales in the 11 European countries outlined in the LOI. Greyson’s Trilexon® technology does not fall under the exclusivity of this agreement, allowing the Company to continue working with global health and beauty companies for licensing opportunities of Trilexon® for their brand-name products.
SA.MA. Technologies was founded by Maurizio Crescenzi, President, and Salvatore Di Meo, Vice President. The team has worked on the importing and marketing of cosmetics and pharmaceutical products for over 12 years.
"We anticipate moving forward and creating a partnership with SA.MA. Technologies in order to distribute our Greyson brand Trilexon® products and Damage Control Serum throughout Europe,” said Greyson International CEO Harvey Tauman. "We are pleased with the positive reputation of SA.MA. Technologies and their experience in connecting their clients with distributors in multiple countries. This is a fantastic opportunity for the Greyson brand to achieve recognition and sales in Europe.”
Greyson International plans to hold a shareholder conference call in the coming weeks. Once finalized, an announcement will be made with further details on how to participate.
About Greyson International, Inc.
Greyson International, Inc. is a research, development and marketing company that markets health and beauty aid products. Greyson has developed a new delivery method, the Trilexon® system, which will improve the effectiveness of virtually every topical application in today’s cosmetic market and every over-the-counter topical drug application. Trilexon® is a registered trademark of Greyson International. For more information, visit www.greysonproducts.com, join the Greyson Facebook group page by visiting www.facebook.com and searching "Greyson Products” or follow Greyson on Twitter at www.twitter.com/greysonproducts.
This release contains information about management’s view of our future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with our financial condition, our ability to sell our products and our ability to compete with competitors. We encourage you to review other factors that may affect our future results on any current or future documents we file periodically with the Securities & Exchange Commission.
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!