Wellstone Filters Reports On Results Of Its Participation In Southeastern U.S. Retailer Convention
May 19 2006 - 9:42AM
PR Newswire (US)
Wellstone Successful In Expanding Its Distribution Reach To Retail
and Convenience Stores In Southeastern U.S. States DURHAM, N.C.,
May 19 /PRNewswire-FirstCall/ -- Wellstone Filters, Inc. (OTC
Bulletin Board: "WLSF") a developer, producer and distributor of
branded tobacco products and innovative tobacco filter technology,
today reported on the results of its participation in a major
retail convention held in Winston-Salem, North Carolina on May 17,
2006. This convention represented an important gathering of major
convenience store retailers located throughout the Southeastern
region of the United States. Harry Poole, Vice President of Sales
of Wellstone Filters, stated, "As we previously reported, our
Wellstone branded tobacco products, which combine a patented filter
technology with premium blended tobaccos, were available in a
limited number of states in the U.S. during our first quarter of
fiscal 2006. With approvals for distribution now in 43 states, this
convention provided us the opportunity to gain exposure to a large
number and diverse selection of retailers and convenience stores in
several important geographic territories. In fact, during this one
day trade show we were successful in taking orders for well over
100 stores." Samuel Veasey, Chief Operating Officer and Financial
Officer of Wellstone Filters, added, "Industry reports indicate
that the "MSA approved discounted- value" tier of cigarette brands
is experiencing significant volume growth." He continued,
"Wellstone Filters products, which have been MSA approved, believes
its tobacco products which are distributed using a discount pricing
strategy, will gain a competitive advantage as a result of its
premium quality branding. We believe that the growth rates in this
'discount-value' tier, which vastly exceed the growth rates in the
other competitive tiers, is well-known by retailers and may be
viewed by them as an opportunity for improving their retail sales
volume and profitability." About Wellstone Filters The Company is
engaged in the development, marketing and distribution of a
proprietary cigarette filter technology and tobacco products
distributed under the Wellstone Filters brand. Currently,
Wellstone's family of branded cigarettes includes Wellstone Red,
Wellstone Smooth Blue, and Wellstone Menthol, all of which come in
King Size and 100's. Wellstone believes it may be the first
ultra-premium cigarette available at a value price that combines a
patented filter and premium tobacco blend providing a rich, smooth
tasting cigarette. Wellstone does not represent that its patented
filter makes for a safer cigarette and emphasizes that no cigarette
is safe. This press release or any other corporate communication by
Wellstone, its management, directors, employees, agents or
representatives is not intended to induce any person or persons to
purchase Wellstone tobacco products or any other tobacco products.
Licensed direct buying accounts can place orders for Wellstone
Filters branded products by calling 866-456-9827 or by email at .
For further details on the Company and its products please visit
the Company's website at http://www.wellstonefilters.com/.
Wellstone Filters believes that this press release contains
forward- looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to risks and uncertainties. Such statements
are based on management's current expectations and are subject to
facts that could cause results to differ materially from the
forward-looking statements. For further information you are
encouraged to review Wellstone Filters' filings with the Securities
and Exchange Commission, including its Annual Report on Form 10-KSB
for the period ended December 31, 2005, and Quarterly Report on
Form 10-QSB for the period ended March 31, 2006. The Company
assumes no obligation to update the information contained in this
press release. DATASOURCE: Wellstone Filters, Inc. CONTACT:
Wellstone Filters, Inc., Investor Relations, +1-336-597-8300 Web
site: http://www.wellstonefilters.com/
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