MISSOULA, Mont., Oct. 25, 2004 (PRIMEZONE) -- Victor Industries (OTCBB:VICI) is pleased to announce that it is once again trading on the OTCBB.
Steve Salzburg, strategic consultant and soon to be appointed CEO of the company, speaking last week on Wall Street Net said: "We're back and better than before. Investors should take a fresh look at what we've accomplished while we were 'below the radar' on the pink sheets. Our web page is under construction to do justice to our new and expanded product offerings, but just as soon as we are able to communicate where we are today, our investors will quickly realize we are light years ahead of the company we were six months ago."
Our fastest way to profitability right now may be the sale of our high nitrogen formula Envirolizer N.(tm) to national sod companies. These companies have spent millions of dollars to marginally improve the draught resistant quality of their product. With the inclusion of Envirolizer N. in their seed beds, the sod companies will be able to market a thirty to fifty percent more draught resistant product than is currently available. Combined with the added benefit of not needing to fertilize the resultant sod for up to three years, strongly indicates Envirolizer N. will soon become an industry standard. That's not just our opinion: "Once a single producer offers sod incorporating Envirolizer N. to the consumers, other growers and distributors will have to follow or be left in the dust, literally," Richard Hall -- Landscape Locators LLC.
We have today received notification that Victor Industries has been "scheduled" with the GSA (General Services Administration) and we have extended our product range identifying sectors of the twenty-six billion dollar per annum market we can quickly penetrate.
As an example of finding a profitable niche amongst GSA purchasers, Victor Industries has forged a strategic alliance with one of America's premiere compost companies, who produces some 200,000 tons of compost per annum. We are half way through an approximately ninety day test regime with that company. Initial indications are that a ten percent inclusion of our product with theirs would offer significant advantages to their customers. With our GSA scheduling, we will be able to offer government purchasers a nutrient rich, draught resistant compost that has no need for further fertilization for as long as five years. Orders can be anticipated for highway and public works landscaping, national parks, and federal buildings. There is nothing like this product currently being marketed and you can be assured we will aggressively pursue this significant opportunity.
"Because of seeds already sown, Victor Industries can expect a steady growth of sales and increased profits early in the first quarter of next year, if not sooner. In our ad copy we like to say Envirolizer promotes optimum growth. In the last six months we have taken the principles of optimum growth and applied them to the company itself, establishing those fundamentals needed to succeed in what is undoubtedly a very bright future," said Mr. Salzburg. For more details, suggestions or comments call: Steven Salzburg, 1-800-949-1230