Hey, some great news from the MLRE front.
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Millionaire.com forms alliance with Kable News
HILTON HEAD, S.C., June 14 /PRNewswire/ -- Millionaire.com (OTC Bulletin Board: MLRE)
Millionaire magazine, a division of millionaire.com (OTC BB: MLRE) and Kable Distribution Services, a division of Kable News Company, a formidable international magazine distributor, have signed an agreement for retail distribution. Robert L. White President and CEO of millionaire.com, and James W. Roberts, Vice President of Kable Distribution Services made the announcement today.
Kable Distribution Services, one of the nation?s leading magazine distributors, coordinates the delivery and sale of 400 U.S. titles to approximately 100 export accounts in more than 70 countries. Kable represents titles in all categories of interest including lifestyle, automotive, comics, romance and sports.
Today?s announcement marks a joint association between Millionaire magazine and Kable, beginning with the upcoming August issue featuring an exclusive interview with Bo Derek who appears on Millionaire?s cover.
White said, ?By teaming with Kable we will reinforce our commitment and presence in the industry to insure that our magazine receives exemplary distribution and service while expanding our marketing and readership base. The alliance increases our position in the market place by 25%.
David Strong, Senior Vice President of Millionaire magazine said, ?we anticipate that Kable will serve both our magazines and clients well. Kable pledges the highest level of customer service, offering hands-on guidance in the field they know best. Through their experienced staff they will guide us through the expansion and maintenance of our title. ?
Rich Porter President and Senior Consultant of AIMM, Advocates In Magazine Marketing, INC. is Millionaire?s consultant for distribution. He has supervisory responsibility for forecasting functions as well as reports for response market penetration and managing the ever-changing newsstand market. "The joint alliance with Kable is an important one for us," states Rich Porter. "It will broaden our circulation and distribution which equates to increased income for Millionaire magazine in two fronts, retail and subscription sales.?
?Kable is a diversified, international sales and marketing organization for the world?s leading magazines, books and specialty products. It provides us with comprehensive sales, potential revenue opportunities, marketing strategies and promotional services through a network of venues, including mass market, direct to retail and specialty channels?, White explained.
About Millionaire.com
Millionaire.com, based in Hilton Head, S.C., is a leader in the luxury marketplace in servicing affluent buyers through its diverse product offerings, including:
-- Millionaire magazine
-- E commerce at Millionaire.com
-- Global Auctions
At www.millionaire.com, consumers who share a passion for "the very best the world has to offer" can easily access upscale goods and services, purchase high-end items, and reference content relevant to the millionaire lifestyle.
Certain statements in this news release contain forward-looking information within the meaning of the Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks, assumptions and uncertainties, including the inability to generate and secure the necessary product sale, or the lack of acceptance of the company's products by its customers. In each case actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or modified) will not be realized.
SOURCE Millionaire.com
CONTACT: Ken Costanzo, Investor Relations of Millionaire.com, 864-370-2701, or investors@millionaire.com |
