DAVIE, Fla., April 27, 2015 /PRNewswire/ -- Golden Grail Technology Corp (OTC: GOGY; "Golden Grail" or the "Company"), a technology and software solutions provider to companies with unique value propositions operating in mass market consumer sectors, today is pleased to announce another Amazon win for the Company and its eCommerce partners. The Company's second eCommerce venture, Aireomatic (www.aireomatic.com), an online store offering consumers modern fragrance options, was approved by Amazon to sell in their closed category, Automotive Accessories.
Due to their large number of sellers, Amazon closed various categories to new sellers. In order to be approved to sell in closed categories such as Automotive Accessories, sellers must go through Amazon's difficult multi-stage approval process. Aireomatic completed it successfully and was approved to sell on Amazon in early February 2015.
"We're thrilled Amazon has approved our second eCommerce venture, Aireomatic, as a seller in a closed category, and can now begin listing our auto fragrance products on their expansive platform. With over 80 million people shopping on Amazon every month and millions of drivers in the U.S. alone, the upside to our business is significant." Michael Brodsky, President, Golden Grail Technology
Aireomatic.com is the exclusive online resale partner for Aromate's AIRE Auto Fragrance line, offering an array of unique and innovative fragrance options to suit individual needs and everyday life. The agreement with Aromate America Corp, covering their full line of AIRE fragrance products, was signed on December 16, 2014.
About Golden Grail Technology Corp
Golden Grail Technology Corp (OTC: GOGY) is a technology and software solutions provider to companies with unique value propositions operating in mass market consumer sectors such as jewelry, health and personal care, beauty, electronics, pet and animal supplies, sports and games. Golden Grail's mission is to utilize their network of industry experts who specialize in targeting areas of business that can be accelerated with technology in order to give small companies an opportunity to compete with industry giants. Golden Grail is currently focusing on their e-commerce accelerating platform, which allows companies to enter digital markets quickly, economically and compete effectively with larger brands. eMarketer research projects U.S. e-commerce sales, a market valued at $225 billion in 2012, will grow to $434 billion by 2017, representing a CAGR of 14%. The Company's flexible, revenue-share business model provides quick market entry and diversification with a low overhead – working to minimize risk and maximize investment return.
Golden Grail Technology Corp is headquartered in Davie, Florida. For more information, please visit www.goldengrailtechnology.com . For industry related news and updates, be sure to follow Golden Grail Technology on Facebook and Twitter.
This press release includes forward-looking statements concerning the future performance of our business, its operations and its financial performance and condition, and also includes selected operating results presented without the context of accompanying financial results. These forward-looking statements include, among others, statements with respect to our objectives and strategies to achieve those objectives, as well as statements with respect to our beliefs, plans, expectations, anticipations, estimates or intentions. These forward-looking statements are based on our current expectations. We caution that all forward-looking information is inherently uncertain and actual results may differ materially from the assumptions, estimates or expectations reflected or contained in the forward-looking information, and that actual future performance will be affected by a number of factors, including economic conditions, technological change, regulatory change and competitive factors, many of which are beyond our control. Therefore, future events and results may vary significantly from what we currently foresee. We are under no obligation (and we expressly disclaim any such obligation) to update or alter the forward-looking statements whether as a result of new information, future events or otherwise.
SOURCE Golden Grail Technology Corp