Paw4mance Pet Products International Inc. Plans Expansion of Its Toronto Operations to Serve the Large, Growing Number of Pet O
June 18 2013 - 7:05AM
Paw4mance® Pet Products International Inc. (OTC Pink:PAWP) (the
Company) is pleased to announce the planned expansion of its
Toronto Operations. The Economy is slow, but the pet industry is
booming! According to the latest numbers from the American Pet
Products Association
(http://www.americanpetproducts.org/press_industrytrends.asp) the
U.S. alone will spend an estimated $55.3 Billion Dollars on their
pets in 2013, of that number over $20 Billion Dollars will be
represented by the pet food sector. "Though families cut back on
their overall spending during the recession and ate out at
restaurants less, their spending on pet food remained constant"*.
Paw4mance® has formulated a "holistic" dog food blend that has
breeders and pet owners alike requesting it for their "furry
friends". Unlike other wheat based dog foods, "Our product is a
healthy alternative to the highly marketed far lesser quality
foods," stated Dennis dos Santos, President of Paw4mance®.
"Furthermore we will continue to roll out our product line in 2013
by contacting distributors and retailers alike."
The Company's offices, located at 259 Edgeley Blvd, Unit 2 in
Vaughan, Ontario will continue to serve as the Hub of
administrative, sales and order processing activity. The Company
plans to grow revenue by a combination of product line extensions,
marketing programs and sales force expansion.
In addition to its exclusive holistic pet foods, the Company
plans to add to its assortment of available Pet Products by adding
non-food products such as grooming aids, leashes and other
accessories. The Company will be expanding its e-store operation to
include on-line ordering with home delivery service within 24 hours
within selected Metropolitan areas.
To boost market awareness, the Company intends to launch an
advertising program designed to extend the customer base from the
current Greater Toronto area concentration to other cities in
South/Central Ontario. Marketing channels will include social media
as well as traditional print advertising delivered to the door.
To capitalize on the expanded marketing programs, the Company
plans to increase its sales force to reach potential customers in
person, supplemented by an in-house telemarketing program. Direct
selling efforts will target high-rise buildings with a significant
concentration of pet owners as well as locations where off-leash
pets are permitted.
Data sources and notes
- Food total is based on PFI research consultant Davenport Co,
BCC, Inc. plus Packaged Facts U.S. Pet Market Outlook 2011-2012,
and IBIS World 2012 Pet Food Analysis, Dillon Media February, 2012
trends report and Fountain Agricounsel 2011 - 2012 Situation
Analysis Report, BCC 2011 Report on Pet Care Products and Services
- * http://economy.money.cnn.com/2013/05/21/pet-spending/
The Company's Business:
Paw4mance® Pet Products International Inc., through its
subsidiary, distributes treats, toys, accessories and hygiene
products. Paw4mance® was founded in 1993, to develop and distribute
a naturally preserved (chemical free) holistic high end kibble free
of artificial flavours, colourings, and purposely added fillers
that offers superior value than current brands on the market.
Originally based in Ontario Canada, 2011 marks the Company's
expansion into the United States as well as other key markets.
Currently, the Paw4mance® umbrella contains and operates the
following brands: Paw4mance® holistic pet food (available in
Canada) and the soon to be released MOJO® brand of holistic pet
products. With several brands, products and services currently in
development, the Company is striving to position itself as a global
leader in the Pet food and pet services industry.
Visit us at: www.paw4mance.com
The Company trades on the OTC Pink tier of the OTC market.
Investors can find Real-time quotes and market Information for the
Company on: http://www.otcmarkets.com/stock/PAWP/quote
Forward-Looking Statements
Certain statements contained in the press release above 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. 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. The Company cannot guarantee its future results,
levels of activity, performance or achievements. The Company
disclaims any obligation or intention to update any forward-looking
statement.
CONTACT: Paw4mance(R) Pet Products International Inc.
Dennis dos Santos, President & CEO, 905-738-1997
info@paw4mance.com, www.paw4mance.ca
twitter: paw4mance pet@paw4mance
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