Southern Products, Inc. Production and Distribution Update
ORANGE COUNTY, Calif., March 14, 2013 /PRNewswire/ -- Southern Products (OTCBB: SNPD), a manufacturer of flat-panel televisions, tablets, and electronic picture frames, has released an update on its active production and distribution schedule for its Sigmac television line, including large shipments of Sigmac branded televisions to online retail giant Newegg.com.
"The company has made significant progress in the production and distribution of its proprietary line of Sigmac televisions," said Edward Meadows, CEO, Southern Products, Inc. "New shipments of televisions are beginning to leave China toward our retail and distribution clients. Additionally, our relationships for the Sigmac line continue to expand; just last week we shipped nearly fifty 42" LED TV's to internet superstore Newegg.com."
"We've also completed production of over 4,000 of our new SE15AB 15" televisions which are already earmarked for shipment to a major international distributor," said Meadows. "This delivery affirms our confidence in this new product line and its ability to compete and succeed in the electronics' marketplace, both domestically and internationally."
"Most exciting, we are about to start production on our new Sigmac 50" and 60" full High Definition (HD) Smart Plasma TV's, which will be specifically produced for a major US retailer," added Meadows. "With major new factories coming online in the near future, customer reviews soaring, and a tremendous interest for televisions offered at our price point, we are enthusiastic about the opportunity for Southern Products and its shareholders."
About Southern Products, Inc.
Southern Products, DBA Sigmac USA, is a manufacturer of quality, mid-priced flat-panel televisions and peripherals for distribution through big-box retailers in the US as well as the major Etailers. The Company currently has a product line of over 20 flat-panel models in production, and has entered into large-scale distribution agreements with Target, K-Mart, Costco.com, Tiger Direct, Newegg and Walmart.com for the sale of Sigmac-branded flat-panel televisions, Tablets, Picture Frames and accessories in North America. The Company is a fully-reporting public consumer electronics company incorporated in the state of Nevada and trading on the Over-the-Counter Bulletin Board in the US (OTCBB: SNPD).
For further information please visit www.sigmacusa.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those identified under "Risk Factors" in the Company's most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q and in other filings made with the Securities Exchange Commission. Actual results may differ materially from those contemplated by these forward-looking statements and the Company does not undertake to update any of these forward-looking statements to reflect a change in its views or events or circumstances that occur after the date of this press release.
Investor Relations Contact:
Kurt Divich, President
Integrity Media Inc.
SOURCE Southern Products, Inc.
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