(BSNS WIRE) Infotopia to Assume Revenues of $1,000,000 Per Week; Torso Tige
Infotopia to Assume Revenues of $1,000,000 Per Week; Torso Tiger to Begin
Transition to Infotopia
Business/Retail Editors
BOSTON--(BUSINESS WIRE)--August 1, 2000--Infotopia Inc.
(OTCBB:IFTP) announced today that it has met its primary contractual
obligations to begin the transition of the Torso Tiger infomercial to
the Company. The Torso Tiger has continued to produce between $800,000
to $1,000,000 in gross sales revenue per week since February 18th,
2000. The Torso Tiger infomercial has been rated as one of the top
infomercials running during the past several months according to
Infomercial Monitoring, Inc. and Retailing.org Magazine.
Ernest Zavoral, Chief Operating Officer of Infotopia, stated,
"With The Torso Tiger now hitting record weeks of one million in
revenue, it is a great time to make this transition. The Torso Tiger
infomercial has consistently been in the top ten infomercials for the
last few months. Infotopia should be able to report on the earnings
from this and other great products in the next few weeks. After that
we will keep our investors current on all of our revenues and
television timeslots on our website at infotopiainc.com."
The Torso Tiger management team has been preparing for the move
into Infotopia and are excited about the coming weeks. In June, when
the agreement was initially announced, Mark Levine, President of Torso
Tiger Inc stated, "The Torso Tiger's success is just beginning. In the
fall we will launch the Torso Tiger into retail, which will increase
our ability to reach consumers far beyond the infomercials. I believe
the Torso Tiger will have a life span for many years to come in retail
and television. Our management team looks forward to continuing the
success of Torso Tiger for Infotopia. We encourage the shareholders of
IFTP to learn more about the Torso Tiger by visiting our website at
torsotiger.com" Now Mr. Levine adds, "Infotopia is making
arrangements to take ownership of our inventory and media. This should
all be completed by August 15th. When we have the inventory in place
and the television time slots confirmed we will announce to the public
that the transition has been completed."
About Infotopia:
The Company's mission is to produce, market, and distribute an
expanding line of high-quality, innovative health, fitness and
consumer products. Infotopia seeks out products that deliver superior
value, outstanding quality, and competitive prices to best satisfy
customer demand. The Company markets its products to consumers through
a variety marketing channels, including infomercials, distributor
alliances, and Internet e-commerce. The management at Infotopia is
committed to increasing corporate revenues and profits.
This news release includes "forward-looking statements" that
include risk and uncertainties. The forward-looking statements in this
release are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially due to a variety of factors, including without limitation
the Company's ability to produce and market products and/or services
and other risks detailed from time to time in their Company's reports
filed with the Securities Exchange Commission.
--30--kms/bos*
CONTACT: Strategic Communications
Matthew Westfield
775-327-6215
KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: ENTERTAINMENT RETAIL TELEVISION/RADIO
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
(BSNS WIRE) Infotopia to Assume Revenues of $1,000,000 Per Week; Torso Tige
Infotopia to Assume Revenues of $1,000,000 Per Week; Torso Tiger to Begin
Transition to Infotopia
Business/Retail Editors
BOSTON--(BUSINESS WIRE)--August 1, 2000--Infotopia Inc.
(OTCBB:IFTP) announced today that it has met its primary contractual
obligations to begin the transition of the Torso Tiger infomercial to
the Company. The Torso Tiger has continued to produce between $800,000
to $1,000,000 in gross sales revenue per week since February 18th,
2000. The Torso Tiger infomercial has been rated as one of the top
infomercials running during the past several months according to
Infomercial Monitoring, Inc. and Retailing.org Magazine.
Ernest Zavoral, Chief Operating Officer of Infotopia, stated,
"With The Torso Tiger now hitting record weeks of one million in
revenue, it is a great time to make this transition. The Torso Tiger
infomercial has consistently been in the top ten infomercials for the
last few months. Infotopia should be able to report on the earnings
from this and other great products in the next few weeks. After that
we will keep our investors current on all of our revenues and
television timeslots on our website at infotopiainc.com."
The Torso Tiger management team has been preparing for the move
into Infotopia and are excited about the coming weeks. In June, when
the agreement was initially announced, Mark Levine, President of Torso
Tiger Inc stated, "The Torso Tiger's success is just beginning. In the
fall we will launch the Torso Tiger into retail, which will increase
our ability to reach consumers far beyond the infomercials. I believe
the Torso Tiger will have a life span for many years to come in retail
and television. Our management team looks forward to continuing the
success of Torso Tiger for Infotopia. We encourage the shareholders of
IFTP to learn more about the Torso Tiger by visiting our website at
torsotiger.com" Now Mr. Levine adds, "Infotopia is making
arrangements to take ownership of our inventory and media. This should
all be completed by August 15th. When we have the inventory in place
and the television time slots confirmed we will announce to the public
that the transition has been completed."
About Infotopia:
The Company's mission is to produce, market, and distribute an
expanding line of high-quality, innovative health, fitness and
consumer products. Infotopia seeks out products that deliver superior
value, outstanding quality, and competitive prices to best satisfy
customer demand. The Company markets its products to consumers through
a variety marketing channels, including infomercials, distributor
alliances, and Internet e-commerce. The management at Infotopia is
committed to increasing corporate revenues and profits.
This news release includes "forward-looking statements" that
include risk and uncertainties. The forward-looking statements in this
release are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially due to a variety of factors, including without limitation
the Company's ability to produce and market products and/or services
and other risks detailed from time to time in their Company's reports
filed with the Securities Exchange Commission.
--30--kms/bos*
CONTACT: Strategic Communications
Matthew Westfield
775-327-6215
KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: ENTERTAINMENT RETAIL TELEVISION/RADIO
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com |
