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Mariner's Choice International, Inc. (Pink Sheets: MCII), a North American manufacturer of eco-safe products, is set to expand the introduction of their biodegradable, "green" technologies into multiple new product lines, new private label partners and new industry categories during the first quarter of 2010.
The Company's leading-edge eco-safe technology and nanotechnology advancements over the last two years, have positioned many of Mariner's Choice high-performance products for applications beyond the Company's core marine market.
The expanded industries include automotive, aviation, and the recreational vehicle market for industrial, commercial and retail sales. Additionally, the Company is poised for further expansion with private label partners, as well as, through recent push into the mainstream retail market, which continues to gain traction via some of the largest retailers in North America.
Mariner's Choice is currently negotiating with two large companies that have significant retail reach across the nation. One of them has over 50,000 department and supermarket stores, and the other has over 15,000 outlets in automotive hardware and agricultural supplies.
President and CEO of Mariner's Choice, Amie Hingston states: "Leading the way for rapid deployment into several leading retailers is Mariner's Choice private label program. In today's economy, the Company's ability to offer entirely new revenue streams to businesses in a multitude of different markets, certainly puts us in an enviable position for strong growth. So yes, this strategy promises to be a significant contributor to our growth in 2010."
Ms. Hingston continues: "Our recent listing with one of the leading retailers further demonstrates the application and adaptability of Mariner's Choice products across multiple retail categories, as well as the Company's capability to meet the highest regional and national retail protocols. With the new tradenames, trademarks and new eco-safe product introductions coming in the months ahead, current and potential investors can expect us in 2010 to build shareholder value by aggressively targeting other major supermarket, pharmacy and hardware chains, along with scores of private label opportunities in multiple market sectors."
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.
About Mariner's Choice
Mariner's Choice manufacturers and markets high-performance, eco-safe retail, commercial and industrial products utilizing leading-edge biodegradable technologies. Each product is tested to exacting standards and superior performance levels that often exceed performance capabilities from comparable products that contain harmful compounds or ingredients. Some of the company's "green" product lines employ nanotechnology.
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Mariner's Choice International, Inc.
Amie Hingston, President
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