Los Angeles, California -
(NewMediaWire) - August 06, 2019 - Reviv3 Procare Company (OTCQB: RVIV) announced
today it plans to launch multiple product sets of its plant-based products at Costco
locations in the United Kingdom.
Donald
Starace, President of REVIV3, said, “As part of our international market
expansion strategy, our customized product set offerings for Costco, UK will
provide exposure to a market that until now has not been able to experience the
amazing benefits we provide in hair and scalp health. It is our ultimate goal
to be the primary destination for anyone looking for drug-free alternatives to
improve follicle structural properties, nourish and rejuvenate hair.” Mr. Starace continued, “We believe the quality
and effectiveness of our hair products is our most powerful marketing tool and
the primary driver of our customer referrals and retention.”
The
product lines for Costco, UK are planned for launch in September 2019 and will
include a deep cleanser shampoo, a moisturizing conditioner, hair follicle
treatment, hair thickening spray and thermal protectant spray. The products are
formulated with premium plant-based peptides and active botanicals formulated
for safe and effective daily use.
Reviv3
is currently expanding its sales channels domestically and across the globe
with customized product offerings in new markets. The recent expansions include
agreements with Asian distribution partners for sales of Reviv3 products in
TMALL.com and JD.COM as reported in the company’s press release on June 5,
2019. In conjunction, the company has continued to build on its operational
efficiencies which have resulted in a 16.8% decrease in operating expenses for
FY2019 compared to the same period last year according to Reviv3’s annual
results on July 19.
About
Reviv3 Procare Company
Reviv3
Procare Company is engaged in the manufacturing, marketing, sale and
distribution of premium quality hair and skin care products under various
trademarks and brands. We are committed to using the highest quality active
ingredients found in nature to create professional grade products that simply
work. Our products are sold in targeted markets in United States, Canada,
Europe, and Asia. Visit us at www.reviv3.com.
Contacts:
Investor
Relations
ir@reviv3.com
Tel:
(888)638-8883
Forward-Looking
Statements
This
press release contains a number of forward-looking statements within the
meaning of the federal securities laws. The use of words such as “anticipates,”
“expects,” “intends,” “plans,” “confident that” and “believes,” among others,
generally identify forward-looking statements.
These
forward-looking statements are based on currently available information, and
management’s belief, projections, and current expectations subject to a number
of significant risks and uncertainties. Factors that could cause actual results
to differ materially from those in the forward-looking statements include,
among other things: (i) Reviv3’s ability to grow net sales and adjusted EBITDA
as anticipated; (ii) our ability to fund our operating expenses (iii) potential
difficulties or delays Reviv3 may experience in implementing its cost savings
and efficiency initiatives; (iv) Reviv3’s ability to compete effectively with
other hair and skin care companies (v) the concentration of Reviv3’s customers,
potentially increasing the negative impact to Reviv3 by changing purchasing or
selling patterns (vi) changes in laws or regulations in the United States
and/or in other major markets, such as China, in which Reviv3 operates,
including, without limitation, with respect to taxes, tariffs, trade policies
or product safety, which may increase Reviv3’s product costs and other costs of
doing business, and reduce Reviv3’s earnings. Potential investors are urged to
consider these factors carefully in evaluating the forward-looking statements.
These forward-looking statements speak only as of the date hereof. Except
as required by law, Reviv3 does not assume any obligation to update or revise
these forward-looking statements for any reason, even if new information
becomes available in the future.