JACKSONVILLE, Fla., May 14, 2009 (GLOBE NEWSWIRE) -- Mariner's Choice International Inc., (Pink Sheets:MCII) today announced that a Letter of Intent has been signed with another company for a Private Label Program.
The negotiations are in the latter stages for a three-year contract. The agreement calls for an initial order to be placed and fulfilled, soon after the signing. The company has existing business throughout North America and in some of the Caribbean Islands, such as Trinidad and Jamaica. They are involved in energy conservation and environmental products and services in the hospitality, industrial, commercial and institutional sectors. The Mariner's Choice products under their label will be a complementary addition, and create a new revenue stream with residual income.
"The synergies between our company and Mariner's Choice are multi-faceted and very strong. We have tested their products and found them to have exceptional performance capabilities. We are pleased to have this opportunity to be part of promoting 'Eco-Safe Solutions' that replaces hazardous and harmful chemicals," stated Brian Fernandez, President.
About Mariner's Choice International Inc.
Mariner's Choice provides high-performance, eco-safe recreational and industrial products utilizing leading-edge biodegradable technologies. Each product is tested to exacting standards and performance levels, with the goal of providing the greatest benefit and satisfaction to our recreational and industrial customers. Our "green" products, some of which employ nanotechnology, are a timely solution for the environmental and health concerns that affect people globally. For more information about us, please visit http://www.marinerschoice.net.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Mariner's Choice International, Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual future results may differ materially from those indicated by such forward-looking statements. Important factors currently known to management that could cause actual future results to differ materially from those indicated in our forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. We undertake no obligation to update or revise our forward-looking statements to reflect changed assumptions, the occurrence of unanticipated future events or changes in future operating results.