TrimFast Group, Inc. Announces Letter of Intent with WCW Wrestling
TAMPA, Fla.--(BUSINESS WIRE)--June 17, 1999--TrimFast Group, Inc. (OTC BB:TRIM) announced today the completion of their newest product line, the WCW/NWO Ultra Energy Bars. TrimFast has entered into a letter of intent with Leisure Concepts, the licensing group for WCW Wrestling. WCW/NWO is backed by Turner Broadcasting and Time Warner, Inc., (NYSE:TWX - news) the two most influential and powerful names in
entertainment. TrimFast Group, Inc. and Leisure Concepts are expected to complete the definitive agreement by July 1, 1999.
The new WCW/NWO Ultra Energy Bars may feature some of today's hottest wrestling stars like ''Hollywood'' Hulk Hogan, Bill Goldberg, ''Nature Boy'' Rick Flair and many more. WCW Wrestling reaches 33 million viewers per week and is the top rated basic cable program in its time slot.
The WCW/NWO Ultra Energy Bars will be the first of its kind and is anticipated to increase TrimFast Group, Inc. revenues approximately 22% by the fourth quarter of 1999.
President & CEO of TrimFast Group, Inc., Michael J. Muzio commented, ''With the diversity of viewers who watch WCW Wrestling of which 51% are men age 18 and up, 25% being women age 18 and up and 24% are children ages 2-17, the new WCW/NWO Ultra Energy Bars will attract a vast array of consumers in all markets.
WCW/NOW Ultra Energy Bars will debut on www.NutritionCafe.com, the Internet's hottest new nutrition, health, and lifestyle community.
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