Mariner's Choice Inks Contract With Private Label Partner
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JACKSONVILLE, Fla., June 10, 2009 (GLOBE NEWSWIRE) -- Mariner's Choice
International Inc. (Pink Sheets:MCII) today announced that the recently
announced LOI with a Private Label Partner has been duly converted to a signed
contract. The agreement calls for a minimum order value with a "year over year"
increase for the next three years, with a built-in incentive when certain
targets are exceeded.
The Partner has already been promoting the products and creating demand among
its clientele. "Having tried and tested the products ourselves and understanding
the performance capabilities, we are excited to be able to offer them to our
customers and establish a stronger relationship. We are looking forward to
exponentially growing our business by adding this new revenue stream," stated
Brian Fernandez, president of the partnering company.
The label design has been completed, and the initial shipment has been made,
with a subsequent order already in place for delivery within the next month.
About Mariner's Choice International Inc.
Mariner's Choice provides high-performance, eco-safe consumer and industrial
products utilizing leading-edge biodegradable technologies. Each product is
tested to exacting standards and performance levels, with the goal of providing
the greatest benefit and satisfaction to our customers. Our "green" products,
some of which employ nanotechnology, are a timely solution for the environmental
and health concerns that affect people globally. For more information about us,
please visit http://www.marinerschoice.net.
Safe Harbor
This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the Securities
Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act
of 1995. Those statements include statements regarding the intent, belief or
current expectations of Mariner's Choice International, Inc., and members of its
management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, and
that actual future results may differ materially from those indicated by such
forward-looking statements. Important factors currently known to management that
could cause actual future results to differ materially from those indicated in
our forward-looking statements include fluctuation of operating results, the
ability to compete successfully and the ability to complete before-mentioned
transactions. We undertake no obligation to update or revise our forward-looking
statements to reflect changed assumptions, the occurrence of unanticipated
future events or changes in future operating results.
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CONTACT: Mariner's Choice International Inc.
Amie Hingston
(904) 425-1201
investor@marinerschoice.net
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