SOHM, Inc. Taps CART to Support Their Entry Into the US OTC Retail and Convenience Marketplace
February 20 2014 - 9:15AM
Marketwired
SOHM, Inc. Taps CART to Support Their Entry Into the US OTC Retail
and Convenience Marketplace
BUENA PARK, CA--(Marketwired - Feb 20, 2014) - SOHM, Inc.
(PINKSHEETS: SHMN), a generic pharmaceutical, nutraceutical and
cosmeceutical manufacturing company, today announces the tie up
with the Center for Advancing Retail Technology to assist in their
marketing and distribution into the US OTC Retail and Convenience
Marketplace.
Shailesh Shah, president and CEO of SOHM, stated, "CART has the
marketing expertise that we were looking of as we evaluated various
channel opportunities into the US OTC retail and convenience Multi
National Retail Markets." CART will be testing various products
over the next three months to determine the best product
configuration product mix and distribution channels in an effort to
have SOHMED™ products CART Registered for NGA status. The
engagement includes test marketing, case study preparation and an
on-going commitment to marketing SOHM products. SOHM views the
relationship with CART as a critical strategic relationship for
their OTC and nutraceutical product lines. "CART is excited to
be working with SOHM to optimize their retailer sell-through," said
Sterling Hawkins of the Center for Advancing Retail. "Making high
quality and innovative pharmaceutical, cosmeceutical and
nutraceutical private label products accessible in the retail space
will be a win for stores, wholesalers and consumers alike."
ABOUT SOHM, Inc. SOHM, Inc. is a generic pharmaceutical
manufacturer that produces and markets generic drugs covering all
major treatment categories. Besides generic drugs, SOHM also has
manufacturing facilities for food supplements and cosmetics. The
Company has global headquarters located in California, U.S., with
manufacturing facilities in India. SOHM exports generic
pharmaceuticals worldwide, placing a heavy focus on distribution in
emerging markets in Africa, Latin America, and Southeast Asia. For
more information visit the company's website at: www.sohm.com
ABOUT CART The Center for Advancing Retail & Technology
(http://advancingretail.org) and NGA National Grocers Association)
have partnered to connect its members to the NGA Solution Center
and the NGA Innovation Center, which helps them gain access to
research, innovative and mission-critical technology solutions
while providing valuable guidance and best-practices.
SAFE HARBOR STATEMENT This press release contains statements,
which may constitute "forward-looking statements" within the
meaning of the Securities Act of 1933 and the Securities Exchange
Act of 1934, as amended by the Private Securities Litigation Reform
Act of 1995. Those statements include statements regarding the
intent, belief or current expectations of SOHM, Inc., and members
of their management as well as the assumptions on which such
statements are based. Prospective investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those contemplated by such
forward-looking statements. Important factors currently known to
management that could cause actual results to differ materially
from those in forward-statements include fluctuation of operating
results, the ability to compete successfully and the ability to
complete before-mentioned transactions. The company undertakes no
obligation to update or revise forward-looking statements to
reflect changed assumptions, the statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results.
For More Information Contact SOHM, Inc. Investor Relations
714-522-6700
SOHM (PK) (USOTC:SHMN)
Historical Stock Chart
From Oct 2024 to Nov 2024
SOHM (PK) (USOTC:SHMN)
Historical Stock Chart
From Nov 2023 to Nov 2024