NuEarth Signs Exclusive Middle East Regional Distribution Agreement and Launches New Informational Portal at www.nuearthcorp.com
21 Diciembre 2009 - 7:30AM
Business Wire
NuEarth Corporation (Pinksheets: NUEC) (“NuEarth”), a
manufacturer and marketer of "Clean & Green" products and
technology, today announced the signing of a multi-year agreement
with Marko Trading Limited (“Marko”) of Abu Dhabi UAE to distribute
primarily the AquaSolv™ product line with various other NuEarth
products over the life of the deal.
As a part of the agreement, NuEarth will provide Marko with a
supply of products on consignment for the first 6 months of the
agreement and Marko will commit to a minimum of $500,000 USD for
marketing; advertising and distribution costs for the regional
territory over the first 12 months of the agreement. Under the
terms of the agreement, Marko will also be offered as part of their
regional territory the sub-continent of India upon reaching a
minimum of $11 Million USD in gross sales over a 12 month sales
cycle starting after the first 6 month introductory and evaluation
period of the agreement.
NuEarth and Marko will cooperate on retail product certification
and have agreed to work together to secure support from key
regional wholesale and free trade zone services to better ramp the
expansion of the product distribution in the region. Both companies
will also work to ensure the continuation of NuEarth’s current
regional client product demands, and look to expand our customer
choices for applications of our products.
As a means of better supporting our new distribution partners,
NuEarth is pleased to announce the launch of our new web site. The
site represents a significant amount of research, analysis, and
design improvements over the previous site. Mr Rosalini, Investor
Relations Manager for NuEarth said, "The goal is to provide
visitors with information and an experience that is as compelling
as meeting a member of our staff in person. Our aim is for the
website to be a one stop shop for all things NuEarth."
The new web site houses basic Company information as well as
Product details. The site is brand new and the developers are busy
creating more unique content. The site will ultimately feature a
'Member's Only' area for video and document libraries, a place
where investors can ask questions, and special seminars will be
given. A forum will also be developed, where people can receive
advice, make friends and establish new contacts around the world
with NuEarth Staff. In the coming months, new site features will
include a multi-lingual and customizable page for distribution
members who can document their own experiences with our products
and services.
NuEarth is a company dedicated to bringing to market "Clean
Solutions to Complex Problems" by offering a wide range of
biodegradable, environmentally friendly products and technologies
that will substitute for many of the hazardous chemicals commonly
used all over the world. For information about NuEarth and its
product offerings visit us on the web at www.nuearthcorp.com.
This press release contains forward-looking statements regarding
NuEarth within the meaning of Section 27A of the Securities Act of
1933 as amended, as such, may involve risks and uncertainties. Such
statements are based on management's current expectations and
cannot be guaranteed. The forward-looking statements discussed in
this release may not occur and actual results could differ
materially as a result of known and unknown risk factors affecting
NuEarth. Forward-looking statements speak only as of the date on
which they are made and NuEarth undertakes no obligation to
publicly revise any forward-looking statement based on the result
of new information, future events, or otherwise.
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