To: tradesman who wrote (2118 ) 12/1/1997 11:25:00 AM From: wlheatmoon Read Replies (1) | Respond to of 11708
Here's the news. tradesman, if you want out, adios. Coconino's Ad-HaTTeRs Joins Forces With Industry Leader to Stock Shelves of Sears' Western Auto Stores CENTENNIAL PARK, Ariz., Dec. 1 /PRNewswire/ -- Coconino SMA, Inc. (OTC Bulletin Board: CSMA - news) announced that its wholly-owned subsidiary, Ad-HaTTeRs, Inc. has reached a co-marketing and distribution agreement with an undisclosed major air freshener company that leads the market in the manufacture, sale, and distribution of automotive air freshener products. Approximately 33,000 of Ad-HaTTeRs' ''cowboy hat'' air fresheners have been ordered initially to stock the entire national chain of some 450 Western Auto stores operated by the Western Auto Supply Co., including 30+ stores in Puerto Rico. An additional 900 franchised Western Auto ''associate'' stores will be offered a plan-a-gram for Ad-HaTTeRs' products. ''This new marketing partnership is a tremendous achievement for Ad- HaTTeRs,'' according to David Timpson, Ad-HaTTeRs' president, ''It is the result of several months of discussion and planning, and the enthusiastic response Ad-HaTTeRs received at the recent AAIW tradeshow trade show in Las Vegas.'' [See previous Coconino release, November 15, 1997]. ''Dennis Stilwell, our national marketing executive, worked closely with the other company's sales staff to accommodate their needs, as well as provide Western Auto with highly attractive air fresheners for its in-store displays. We look forward to a strengthening and mutually-rewarding relationship with this company and its vendors.'' Distribution through this major air freshener supplier opens many doors for Ad-HaTTeRs' products because they can provide Ad-HaTTeRs with one of the largest domestic distribution channels for this type of product. Further information about the details of the agreement between Ad-HaTTeRs and this major air freshener company will be disclosed at a later date. Western Auto Supply Co. -- a wholly-owned subsidiary of Sears, Roebuck & Co. (NYSE: S - news) and a part of the Sears Automotive group -- operates 450 Western Auto company-owned stores and 900 Western Auto associate stores from its headquarters in Kansas City, Missouri. The Sears Automotive Group is the nation's largest retailer of tires and batteries, which includes the Sears Auto Center and a number of other related subsidiaries. AdHaTTeRs' parent company, Coconino SMA is a diversified company involved in the consumer products and services and natural resource industries through four subsidiaries: Ad-HaTTeRs manufactures and markets unique air fresheners in the form of cowboy hats and boots, ski caps, angel replicas, and the newly introduced ''Dream Catcher.'' Coconino Oil & Gas has an interest in a productive oil well in northeastern Utah. Enviro-Tec owns and operates a class D Type II disposal well, also in northeastern Utah. And LPS, Ltd. specializes in financial education; debt consolidation and repayment acceleration; and wholesale mortgage banking. Safe Harbor Act Disclaimer: This release may contain forward looking statements that involve risks and uncertainties, including, without limitation, continued acceptance of the company's products and services, increased levels of competition, new products and technological changes, the company's dependence upon financing, third-party suppliers and intellectual property rights, and other risks detailed from time to time in the company's federal filings, annual report, offering memorandum, or prospectus. SOURCE: Coconino SMA, Inc. MChen