IDAHO FALLS, Idaho, April 28, 2005 (PRIMEZONE) -- Source Direct Holdings, Inc. (OTCBB:SDRT) announced today that the ATA Retail Services Stain Pen(tm) Twin Pack distribution has reached over 4,000 Major retail locations throughout the United States to include the following: Albertsons, Kroger, Safeway, Inc. and all Kmart Super Centers Nationwide.
ATA Retail Services started distribution of the Twin Pack Stain Pen(tm) to major retail outlets as a result of an agreement that Morgan Sampson and Source Direct entered in October 2004. The Agreement extends exclusive marketing and distribution rights to Morgan Sampson SCA and allows ATA Retail Services to manage and distribute the Twin Pack Stain Pen(tm) to major retail outlets utilizing more than 10,000 J Hook and Clip Strips in more than 5,600 retail outlets located throughout the United States.
Deren Smith, President said this: "As ATA Retail Services continues to bring visibility to our Twin Pack Stain Pen(tm) we are able to leverage other retail distribution relationships with our 3oz Stain Pen(tm) as well as other Simply Wow(r) Product lines."
Source Direct Holdings, Inc., headquartered in Idaho Falls with manufacturing in Draper, Utah, is a state-of-the-art cleaning technology company that manufactures and markets a proprietary line of all-purpose, all-surface, highly effective, non-toxic, biodegradable cleaning products to the multi-billion dollar consumer household, commercial, industrial and private label automotive cleaning products industry. Simply Wow(r) and Works On The Spot(r) are registered trademarks; and Stain Pen(tm) is trademark of Source Direct Holdings, Inc.
Forward-Looking Statements
Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are 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. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations and statements of future economic performance. Statements containing terms like "believes," "does not believe," "plans," "expects," "intends," "estimates," "anticipates" and other phrases of similar meaning are considered to imply uncertainty and are forward-looking statements.
Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from what is currently anticipated. Factors that could cause or contribute to such differences include those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission. The Company cannot guarantee its future results, levels of activity, performance or achievements.