Paw4mance Pet Products International Inc. Expands Its Operations Into the US Market
August 29 2013 - 8:20AM
Paw4mance® Pet Products International Inc. (OTC Pink:PAWP) (the
Company) is pleased to announce its expansion program into the US
Market.
After a study of the North American market, the Company has
decided to establish its headquarters in the US to tap into the
estimated $55.3 Billion Dollars US pet food market. The company is
searching out factories to produce our unique brand of pet food as
well as engage US Distributors to gain a rapid entrance into the
large US Market.
With the establishment of the US Headquarters, the company looks
to appoint American Board members with years of pet product
experience to head its North American operation from its US
Headquarters.
The US Pet Food Industry:
Based on the latest numbers from the American Pet Products
Association the US alone
(http://www.americanpetproducts.org/press_industrytrends.asp) will
spend an estimated $55.3 Billion Dollars on their pets in 2013, of
that number over $20 Billion Dollars will be represented by the pet
food sector. Paw4mance® has formulated a "holistic" dog food blend
that has breeders and pet owners alike requesting it for their
"furry friends". Unlike other wheat based dog foods, "Our product
is a healthy alternative to the highly marketed far lesser quality
foods," stated Dennis dos Santos, President of Paw4mance®. "In the
process of exploring strategic alternatives for the Company we
became aware of avenues for entry into the US market, and are now
further investigating those pathways."
The Company's Canadian offices, located at 259 Edgeley Blvd,
Unit 2 in Vaughan, Ontario will continue to serve as the Canadian
arm of the Company.
Data sources and notes
- Food total is based on PFI research consultant Davenport Co,
BCC, Inc plus Packaged Facts US Pet Market Outlook 2011-2012, and
IBISWorld 2012 Pet Food Analysis, Dillon Media February, 2012
trends report and Fountain Agricounsel 2011 - 2012 Situation
Analysis Report, BCC 2011 Report on Pet Care Products and
Services
- * http://economy.money.cnn.com/2013/05/21/pet-spending/
The Company's Business:
Paw4mance® Pet Products International Inc., through its
subsidiary, distributes treats, toys, accessories and hygiene
products. Paw4mance® was founded in 1993, to develop and distribute
a naturally preserved (chemical free) holistic high end kibble free
of artificial flavours, colorings, and purposely added fillers that
offers superior value than current brands on the
market. Originally based in Ontario Canada, 2011 marks the
Company's expansion into the United States as well as other key
markets. Currently, the Paw4mance® umbrella contains and operates
the following brands: Paw4mance® holistic pet food (available in
Canada) and the soon to be released MOJO® brand of holistic pet
products. With several brands, products and services currently
in development, the Company is striving to position itself as a
global leader in the Pet food and pet services industry.
Visit us at:
www.paw4mance.com
The Company trades on the OTC Pink tier of the OTC market.
Investors can find Real-time quotes and market Information for the
Company on: http://www.otcmarkets.com/stock/PAWP/quote
Forward-Looking Statements
Certain statements contained in the press release above are
forward-looking statements that involve risks and uncertainties.
The statements contained herein that are not purely historical are
forward looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended and Section 21E of the
Securities Exchange Act of 1934, as amended. Forward-looking
statements deal with the Company's current plans, intentions,
beliefs and expectations and statements of future economic
performance. Forward-looking statements involve known and unknown
risks and uncertainties that may cause the Company's actual results
in future periods to differ materially from what is currently
anticipated. The Company cannot guarantee its future results,
levels of activity, performance or achievements. The Company
disclaims any obligation or intention to update any forward-looking
statement.
CONTACT: Paw4mance(R) Pet Products International Inc.
Dennis dos Santos, President & CEO, 416 665-7297
info@paw4mance.com,
www.paw4mance.ca
twitter: paw4mance pet@paw4mance
SOURCE: Paw4mance Pet Products International Inc.
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