OPHI!!! Organic Plant Health, Inc. Announces New Exclusive Distribution Agreement for Southern United States and South America. Corpotool, LLC agrees to introduce OPHI products to its 9,000+ distribution points.
PR Newswire
CHARLOTTE, N.C., July 16, 2012
CHARLOTTE, N.C., July 16, 2012 /PRNewswire/ -- Organic Plant Health, Inc. (OTCQB: OPHI), a manufacturer and distributor of organic-based, hybrid and environmentally responsible fertilizers, soil conditioners and pest controls, is pleased to announce that it has entered into an exclusive distribution agreement with Corpotool LLC.
Based in South Florida, Corpotool is a 3rd generation family business that has been distributing high quality tools and other hardware store supply products for nearly 80 years. Corpotool currently distributes products to over 9,000 retail stores throughout the Southern United States, South America and the Caribbean.
"I cannot overstate how great this opportunity is for our company," said Billy Styles, Organic Plant Health President and CEO. "This exclusive distribution agreement will introduce products to over 9000 new retail outlets in several countries. There is no way to accurately assign a dollar figure to this transaction at this time, other than to say that the potential revenue to our company could be a significant boon for Organic Plant Health. Corpotool is an excellent company with a rich history and a fine reputation. We feel very fortunate to have them representing Organic Plant Health products to their customers."
Paul Batista, President and CEO of Corpotool, LLC commented, "We are very excited to enter into this agreement and we look forward to introducing Organic Plant Health's line of products to our retail customers in the coming weeks and months." Mr. Batista further commented, "This is not only an excellent opportunity for Corpotool but also for our customers that will now be given the chance to incorporate Organic Plant Health's product line to their product offering."
Recently, Billy Styles personally visited Corpotool's headquarters in Florida to provide training to their senior sales and management personnel regarding Organic Plant Health's mission and products. Regarding the visit, Mr. Batista commented, "We were all very impressed with Billy's vast knowledge and the simplicity and logic behind the concepts he and his company teach. We firmly believe the Organic Plant Health system has the potential to explode the lawn and garden fertility market in the U.S. and South America and we are very happy to play a part in that expansion."
About Corpotool, LLC
Corpotool LLC is a tool and hardware distributor incorporated in Fort Lauderdale, Florida, USA. Corpotool distributes the wide range of Truper, Pretul and Ultra trademark tools throughout the United States, Brazil, and the Caribbean.
Truper is the leading company in Mexico in the production, distribution, and commercialization of tools and products in the hardware industry. Truper and Pretul products compete successfully in more than 30 international markets in the United States, Europe, Asia, and Latin America. Truper's 48-acre production and distribution center in Jilotepec, Mexico is ranked:
•No. 1 manufacturer worldwide of sledge hammers, pick mattocks and axes
•No. 2 manufacturer worldwide of shovels and long handle tools
•No. 3 manufacturer worldwide of wheelbarrows
•Only one of a kind Advanced Quality Center in Latin America, on an equal basis with the world's most modern labs in the hardware industry.
About Organic Plant Health
Based in Charlotte, NC, Organic Plant Health, Inc. (OTCQB: OPHI), provides organic-based, natural and environmentally responsible fertilizers, soil conditioners, herbicides, insecticides and fungicides for the continual care of residential and commercial landscapes.
Organic Plant Health brand products are currently sold in a variety of independent retail locations across North and South Carolina, including hardware stores, garden centers and plant nurseries. Key customers using Organic Plant Health products include environmentally conscious do-it-yourself homeowners and commercial landscape companies; secondary markets served include real estate development companies, vineyards and agriculture.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Organic Plant Health takes no obligation to update such statements.
CONTACT:Investor Relations: Ph. (704) 745-OPHI (6744) E-mail: investorrelations@organicplanthealth.com Facebook: www.facebook.com/organicplanthealth YouTube: www.youtube.com/organicplanthealth
SOURCE Organic Plant Health, Inc.
