Applewoods Announces the Establishment of Asquith & Somerset.CLEVEDON, United Kingdom--(BUSINESS WIRE)--July 17, 1998--Applewoods Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :APWD APWD Annular Pressure While Drilling (oil and gas industry) ) announced the establishment of Asquith & Somerset as a new division for retail distribution. At the recent Cosmoprof Show in Bologna, Italy, Applewoods unveiled its new Asquith & Somerset brand. "At the request of several of our Applewoods Licensees who maintain the capability to distribute products to the general trade, we have developed the new Asquith & Somerset brand. Asquith & Somerset is to be established as a new division with the objective of producing exciting innovative products for general retail distribution," said Roger M. Buoy, Chairman & C.E.O. of Applewoods Inc. "Our initial release is comprised of four new product lines directed at different market groups." The new lines are: -- The English Country Collection - celebrates a world of beautiful flowers and fruits. The fragrances of crisp green apples, sweet rose petals, vibrant freesia freesia: see iris. freesia Any of the approximately 20 species of South African plants that make up the genus Freesia, in the iris family, with corms, grassy foliage, and wiry spikes of bell-like, lemon-scented flowers in white, yellow, orange, and , soothing lavender, white musk and vanilla are included to enhance the mood and pleasures of the bathroom. -- Fruit Duets is a classic range of products for the bath, body and home in four exotic fruit combinations: Rosehip & Nectarine nectarine (nĕk'tərēn`), name for a tree (Prunus persica var. nectarina) of the family Rosaceae (rose family) and for its fruit, a smooth-skinned variety of the peach. , Quince quince, shrub or small tree of the Asian genera Chaenomeles and Cydonia of the family Rosaceae (rose family). The common quince (Cydonia oblonga & Pomegranate pomegranate (pŏm`grănĭt, pŏm`ə–), handsome deciduous and somewhat thorny large shrub or small tree (Punica granatum , Clementine & Grapefruit, Greengage green·gage n. A variety of plum (Prunus domestica) having yellowish-green skin and sweet flesh. [green + gage, after Sir William Gage (1656?-1727), English botanist. & Lime. -- Asquith & Somerset's Skin Care - provides everything to look after the skin, including cleansers, toners and moisturizers moisturizers hydroscopic agents, applied to the skin and hair, as creams, rinses or shampoos, to increase hydration of the stratum corneum. Examples are propylene glycol, glycerine and lactate. as well as luxurious bath-time treats. Each product contains natural ingredients, specially selected for their beneficial effect on the skin. -- Essential Spa - is a high quality line of bath, body and home fragrance products specially designed to promote vitality and well being. Essential Spa products are infused with the beneficial properties of essential oils, utilized for centuries in the ancient art of aromatherapy. Each line consists of Bath & Shower Gels, Hand & Body Lotions, Foam Baths and complementary products. Buoy further added "that distribution had already commenced in Australia, Japan, New Zealand, The United Kingdom and the U.S.A." This release, other than historical financial information, may contain forward-looking statements that involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from those indicated by such forward looking statements are set forth in the company's Quarterly Report on Form 10-QSB for the quarter ended March 31, 1998. Applewoods is a developer, manufacturer and marketer of all-natural soaps, lotions, oils, other toiletries and related gift items for men and women. Applewoods is traded on The Nasdaq SmallCap Market. CONTACT: Applewoods Inc Chief Executive Officer Roger M. Buoy, 44-1275-345600 |
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