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Ise Blu Equity Corp Announces Agreement with Fibrewall Canada LTD.


COLUMBIA, Md. -- Ise Blu Equity Corp. (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:ISBL (language) ISBL - A mathematical query language. ) announced today that it has agreed to exclusive licensing terms for the distribution of all products developed by Fibrewall Canada LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability  within North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . This all cash agreement allows ISBL to distribute the wall covering and decorating system for the next five years with an automatic renewal if the licensing terms have been met. The licensing agreement requires ISBL to purchase a minimum of number of units of the product and to spend a minimum of 2% of its gross revenue on marketing each year plus provide an updated marketing plan within the last 90 days of each contract year to the licensor. ISBL also receives an option for three years to purchase the formulation, machinery and process diagrams and manufacturing rights in North America.

The Webster Worldwide acquisition terms will be modified to reflect the above agreement with the sales responsibilities defined and consideration paid reduced.

ISBL will assume the Canadian operations on October 1, 2006 and begin developing the marketing, media and logistics plans for 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.  immediately.

Historically, the Canadian operations have been successful on a limited marketing budget. In 2005, Canada produced gross revenues in excess of $900,000 on a marketing budget near $50,000. The product sells seasonally in Canada with September through November and March through June being the peak periods. We expect to triple the marketing budget and expect sales to increase at least 50% through next November.

The United States marketing will begin with a contracted national sales organization contacting national chains of home improvement stores plus paint and wallpaper outlets and a direct sales force contacting home builders and remodelers during October 2006. Each region of the country will be introduced to the product through a short infomercial and thirty second advertisement beginning with the Southeastern and Southwestern regions. We are also exploring a web based marketing strategy. The company's target for domestic sales in year one is $1,500,000 in the first year on an advertising budget of approximately $250,000.

About Ise Blu Equity Corp

Ise Blu Equity Corp, a Nevada corporation, is a holding company that specializes in investments from the Consumer Goods consumer goods

Any tangible commodity purchased by households to satisfy their wants and needs. Consumer goods may be durable or nondurable. Durable goods (e.g., autos, furniture, and appliances) have a significant life span, often defined as three years or more, and
, Commodities, Entertainment and Technology sectors.

"Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: The statements contained in this release that are not historical, are forward-looking statements that are subject to risks and uncertainties that could cause results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays and risks detailed from time to time in the company's filings with the Securities and Exchange Commission."
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 26, 2006
Words:441
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