DALLAS, Ga., Sept. 8, 2015 /PRNewswire/ -- Bemax Inc. (OTCBB: BMXC), is pleased to announced today that it will launch an exclusive private-label of disposable diapers and wipes, called Mother's Hugs, to be sold and distributed through existing Bemax distribution channels of wholesalers and retailers in Europe and emerging African markets as well as to buyers online through Bemax ecommerce website.
The first phase of the private -label will begin in the first quarter of 2016 with sales estimated to reach 5.5million dollars in the first year.
"Bemax private label will allow customers to control product quality, size, and packaging and help build customer loyalty. We are pleased to reach this milestone in this early stage as we continue to grow and explore new market opportunities. We look forward to an increased revenue in all our markets in 2016" stated Taiwo Aimasiko, CEO of Bemax Inc.
About Bemax Inc.
Bemax Inc. export Disposable Baby Diapers from U.S. and Canada and distribute in London, and South Africa and other emerging markets. We also export from manufacturers from Asia and distribute to other growing Markets. Bemax focus on extensive and far-reaching global network among wholesalers, large discounting retailers and supermarkets as well as entry into the ecommerce arena to reach households directly through subscription orders. We focus to supply our clients with disposable baby diapers from manufacturers in North America where quality is superior. Please visit the company website at www.bemaxinc.com.
Safe Harbor Statement
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
For information, please contact:
26 Wellsely Lane
Dallas, GA 30132
SOURCE Bemax Inc.