CPI Signs Manufacturing Agreement With Janex Industries.SEATTLE--(BUSINESS WIRE)--May 4, 1998--Caring Products International 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 : BDRY BDRY Boundary , BDRYW) announced today that it had signed an exclusive three-year product manufacturing agreement with Janex Industries Ltd., a Hong Kong-based company. Janex will source and oversee the manufacturing of several new branded toilet training toilet training n. The process of training a child to use a toilet for defecation and urination. Noun 1. toilet training - training a young child to use the toilet products for distribution to Europe and North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. markets. In addition, Janex will seek licensing arrangements for the toilet training product line in targeted countries in Asia. Commenting on the announcement, Company President Susan Schreter said, "Janex is a well-established company in Asia with a reputation for manufacturing high quality juvenile products for international distribution. The toilet training product market is highly fragmented, providing enormous revenue-building potential through consolidation of parent purchases under a single brand name and multi-country distribution. Janex is the right partner for Caring Products to meet the expected production requirements of this sizable market." Schreter also noted that, while the majority of the product line's production will be in Asia, the Company will manage production of all disposable absorbent absorbent /ab·sor·bent/ (-sor´bent) 1. able to take in, or suck up and incorporate. 2. a tissue structure involved in absorption. 3. a substance that absorbs or promotes absorption. products in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Caring Products International Inc., a Seattle-based company, manufactures and markets technically advanced bladder control products, providing maximum cost savings and performance benefits to home consumers, healthcare institutions, retailers and distributors. The total market for incontinence products in North America is approaching $2 billion annually and is expecting significant growth due to aging population and the increase in diseases which contribute to bladder control problems. CONTACT: Lee Schoentrup Phone: 206/505-9225 Fax: 206/282-6337 |
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