NEW YORK, June 1, 2015 /PRNewswire/ -- Breathe eCig Corp.
(OTCQB: BVAP) ("Breathe" or "the Company"), the electronic
cigarette industry innovator and pioneer focused on the elimination
of second hand smoke, today announced that it has secured a
comprehensive commercial general liability insurance policy from A-
rated Kinsale Insurance Company ("Kinsale"). Under terms of
this 12 month policy, Kinsale has categorized Breathe as
"Manufacturer of Electronic Cigarettes" and the policy carries a
General Aggregate Limit of $2,000,000
USD with an Each Occurrence Limit of $1,000,000 USD. As the Company grows and
expands its operations, it may decide that additional insurance
policies are necessary to further protect the interest of
shareholders and stakeholders alike.
In addition the Company has put into place a Directors and
Officers ("D & O") insurance policy with A rated insurance
company American International Group ("AIG"). Under terms of
this 12 month policy, AIG provides D & O coverage of
$2,000,000 USD Aggregate Coverage as
well as $500,000 USD coverage
pertaining to Securities, Employment Practices and All Other Loss
Retention. The retention of this D & O insurance policy
enables the Company to attract highly qualified corporate
executives as well as board members.
Breathe's CEO Josh Kimmel
commented, "The Company is pleased to have this important product
liability insurance policy in place prior to its upcoming product
launches in the New York City
Metropolitan area as well as Eastern Tennessee. Breathe has
produced nothing but the highest quality products possible with an
emphasis on quality control and safety during both the design and
manufacturing processes. The Company is very excited about
the launch of its second generation product to the New York City Metropolitan area market and
will continue to update shareholders on a regular basis."
About Breathe eCig Corp.
Breathe was founded in 2012 as a research and development
company in Knoxville, Tennessee
with the mission to develop a better e-cigarette than was available
on the market. Now holding multiple patents (pending) for its
groundbreaking product, BVAP, Breathe is not your typical e-cig
manufacturer. With a commitment to remaining socially responsible
through innovative product development, consumer outreach and
education, Breathe challenges the e-cig industry establishment. To
find out more, visit www.breathecig.com.
DISCLAIMER <<Caution Concerning Forward
Looking Statements>>
This press release contains statements that are
"Forward-Looking" in nature (within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended). All statements
regarding the Company's financial position, potential, business
strategy, plans and objectives for future operations are
Forward-Looking statements. Many of these statements contain words
such as "goal," "aims," "may," "expect," "believe," "intend,"
"anticipate," "estimate," "continue," "would," "exceed," "should,"
"steady," "plan," "potential," "dramatic," and variations of such
words and similar expressions identify Forward-Looking statements,
but their absence does not mean that a statement is not a
Forward-Looking statement. Because Forward-Looking statements
involve future risks and uncertainties, there are many factors that
could cause actual results to differ materially from those
expressed or implied. The Company cannot predict the actual effect
these factors will have on its results and many of the factors and
their effects are beyond the Company's control. Any forward-looking
statement made by the Company speaks only as of the date on which
it is made. The Company is under no obligation to, and expressly
disclaims any obligation to, update or alter its forward-looking
statements, whether as a result of new information, subsequent
events or otherwise. Given these uncertainties, you should not rely
too heavily on these forward-looking statements.
Information for the Educated Investor
For further information regarding these and other risks related
to Breathe eCigs' business, investors should consult Breathe eCigs'
filings with the Securities and Exchange Commission, available at
www.sec.gov.
Contact:
Mr. Joshua Kimmel
Chief Executive Officer
Tel: +1(800) 905-4014
Local: +1(865) 281-1330
josh@breathecig.com
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SOURCE Breathe eCig Corp.
