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KOMET marks milestone in its development by signing an agreement with National Canadian Retailer for $2.5 million in recurring annual sales

The agreement will enable Komet to sell its Aquadis branded products in the retailer's more than ...

articleBrunswick Exploration, Inc.March 19, 20083/company/brunswick-exploration-inc/news/komet-marks-milestone-in-its-development-by-signing-an-agreement-with-national-canadian-retailer-for-dollar25-million-in-recurring-annual-sales
KOMET marks milestone in its development by signing an agreement with National Canadian Retailer for $2.5 million in recurring annual sales

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[{"type":"text","content":"\n\n\n\nThe agreement will enable Komet to sell its Aquadis branded products\n\n\nin the retailer's more than 100 locations across Canada\n\n\nMONTREAL, March 19 /CNW Telbec/ - Mr. Marc Leblanc, President and Chief\nExecutive Officer of Komet Manufacturers Inc. "Komet" (TSX-V: AQD), is pleased\nto announce that the Company has signed an agreement for $2.5 million in\nrecurring annual sales a national retailer in Canada. Komet will supply its\nAquadis branded ready-to-assemble bathroom vanity collection to the retailer.\n\n\nThis new agreement gives Komet, a Quebec company listed on the TSX\nVenture Exchange since 2007, the opportunity to solidify and strengthen its\npresence in diverse markets throughout Canada.\n\n\n"We are obviously very pleased and enthusiastic to have been selected as\na supplier of a major retailer," said Mr. Leblanc. "Komet's vast collection of\neasy-to-assemble products, which blend beauty and affordability, is an ideal\nchoice for consumers or contractors. We are confident that the quality of our\nwide selection of products will fully satisfy our new business partner's\nclientele," he added.\n\n\nAbout Komet\n\n\nKomet, a Quebec corporation headquartered in Blainville, has been listed\non the TSX Venture Exchange since 2007. The Company specializes in designing\nand manufacturing bathroom furniture products, which are marketed under the\nAquadis brand name. Since the Company's launch, Komet has rapidly enjoyed\nsuccess in the home improvement market due to the quality, affordability and\nease-of-assembly of its wide range of bathroom furniture products. In Canada,\nKomet's market presence is assured by the distribution of its products in\nmultiple superstore outlets across the country. Thanks to its preferred access\nto numerous Asian suppliers, the Company is able to offer its complete product\nline at competitive pricing. Komet's furniture selection includes vanities,\nmirrors, medicine cabinets and linen cabinets, which are all available in\nseveral colours and models, allowing clients to personalize the collections.\n\n\n(x) The TSX Venture Exchange does not accept responsibility for the\n\n\nadequacy or accuracy of this release.\n\n\n%SEDAR: 00025587EF\n\n\n","length":2313,"tagName":"div"}]

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