FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--Eternal Image, Inc. (OTC:ETNL.PK - News), a public company engaged in the design, manufacturing and marketing of licensed brand image funerary products, today announced that it has renewed its licensing agreement with Major League Baseball™ for another two years.
“The acceptance of our Major League Baseball product line has been all we could have hoped for,” said Clint Mytych, president, Eternal Image. “The urns have sold well since the launch in early 2007. The first production run of caskets, which became available at the end of 2008, sold out within a week, and the medallions made a major splash at the National Funeral Directors Expo in October. Our next goal is to bring all 30 teams to market and to continue to expand our distribution through our recent national agreements with Wilbert Funeral Services and Church & Chapel Metal Arts.”
The initial MLB™ urn and casket lines include twenty of the thirty teams. The balance of the team caskets will enter production in the next three to four months.
“Major League Baseball’s licensing program has always been predicated on supporting what our fans want, and since these products are tastefully done, we’re happy to put our stamp on them and help satisfy our fans’ unique passion for baseball,” said Howard Smith, Senior Vice President, Licensing, Major League Baseball. “Eternal Images has done a great job fulfilling our fans’ desire to extend that passion into their last wishes, and we’re glad to continue working with them.”
For the two-day period of December 2 and 3, Eternal Image set a company sales order record due in part to the launch of the MLB caskets. EI filled pre-orders that had been on waiting lists since plans for the product line had been announced. The company then distributed nearly every casket left in inventory to funeral homes and distributors, resulting in a one-month sales total greater than the entire previous third quarter.
About Eternal Image
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and largest manufacturer and marketer of licensed brand image funerary products. Currently, the company offers urns and caskets that feature licensed images from Major League Baseball™, STAR TREK™, Collegiate Licensing Corporation™ and other well-known brands, as well as pet urns and garden memorial stones featuring the American Kennel Club™ and Cat Fancier’s Association™. For more information about EI, visit www.eternalimage.net or call 1-888-6-CASKET.
Tuesday, January 27, 2009
Monday, January 26, 2009
(INTK.pk) - Industrial Nanotech Reports Triple Digit Year Over Year Revenue Growth
NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets:INTK - News), an emerging global leader in nanotechnology, today announced that the Company maintained its track record of triple digit year over year revenue growth for the 4th consecutive year with gross revenues in 2008 of $1.414 Million.
“Our sole corporate focus was on maintaining our historical significant revenue growth rate in 2008 despite the difficulties created by the global economic crisis and we succeeded,” stated Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. “The inherent value of our technologies to consumers and industries worldwide and our hard work are the core great strengths of this company. This is not to say we didn’t have some disappointments related to the financial turmoil, because we did. An example is the deal for 10 shipping containers of our product destined for a major textile plant in Turkey that we began filling last fall and which was subsequently put on hold due to the deterioration of the credit markets while the customer negotiates new credit lines with their financial institutions. However, we are pleased with our ability to overcome those unexpected setbacks and still produce a 184% year over year growth rate in 2008. It is a testimony to our products, our staff, our scientists, and our network of exclusive distributors and independent representatives.”
Mr. Burchill continued, “Additionally, many of the larger deals with multi-year closing cycles are still moving forward. Our team in Brazil confirmed as recently as January 8th of this year that the projects we are involved in with Petrobras are not being scaled back despite lower oil prices. Petróleos Mexicanos (PEMEX), Mexico's state-owned petroleum company, the 10th largest oil company in the world in terms of revenue, has requested a meeting with me at their headquarters in Mexico City in February to provide technical guidelines and specifications for a pipeline project and a fuel tank project they have planned for 2009. Other projects include an upcoming application of Nansulate High Heat and Nansulate EPX by Lyondell Chemical in Houston on large chemical tanks to insulate and protect from corrosion. Lyondell Chemical has 17 plants throughout the country. A state corrections department contract, which is in the initial phase, will begin using Nansulate on the interior walls of cells. Clearly, we are growing this business and our ability to not only survive, but to thrive, in the adverse climate of 2008 is a valuable indicator that we have what it takes to get the job done.”
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes both industrial and residential coatings. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com).
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology.
“Our sole corporate focus was on maintaining our historical significant revenue growth rate in 2008 despite the difficulties created by the global economic crisis and we succeeded,” stated Stuart Burchill, CEO/CTO of Industrial Nanotech, Inc. “The inherent value of our technologies to consumers and industries worldwide and our hard work are the core great strengths of this company. This is not to say we didn’t have some disappointments related to the financial turmoil, because we did. An example is the deal for 10 shipping containers of our product destined for a major textile plant in Turkey that we began filling last fall and which was subsequently put on hold due to the deterioration of the credit markets while the customer negotiates new credit lines with their financial institutions. However, we are pleased with our ability to overcome those unexpected setbacks and still produce a 184% year over year growth rate in 2008. It is a testimony to our products, our staff, our scientists, and our network of exclusive distributors and independent representatives.”
Mr. Burchill continued, “Additionally, many of the larger deals with multi-year closing cycles are still moving forward. Our team in Brazil confirmed as recently as January 8th of this year that the projects we are involved in with Petrobras are not being scaled back despite lower oil prices. Petróleos Mexicanos (PEMEX), Mexico's state-owned petroleum company, the 10th largest oil company in the world in terms of revenue, has requested a meeting with me at their headquarters in Mexico City in February to provide technical guidelines and specifications for a pipeline project and a fuel tank project they have planned for 2009. Other projects include an upcoming application of Nansulate High Heat and Nansulate EPX by Lyondell Chemical in Houston on large chemical tanks to insulate and protect from corrosion. Lyondell Chemical has 17 plants throughout the country. A state corrections department contract, which is in the initial phase, will begin using Nansulate on the interior walls of cells. Clearly, we are growing this business and our ability to not only survive, but to thrive, in the adverse climate of 2008 is a valuable indicator that we have what it takes to get the job done.”
About Nansulate(R)
Nansulate(R) is the Company's patented product line of specialty coatings containing a nanotechnology based material and which are well-documented to provide the combined performance qualities of thermal insulation, corrosion prevention, resistance to mold growth, and lead encapsulation in an environmentally safe, water-based, coating formulation. The Nansulate(R) Product Line includes both industrial and residential coatings. Additional information about the Company and its products can be found at their websites, (www.industrial-nanotech.com) and (www.nansulate.com).
About Industrial Nanotech Inc.
Industrial Nanotech Inc. is quickly emerging as a global nanoscience solutions and research leader. The Company develops and commercializes new and innovative applications for nanotechnology.
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