Applewoods announces new distribution agreement in South Korea.WESTPORT, Conn.--(BUSINESS WIRE)--Sept. 18, 1996--Applewoods (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) ) has recently completed a distribution agreement in the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of South Korea to distribute the company's products and to open new Applewoods retail stores. As a result it is expected that Applewood's first store in Korea will open in early December of 1996, in Seoul Roger M. Buoy buoy (boi, b  `ē), float anchored in navigable waters to mark channels and indicate dangers to navigation (isolated rocks, mine fields, cables, and the like). , the chairman of Applewoods, stated "I am extremely pleased to have completed this agreement. After having recently conducted market surveys and test programs, we believe the Korean market has great potential. Although opening the first store is subject to meeting various government requirements, we should be in a position to see a Seoul opening prior to the holiday period." Applewoods stores are located around the world in 23 countries. Applewoods develops and manufactures the majority of it's products and sells toiletries toi·let·ry n. pl. toi·let·ries An article, such as toothpaste or a hairbrush, used in personal grooming or dressing. toiletries npl → artículos mpl de aseo (= , soaps, lotions and aromatherapy products for men and women. Applewoods shares of Common Stock are traded on the Nasdaq Small Cap Market. CONTACT: Applewoods, Inc., Westport Roger M. Buoy, 203/227-4912 |
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