Source: Vape Holdings Inc, Press Release August 4, 2014
Positions Itself for Increased Market Penetration & Growth Continues to Expand Sales Reach Globally Distributors, Authorized Dealers & HiveCeramics.com
WOODLAND HILLS, Calif., Aug. 4, 2014 /PRNewswire/ — Vape Holdings, Inc. (OTCQB: VAPE) (the “Company”), a holding company focused on providing efficient, healthy and sustainable vaporization products, is pleased to announce that its premier HIVE Ceramics branded product line has successfully expanded its multi-channel distribution plan and is now more widely available to consumers, improving its position for market penetration and maximum growth. The multi-channel distribution strategy has expanded very quickly over the past few months and includes several national and international distributors, over 1,100 authorized dealers and its HiveCeramics.com e-commerce site.
Vape Holdings recently entered into a wide-scale distributor relationship with GotVape.com for the U.S. distribution of its HIVE Ceramics product line. GotVape.com, founded back in 2001, is an industry leading Vaporizer Health Network, boasting the top online vaporizer retail site in the world as well as an expansive nationwide wholesale distribution chain. GotVape.com is extremely excited to introduce the HIVE Ceramics product line to their established customer base, and has already received their first HIVE order as of last week.
The Company has also struck deals with European distributor DNA Genetics and their new South American distribution company, Pure DNA, to distribute HIVE products throughout their respective markets. DNA Genetics is a world-renowned name in cannabis genetics with a global reach and trusted brand poised to assist the Company with its expansion into the emerging European and South American markets. DNA Genetics branded products can be found throughout Europe, with their reach expanding alongside changing policies worldwide.
Additional distributor relationships have been finalized to distribute HIVE products throughout Canada. West Coast Gifts (http://westcoastgifts.ca), based in Vancouver, Canada, has an excellent reputation as one of the longest-running distributors of nationally recognized brands of vaporizers and related accessories in Canada. Puff Pipes (http://www.puffpipes.ca), also based in Vancouver, Canada, is one of Canada’s leading suppliers of high quality glass works for over 20 years.
“We are thrilled to partner with such big name distributors both domestically and abroad to expand our reach and drive additional revenues,” stated Kyle Tracey, CEO, Vape Holdings. “We’re lucky to be working with such great people and companies in this space. Our medical grade ceramics have been welcomed with open arms, and although the competition certainly exists, the obvious difference in quality has quickly set us apart and propelled HIVE to the top. We will continue to be an innovative group of industry professionals focused on providing the most relevant and effective products to our community; HIVE is only the beginning.”
Vape Holdings, Inc.
Vape Holdings, Inc. focuses on designing, marketing, and distributing various vaporization products. The company offers medical and food grade ceramic products primarily under the HIVE Ceramics brand throughout North America and Europe. HIVE offers a nonporous, non-corrosive, chemically inert ceramic vaporization element, which can be used for a range of applications, including stand-alone vaporization products and electronic cigarettes. The company is based in Woodland Hills, California.
For more information on HIVE Ceramics and to visit our e-commerce site, please visit: www.HiveCeramics.com.
Cautionary Language Concerning Forward-Looking Statements
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Vape Holdings’ products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in Vape Holdings’ filings with the United States Securities and Exchange Commission. Examples of such forward-looking statements in this release include statements regarding future sales, costs and market acceptance of products as well as regulatory actions at the State or Federal level. For a more detailed description of the risk factors and uncertainties affecting Vape Holdings please refer to the Company’s Securities and Exchange Commission filings, which are available at www.sec.gov. Vape Holdings undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Vape Holdings, Inc.
Source: PR Newswire (August 4, 2014 – 8:30 AM EDT)