iBrands Corporation Discusses Market Size for New Acquisition
20 2월 2014 - 10:30PM
Access Wire
Atlanta, GA / ACCESSWIRE / February 20, 2014 / iBrands
Corporation (OTCPink:IBRC), http://www.ibrandscorporation.com/, a
holding company targeting the merger and acquisition of niche
Internet-based brands positioned for rapid growth through proven
products, today discusses the market niche for its new acquisition
target, Ultra Image, LLC.
Ultra Image LLC is an Internet-based line of beauty and cosmetic
products from Europe that own the exclusive distribution rights for
the USA. The trademarked product lines are all natural and
gluten free targeting a specific niche market who suffer from
Celiac disease.
Celiac disease affects 1% of the population in the USA or
approximately 3.1 million people. Health.com (Oct 31, 2011) states,
“people with celiac disease are accustomed to being on the lookout
for gluten in their food, but they should also be aware of the
gluten lurking in their cosmetics and toiletries, researchers
warned Monday at a national meeting of gastroenterologists in
Washington, D.C”.
According to Global Insight (A Study of the European Cosmetic
Industry 2007), the size of the cosmetic industry in the USA in
2006 was $51.2 Billion. The average expenditure per capita on
cosmetics in the USA was $170.18 in 2006. Extrapolating this
per capita expenditure, the estimated market size for gluten free
cosmetics is approximately $527.6 million. Management believes
this number may be low due as there are another 40 million people
in the USA who are Gluten intolerant.
About iBrands Corporation
iBRANDS CORPORATION (“IBRC”),
http://www.ibrandscorporation.com/, is a publicly traded holding
company that acquires and operates niche market brands having
unique market positioning with substantial upside. Our strategy is
executed through the acquisition of proprietary brands having
unique market niches with substantial upside growth and providing
strong management. A common thread throughout our acquisitions
is the application of Internet technology to enhance revenues and
optimize margins.
SAFE HARBOR STATEMENT: Except for historical information
contained herein, the statements in this release are
forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Reform Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties, which may cause a company's actual results in the
future to differ materially from forecasted results. These risks
and uncertainties include, among other things, product price
volatility, product demand, market competition and risk inherent in
the operations of a company.
Contact:
iBrands Corporation
Investor Relations
Paul Smith, 1-866-595-1081
info@ibrandscorporation.com
Source: iBrands Corporation
iBrands (CE) (USOTC:IBRC)
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