COLUMIBA, S.C., July 19, 2006 (PRIMEZONE) -- CMARK International, Inc. (Pink Sheets:CMKI), a leading service-disabled, Veteran-owned Small Business (SDVOSB) provider of service and products to federal government institutions and facilities today announced it was appointed an Authorized Electrolux Dealer by Electrolux Professional Inc. The appointment gives CMARK the ability to sell heavy-duty commercial appliances bearing the solo brand of "Electrolux(r)" throughout the U.S. Currently, CMARK has an exclusive government distribution agreement with Electrolux Professional for sales to the U.S. Federal Government. The new appointment extends the existing agreement to include commercial businesses. In addition, the Company announced it was granted exclusivity as the sole dealer for commercial sales of Electrolux in San Diego County, California.
"This new appointment with Electrolux, a world-renowned brand, gives us another exciting avenue to generate revenue for CMARK," said Charles Jones, Jr., CEO and President of CMARK International, Inc. "We have been very successful marketing Electrolux products in both Europe and North America since early 2005. In fact, on March 1st this year we received an award from Electrolux for 'Highest Sales Achievement in 2005' as a result of our efforts. Now we will have a terrific opportunity to offer the wide range of Electrolux Professional appliances to both government and non-government business."
The Electrolux Group is the world's largest producer of powered appliances for kitchen, cleaning and outdoor use, such as refrigerators, washing machines, cookers, vacuum cleaners, chainsaws, lawn mowers, and garden tractors. A world leader in production and distribution of food service solutions, Electrolux Food Service equipment serves over 100,000,000 meals in 350,000 restaurants, 110,000 staff canteens, 170,000 hotels and resorts, 85,000 schools and institutes, 650,000 hospitals and 20,000 bars. The Company has more than 200 exclusive patents.
About CMARK International
CMARK International provides a wide array of services and products in the areas of construction, interior systems and hospitality operations to federal government institutions and facilities. As one of the best-established and largest Service-disabled Veteran-owned Small Businesses (SDVOSB), CMARK has built a strong franchise to meet the federal procurement opportunity represented by the Veterans Benefits Act of 2003 (Public Law 108-183) which requires U.S. government agencies and prime contractors to earmark three percent of all federal procurement dollars to high quality SDVOSB firms. For more information, visit www.cmark.org.
Forward Looking Statements
Statements contained in this press release which are not historical facts are known as forward-looking statements as that item is defined in the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Act of 1995. These forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from estimated results. The forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.