JRC Global Products Agrees in Principle with One of the Country's Largest Hair Manufacturers for Exclusive Rights to Produce Patented Hair Extension Method.MOUNT KISCO, N.Y. -- Meeting with Manufacturer Leads to Possible Expansion of the Company's Product Offerings and Broadening of Potential Customer Base The Jackson Rivers Company (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :JRIV) announced today that its subsidiary, JRC JRC abbr. Junior Red Cross Global Products, dba Raphael Basante Hair Systems (www.raphaelbasante.com), has entered into an exclusive manufacturing agreement with one of the largest human hair manufacturers to produce and package the Visions line of hair extension products. The agreement ensures a March 17th delivery of the new hair extension products and immediate shipment of approximately $5,000 in new customer orders. This week, executive management of JRC Global Products met with the president of the manufacturing company in order to finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... the agreement and discuss future plans. This company will become JRC Global Products' exclusive manufacturer of the patented line of hair products, including the hair extension system, which is used to add volume, density and length, and the hair replacement system, which is designed mainly for women who are experiencing hair loss on the top of the head. Discussions were also initiated regarding additional hair extension and replacement products, produced by the manufacturer, to be added to JRC Global Products' current offerings. These new products would give the company the opportunity to offer its clients not only their new patented system, Visions, whereby the client's existing hair is pulled through openings in the center of the base of the extension or hair replacement, but also the more conventional method, where the hair is thermally attached to the client's hair, known as the strand-by-strand method. The manufacturer intends to have an expert assist the RBHS RBHS Rancho Bernardo High School (California) RBHS Rock Bridge High School (Columbia, Missouri) RBHS Rondebosch Boys' High School (South Africa) team at the International Beauty Show (www.ibsnewyork.com), in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , April 17th-19th, where they are exhibiting in booth #2110, to show the product and demonstrate the conventional method of application in combination with their new exclusive design. Raphael Basante, President of JRC Global Products, stated that "the meeting was far more productive than we had predicted. We had intended to solidify the exclusive manufacturing agreement, but were delighted to be offered the opportunity to market their current, widely-accepted products as well. We realize that some of our potential customers may want to continue to use the more traditional method of applying hair extensions, and we are happy that we will be able to provide them with the option to do so with a higher quality hair, in more textures and colors than are offered by our competition." During their discussions, both JRC Global Products and the manufacturer agreed upon Adj. 1. agreed upon - constituted or contracted by stipulation or agreement; "stipulatory obligations" stipulatory noncontroversial, uncontroversial - not likely to arouse controversy the need for rapid production of the hair extensions in order to ensure ample supply of inventory, due to the overwhelming demand. They also discussed the stringent quality assurance procedures needed to be in place in order to insure consistency of the products, and that the delivered products are to abide by To stand to; to adhere; to maintain. See also: Abide the highest standards in the industry. The next shipment of product is expected to arrive at JRC Global Products' offices next week, which will allow them to complete orders that have been filled since they brought the RBHS products back to market, and also to afford them an accelerated turn-around time for the high volume of orders they are currently receiving. About The Jackson Rivers Company Founded in 2001, The Jackson Rivers Company is based in Mount Kisco, N.Y., and San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , Calif. Its principal subsidiaries are JRC Global Products, a product distribution company, and Jackson Rivers Technologies, a provider of integrated information technology (company) Integrated Information Technology - (IIT) A Santa Clara based company producing a programmable, single chip H.261 and MPEG system. The chip contains a RISC processor, originally based on the MIPS architecture but now called RISCit, and a "Pixel Processor". solutions. Website: www.jacksonrivers.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. When used in this News Release, the words or phrases "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "projected," "intends to" or similar expressions are intended to identify forward-looking statements within the meaning of 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. Such statements are subject to certain risks and uncertainties, including but not limited to the Company's history of losses and cash flow deficit; lack of liquidity; volatility of market price of common stock and warrants; possible adverse effect of penny stock Penny Stock A stock that sells for less than $1 a share but may also rise to as much as $10/share as a result of heavy promotion. All penny stocks are traded OTC or on the pink sheets. Notes: Penny stocks are highly speculative and risky. rules and liquidity of the Company's securities; dividend policy; and control by directors and executive officers, that could cause the Company's actual results to differ materially from historical earnings and those presently anticipated or projected. As a result, potential investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date made. |
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