Published: March 06, 2006
Source Direct Successfully Expands Into Canadian Market
Source Direct Holdings, Inc. (OTC BB: SDRT)
is pleased to announce it has successfully expanded into the thriving
Canadian market, with a new Canadian agent and confirmed orders shipping
March 9, 2006, to "Canada's original discount store." Army & Navy
Department Stores Ltd. (www.armyandnavy.ca) operates stores in Downtown
Vancouver, BC; New Westminster, BC; Langley, BC; Calgary, Alberta; and
Edmonton's historic Strathcona District, as well as a new 60,000 sq. ft.
store in Edmonton's popular Londonderry Mall, both in Alberta.
Source Direct's flagship products, Simply WoW® organic cleaner, Simply
WoW® Odor Annihilator, and the hugely popular Stain Pen® will all be
included in the Army & Navy launch.
Successful penetration of the Canadian market comes after the signing of
Bridgeworks Marketing & Sales, Inc. () as the
company's exclusive Canadian agent. With over 15 years of industry
experience in marketing and selling to a variety of retailers, wholesalers
and industrial accounts across Canada, Bridgeworks delivers a proven track
record to the Source Direct team. As a national company, Bridgeworks
provides Source Direct with instant coast-to-coast access to the diverse
Canadian market.
"We are thrilled with the rapid success of our new Canadian agents. Their
professional, aggressive approach to market expansion is a perfect match
with the dynamic efforts and huge distribution growth in our own U.S.
markets. We see Army & Navy as an ideal launching pad for our flagship
products and are preparing for the increasing demands that await us with
Canadian retailers," stated Deren Smith, CEO and President of Source
Direct.
Source Direct Holdings, Inc. is aggressively expanding into new and highly
effective channels of distribution with innovative, proven products that
successfully compete with national brands through superior quality and
attractive price points. Source Direct is a state-of-the-art cleaning
technology company headquartered in Idaho Falls, Idaho, with manufacturing
facilities in Nampa, Idaho. The company manufactures and markets a
proprietary line of all-purpose, all-surface, highly effective, non-toxic,
biodegradable cleaning products to the multi-billion dollar consumer
household, commercial, industrial and private-label automotive cleaning
products industries. Simply Wow® is a registered trademark; Stain Pen®
and "Works On The Spot®" are trademarks of Source Direct Holdings, Inc.
For more information on the company's many unique and effective products
already in distribution, visit their web site at www.simplywow.com
Forward-Looking Statements
Certain statements contained in this press release 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. Statements containing terms like "believes," "does not
believe," "plans," "expects," "intends," "estimates," "anticipates" and
other phrases of similar meaning are considered to imply uncertainty and
are forward-looking statements. 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. Factors that could cause or contribute to such differences
include those discussed from time to time in reports filed by the Company
with the Securities and Exchange Commission. The Company cannot guarantee
its future results, levels of activity, performance or achievements.
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