DAVIE, Fla., April 14, 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 announced that its first eCommerce venture www.bandsofvalor.com, a specialty jewelry company and official licensed vendor of jewelry commemorating the NYPD and FDNY, was approved by Amazon to sell in their most highly coveted, closed category - Fine Jewelry.
Due to their large number of sellers, Amazon closed various categories to new sellers. In order to be included in closed categories such as Fine Jewelry, sellers must go through a gruelling multi-stage approval process. Bands of Valor began Amazon's approval process six months ago. The final stage of the process, which occurred in late 2014, required passing Amazon's Quality Assurance program. This involved sending a representative sample of the jewelry to an independent 3rd party lab for testing to ensure it adheres to Amazon's strict guidelines for Fine Jewelry. Bands of Valor received Amazon's approval in late January. For more details on Amazon's Jewelry Quality Assurance Standards, please visit https://www.amazon.com/gp/help/customer/display.html/?nodeId=201310980.
"To be accepted into Amazon's Fine Jewelry category is a significant accomplishment and a testament to the design quality of Bands of Valor jewelry. We are looking forward to seeing how Amazon can augment and hopefully surpass the success we've had with pay per click advertising, which has performed extremely well for us throughout the holiday season," Michael Brodsky, President of Golden Grail Technology.
For over three decades, Bands of Valor has offered an array of stunning, hand-crafted designs commemorating and honoring those in service, those that have served, and lives that have been lost in service. Through its online store www.bandsofvalor.com and Amazon (www.amazon.com), these unique, high quality designs are available for sale to the entire world. For every sale of NYPD or FDNY branded jewelry, a portion of the proceeds benefits the respected New York City Police Foundation and the FDNY Foundation.
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