LOS ANGELES, CA -- (Marketwire) -- 01/17/13 -- VaporBrands International, Inc. (PINKSHEETS: VAPR) ("VAPR," "VBI") is pleased to announce the signing of an agreement with VaporBrands Caribbean, Ltd. ("Carib"). This agreement is for marketing existing and future VBI private brands on an exclusive basis in the territory consisting of the Caribbean Sea and its islands, the Bahamas Group, the Turks and Caicos Islands and any cruise ships that have a destination in the exclusive Caribbean area. Also included in the agreement is the non-exclusive region which encompasses: Florida, Louisiana, the surrounding coasts of Mexico, Central and South America.
Safe Cig, the manufacturer of VBI's current "VAMP" brand, has agreed to manufacture electronic cigarette products with new brand names to be determined by Carib and subject to the approval of VBI, VAPR and Safe Cig. Then these private-labeled products will be sold to Carib or designee for resale, or directly to consumers for the mutual benefit of VBI, VAPR and Carib, subject to the terms and conditions of this Agreement.
Jason Torres, President of VaporBrands International, Inc., stated, "We are very pleased to have signed this agreement with VaporBrands Caribbean Ltd. This will give VBI access to the upscale Caribbean cruise ship market and the US Gulf Coast States and Caribbean area with a potential market in excess of 100 million people representing numerous sales and branding opportunities for VBI."
About VaporBrands International, Inc. (VAPR)
VAPR focuses on creating opportunities for culturally relevant brands seeking to acquire significant market share in the rapidly growing "Vaping" sector of the global marketplace.
There are many brands of PEVUs currently in the marketplace mostly sold by small companies that have limited manufacturing and distribution capacities. The quality of these products varies considerably. VAPR is uniquely positioned through its industry expertise and strategic partnerships to achieve commercial success in various markets across the globe, by providing consumers with state of the art technology and innovative products which are distinct from any competitor in the e-cig/PEVU sector of the marketplace.
Safe Harbor Statement
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including but not limited to statements containing the words "will," "believes," "plans," "anticipates," "expects," "look forward," "estimates" and similar expressions) should be considered to be forward-looking statements and the safe harbor provisions of said Act do not apply to an issuer that issues penny stock. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors including, among others, competition, market demand, technological change, strategic relationships, recent acquisitions, international operations and general economic conditions. We do not assume any obligation to update any forward-looking statements.
For further information regarding VaporBrands International, Inc., contact:
VaporBrands International, Inc.
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