BEND, Ore., June 12, 2012 (GLOBE NEWSWIRE) -- U.S. Rare Earth Minerals, Inc. (OTCQB:USMN) announced today that the company has entered into a Distribution Agreement with Willamette Valley Vineyard Services of Sherwood, Oregon to distribute its line of EXCELERITE™ products in Oregon. "The decision to partner with U.S. Rare Earth Minerals Inc. was based on our test, conducted on 200,000 vines at our nursery division," stated Steve Shore, Operations Manager. "We used ½ lb. per plant on 25 acres and the results have been amazing. The EXCELERITE® treated plants advanced 80% over the non-treated plants over a two-month period. Dennis Cullison, President of USMN, stated, "This new ten-year distribution agreement calls for a minimum of $322,000 in EXCELERITE® purchases over the next three years. It also gives us the opportunity to penetrate Oregon's thriving viticulture industry."
About Willamette Valley Vineyard Services
Willamette Valley Vineyard Services (WVVS) is located in Sherwood, Oregon. The company is a consultant to vineyard operators as well as a grower. They also operate a nursery division named "Oregon Wine Grapes Nursery." WVVS is a specialist in the Biodynamic/Organic wine grape industry throughout Oregon. (Biodynamic means the farmers strictly avoid all chemical pesticides, fertilizers and transgenic contamination.) WVVS also guides farmers through the Demeter Certified Biodynamic Certification. Demeter Association, Inc. (www. demeter-usa.org) is the only internationally recognized Biodynamic certifier. WVVS operates a website at www.willamettevalleyvineyardservices.com.
About U.S. Rare Earth Minerals, Inc.
U.S. Rare Earth Minerals, Inc. (USMN) is engaged in the sales and distribution of products derived from the Company's mining activities in Nevada. Products of USMN consist of natural rare earth minerals for agricultural products as well as for animal and human consumption, all sold under the brand name EXCELERITE®. Customers of USMN include some of the world's most widely recognized companies that have well known consumer brands. USMN is headquartered in Bend, Oregon and has executive offices in Las Vegas, Nevada. The company maintains a web site at: www.us-rem.com.
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of U.S. Rare Earth Minerals, Inc., and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.