FNHI APPLICATIONS COVER MOST POPULAR PRODUCTS -- TRI FOLD QUATTRO AND FORTE TONNEAU COVERS
Toronto, Ontario, Canada, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Franchise Holdings International, Inc. (OTCQB: FNHI), the parent company of Worksport LTD Inc., has progressed to the second stage of the U.S. Patent process for its three most popular products Tri Fold and Quattro as well as the anticipated Alpha Helios truck bed tonneau covers. FNHI CEO Steven Rossi believes that these applications will greatly increase shareholder value, once granted as expected by the company.
FNHI to enhance shareholder value and file three more patent applications in 2018 – total of 10 in near future
FNHI also will file three new patent applications in 2018 that will adapt its proprietary and patented products for new markets. These include new revenue streams from its growing private label business. There have been continued private label orders from a Canada-wide automotive master warehouse distributor. A major purchaser of private label tonneau/truck bed covers in the U.S. recently has also begun discussions with Worksport.
“When people think of companies to invest in, they often value a company by its patents,” said Rossi. “We have three under review, three more to be filed, and others that will bring us to 10 in the near future. Rossi committed to the 10 patents in his most recent public investor conference. What is growth in business will be determined by the way our proprietary and patented products enhance several revenue streams and achieve ambitious growth targets.”
Franchise Holdings International will update investors continually about investment news, its growth strategy and updates on its patent and trademark applications.
Forward-Looking Statements
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About Worksport
Worksport is an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for light trucks like the F150, Sierra, Silverado, Canyon, RAM, and Ford F-Series. Worksport is a fully owned subsidiary of Franchise Holdings International and currently the main revenue force.
About Franchise Holdings International
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