BURNABY, British Columbia, Sept. 25, 2006 (PRIMEZONE) -- EYI Industries Inc. ("EYI") (OTCBB:EYII) (http://www.eyicom.com), a marketer of products that promote well-being and a healthy lifestyle, is pleased to announce that on September 20, 2006 its wholly-owned subsidiary, Essentially Yours Industries (International) Limited ("EYIINTL"), signed a definitive agreement (the "Agreement") with Orientrends, Inc. ("Orientrends") to become the exclusive agent and qualified distributor for the sale of EYI products in the Philippines. The Agreement is for a term of five years commencing January 1, 2007 and renewable for consecutive one year periods provided that Orientrends meets the $1,000,000 minimum purchase requirements.
EYIINTL President & CEO, Mr. Dori O'Neill stated, "I am pleased that we have completed the Agreement with Orientrends to open EYI for the people of the Philippines. The official launch date is currently scheduled for January 19, 2007. I believe the Philippines is an ideal country to market EYI's products. With English being an official language and the close ties to the United States, most of the materials necessary to commence marketing have already been created. In most instances only small modifications will be required to use these marketing materials for the Philippine market."
Mr. Raul Bautista of Orientrends stated, "We are very pleased to have successfully entered into an Agreement to become the exclusive agent and qualified distributor for EYI. Since the announcement of the Letter of Intent we have received numerous inquiries from individuals interested in getting involved with selling the EYI product line. This, along with the ever growing challenge with obesity in the Philippines, I believe will help to make the launch of the EYI product line a success in the Philippines. We have already commenced the process of registering EYI's products."
This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit the EYI Industries IR Hub located at http://www.agoracom.com/IR/EYI. Alternatively, investors can e-mail AGORACOM Investor Relations directly at EYII@Agoracom.com.
About EYI (http://www.StopDrinkingPoison.com)
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 reduces 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(r), 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 are supported by our comprehensive training programs.
The EYI Industries Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2202
This press release contains forward-looking statements, particularly as related to, among other things, EYI's product purchase agreements and EYI's business strategy. The words or phrases "would be," "will allow," "intends to," "may result," "are expected to," "will continue," "anticipates," "expects," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers" or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. Such forward-looking statements are based on current expectations, involve known and unknown risks, a reliance on third parties for information, transactions or orders that may be cancelled, and other factors that may cause EYI's actual results, performance or achievements, or developments in its industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties related to the enforceability of its product purchase contracts in foreign countries, the performance of EYI's staff, management, financing, competition, EYI's ability to implement or manage its expansion strategy, general economic conditions and other factors that are detailed in EYI's Annual Report on Form 10-KSB and on documents EYI files from time to time with the Securities and Exchange Commission. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. EYI cautions readers not to place undue reliance on such statements. EYI does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement. Actual results may differ materially from the EYI's expectations and estimates.