VALENCIA, Calif., Nov. 20, 2015 (GLOBE NEWSWIRE) -- Envoy Group Corp (OTCBB: ENVV ) is pleased to announce it has entered into discussions to acquire Tryst Electronic Smoking Products (Tryst) the market leader in the Electronic Cigar industry and a maker of a full line of premier Electronic Smoking Devices.
Tryst offers an incredible array of disposable electronic smoking products consisting of E-Cigars, E-Cigarettes, E-Hookahs and E-Shisha. Tryst has focused extensively on quality and provides a large and unique variety of proprietary flavors and is the current market leader in the E-Cigar industry with their Rubusto and Panatella E-Cigars.
Envoy sees huge opportunity in the burgeoning electronic smoking product market. Within the last five years the demand has experienced over 20 times growth and to-date the electronic smoking device market has burgeoned to 1.7 billion in 2015. Industry analysts are expecting a further fivefold growth just within the next two years to nearly 10 billion. Envoy recognizes the incredible appeal of Tryst's diverse products to consumers and identifies they will become a leader in all spectrums of this marketspace.
Harp Sangha, Envoy's CEO and Chairman states, "We are incredibly pleased to be working with the Tryst management team. The Tryst products are state of the art and top of the line. The Tryst line of products are making rapid inroads to this expanding market and with Envoy we hope to quickly help the products develop domestically and globally."
For further information please see our investor profile available on our website: www.envoygroupcorp.com
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Harp Sangha Chairman/CEO Tel: 1-604-825-1309
