BEND, Ore., April 18, 2012 (GLOBE NEWSWIRE) -- U.S. Rare Earth Minerals, Inc., (OTCPK:USMN) announced today, first quarter sales are up over 200% of total 2011 revenue. USMN's website (www.us-rem.com) can now be viewed in 56 different languages. The Company also reports web sales doubling in the first quarter. Other reported developments are: The website has been viewed 8,216 times (up 47%) this month alone, USMN's Facebook page has been viewed 25,489 times this week, up 1,033% from last month, and, the Company's ad has been seen 60,709 times.
Commenting on the results, Dennis Cullison, President of USMN said, "We are very pleased. We've recorded the highest sales and pending orders in the history of our company during the last quarter. Based on the strong activity we're experiencing with our EXCELERITE™ Ag line of products, we anticipate a record year. We now are coming into the planting season and don't see business slowing down anytime soon."
About U.S. Rare Earth Minerals, Inc.
U.S. Rare Earth Minerals, Inc. (USMN) is engaged in the sales and distribution of products derived from the Company's mining activities in Nevada relating to certain natural mineral deposits and other natural rare earth minerals. Products of USMN consist of natural minerals for animal consumption, as well as agricultural products, sold under the brand name EXCELERITE®. Customers of USMN include some of the world's most widely recognized companies that have well known consumer brands. USMN is headquartered in Bend, Oregon and has executive offices in Las Vegas, Nevada. The company maintains a web site at: www.us-rem.com.
This press release contains statements that 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 U.S. Rare Earth Minerals, Inc., and members of 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 actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.