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E-Commerce Web Site for Herbal and Nutritional Supplements Created by CVF Technologies Corporation
LEWISTON, N.Y., Dec. 23 /PRNewswire/ -- CVF Technologies Corporation (Amex: CNV - news) today announced that its Elements subsidiary will launch a fully interactive E-Commerce Web site for the sale of nutritional and herbal supplements, currently a $12 billion per year market, with 60 million Americans currently using such products. The site is in its test phase now and should be fully operational by March of 1999.
Jeffrey Dreben, CVF Technologies' President and Chief Executive Officer states that ''the uniqueness of this site will be its emphasis on education. Every product sold will be fully described, including a description of its efficacy and the pros and cons of the product. Our emphasis will be to allow the consumers to get through the maze of product choices, thereby identifying the products that best fit their needs. We feel the Internet is the perfect vehicle to educate the public on their choices and then have the product delivered to their door.''
CVF Technologies Corporation, headquartered in Lewiston, N.Y., is a technology development company whose principal business is selecting, developing and managing emerging companies with proprietary or patented technologies and significant market potential. Ecoval Inc. and RDM Corporation, two of its other companies, are also developing E-Commerce activities for the Internet.
Certain statements made in this press release which are not historical facts are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these statements involve risks and uncertainties, which may cause actual results or achievements to be materially different from any future results or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to, product demand and market acceptance risks for the products and technologies of CVF's subsidiary companies and investees; the impact of competitive products, technologies and pricing; delays or difficulties in developing, producing, testing and selling new products and technologies; the ability of the company's subsidiaries and investees to obtain necessary financing for their operations and to consummate initial public offerings of their stock; the effect of the Company's accounting policies; the effect of trade restrictions and other risks detailed in the company's Statement on Form 10-SB/A filed with the U.S. Securities and Exchange Commission and any subsequent filings with the Commission.
For more information on CVF Technologies Corp. via facsimile at no cost, dial-1-800-PRO-INFO and enter the company code -- CNV, or visit our web site at www.cvfcorp.com. |