TORONTO, Aug. 15, 2005 (PRIMEZONE) -- EYI Industries, Inc. (OTCBB: EYII) (www.stopdrinkingpoison.com) is pleased to announce it has retained the services of AGORA Investor Relations Corp. ("AGORA") (http://www.agoracom.com) to provide investor relations services.
The objective of this agreement is two-fold. First, to create effective communication between EYI, it's shareholders and the investment community through AGORA's Internet based investor relations system. Effective immediately, a customized and monitored EYI IR HUB (http://www.agoracom.com/IR/EYI) will allow both EYI and AGORA to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to the EYI broker fact sheet, company profile, five most recent press releases, e-mail list registration, latest stock quote and chart information and an executive audio address updated quarterly. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussions about the Company that is free of spam, bashing, hyping and profanity.
Second, AGORA will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.
EYI President and CEO, Jay Sargeant, stated, "With recent developments and other projects, we believe the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORA fulfills our need to manage and execute an IR strategy in a cost efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and Company will benefit greatly from near real-time communications, regularly planned updates and increased exposure."
For all future EYI investor relations needs, investors are asked to visit the EYI IR Hub at http://www.agoracom.com/IR/EYI where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to EYII@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
Under the terms of the 12-month agreement, AGORA will be provided with a monthly cash compensation component. In addition, EYI Industries will provide AGORA with 350,000 warrants, exercisable only after 12 months of service. This agreement has been negotiated entirely at arm's length. AGORA is located in Toronto, Ontario.
About AGORA Investor Relations Corp. http://www.agoracom.com http://www.AgoraIR.com
AGORA Investor Relations Corp. (AGORA) is North America's leading outsourced investor relations firm for small-cap companies. AGORA's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. The digital delivery of investor relations also provides public companies with savings over traditional services ranging from 50-60%.
AGORA has specialized in small-cap investor relations since 1997 and is the exclusive provider of all content to the AOL Small Cap Channel.
About EYI Industries, Inc.
EYI Industries Inc., through our subsidiary Essentially Yours Industries, Inc. (EYI), markets products that promote health and well-being. Recently, EYI launched a consumer product that removes Arsenic and other contaminates to a negligible level from drinking water. The portable water filtration product's name is Code Blue(tm) and is exclusively provided to EYI. In addition, EYI sells dietary supplements and personal care products. A large portion of our sales are from CALORAD(r), a liquid protein supplement that has brought weight loss benefits to our customers. More than six million bottles of CALORAD(r) have been sold since EYI was founded in 1995. Our newest product, PROSOTEINE, is experiencing similar success to CALORAD(r) and bringing our customers the benefits of a natural energy drink.
EYI markets its products through an extensive network of independent business associates. Our sales force is staffed by knowledgeable, experienced men and women and supported by our comprehensive training programs.
The statements made in this press release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.