Transfer Technology International (TTIN.OB) Subsidiary OPI Announces Sales to Nation's Largest Drug Store Chain
Wholly owned subsidiary, OPI has initiated sales of Avenger Bed Bug Killer to largest drug store chain; additional contracts with retailers to be announced soon...
TAMPA, Fla., Feb. 4, 2011 /PRNewswire/ -- TTI Corp. (OTC Bulletin Board: TTIN) announced today that its wholly owned subsidiary, Organic Products International (OPI), has been vendored and has generated sales of their Avenger Bed Bug product to the nation's largest drug store chain. OPI, along with Phillips Sales and Marketing (PSM), which is a strategic marketing partner and reseller for TTI Corp., has seen substantial growth potential in new business for the sales of Avenger Bed Bug Killer. According to the Bed Bug Registry, bed bugs are a serious problem all across the United States with the heaviest concentrations in the northeast, Florida and the west coast.
"The national exposure and almost nightly news reports on the bed bug epidemic has increased our business here at PSM almost ten -fold since the beginning of last year," said Brett Phillips, President of Phillips Sales and Marketing. "We are now either vendored into or are in negotiations with some of the largest Food/Drug retailers and distributors in the country. With no end in sight to the bed bug problem, our growth rate and market share should continue upward through the next few years," Phillips concluded.
"I and Mr. Phillips have worked closely together to push through the barriers of entry that stop smaller companies from ever entering these types of retail locations and online stores. Without a doubt this comes as a major victory for both of our companies, PSM and TTI Corp.," stated Chris Trina, Chairman and CEO of TTI Corp. "To even be considered as a vendor through PSM from this world class drug store empire is quite an honor to say the least." Trina also states, "With its almost 7000 stores and strong online presence, the sky is the limit on where this can go as we begin selling online first and then push for in-store sales not only for our bed bug products but possibly other organic product lines as well. Everybody wants their products to be accepted with retail giants but only a few small companies ever succeed in doing so, we have succeeded. Our marketing program is strong and we expect additional announcements of sales to large drug and food store chains within the next few weeks."
About Organic Products International
Organic Products International is a marketer, distributor and reseller of organic, environmentally friendly pest control and fertilizer products. Their products include Avenger Organics Bed Bug Killer, Avenger Organics Insect Killer, Avenger Organics Weed Killer and Avenger Organics Fertilizer as well as XT2000 Termite Killer. Please visit our website at www.opitampa.com for further information about our products.
About Transfer Technology International Corp.
Transfer Technology International Corp. acquires, procures and/or funds research, intellectual property and technologies for commercial transfer to world-class business partners. The company generates revenue from transfer fees, licensing and strategic alliance fees and from the sale of intellectual properties. TTI also owns and operates two wholly owned subsidiaries, Organic Products International and X-Terminate Inc. which specialize in the distribution of Eco-friendly organic products and low impact pest control services. Please visit our main website at www.ttinternationalcorp.com for further information and links to our wholly owned subsidiaries.
You can view or purchase our bed bug product at Walgreens.com. You will be able to find our SEC filings, press releases, stock quotes and corporate updates on our corporate main website www.ttinternationalcorp.com
Disclaimer and Forward Looking Statements – The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of The Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward- looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.
SOURCE Transfer Technology International Corp.
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