SAN DIEGO, Feb. 7, 2014 (GLOBE NEWSWIRE) -- Dan Balsiger, President of Icon Vapor Inc. announced today a name and trading symbol change from MyEZsmokes, Inc. to Icon Vapor, Inc. (OTCPK:ICNV). Dan Balsiger, President stated, "Our selection of this new identity was the result of our strong desire to reflect our positive, professional image in combination with a very bright future."
"Icon Vapor's goal is provide a sensible, safer, cost competitive alternative to the tobacco based cigarette," noted Mr. Balsiger. "We also believe that an informed consumer will carefully consider who they purchase vapor-cigarettes from and that Icon Vapor products will distinguish themselves in the marketplace as a product very much superior to big tobacco's recent efforts to diversify into that space."
Mr. Balsiger also added, "To date, e-cigarette industry sales have doubled every year since 2008, according to UBS Financial Services, and is forecasted to break the $1 billion mark this past year although sales figures for 2013 are not yet available. Icon Vapor has just unveiled an innovative marketing platform in the form of a web portal designed to provide a unique distribution partner network that offers an excellent opportunity for those wanting to enter this growing as well as lucrative space."
Icon Vapor, Inc. engages in the manufacture and distribution of a wide variety of Ultra Premium Vapor Products. Vapor-cigarettes are battery powered electronic inhalers that heat up tubes which turn a liquid solution into a vapor at a much lower temperature than a tobacco based cigarette. This vapor is not "smoke" but is a water vapor that mimics the feel of smoking and contains approximately the same amount of nicotine as a conventional cigarette, noting certain features allow the user to adjust the nicotine dose. While not marketed as a way to quit smoking, many believe it can defeat that addiction. Other noteworthy benefits include they don't burn tobacco (thus a reduction of cancer causing agents) and they don't emit second hand smoke or produce ash.
About Icon Vapor Inc. (www.iconvapor.com)
Headquartered in San Diego, California, Icon Vapor engages in the manufacture and distribution of a variety of Vapor based products. The company offers disposable and starter kit vapor-cigarettes as well as cartomizers in tobacco and menthol flavors all branded under the ICON Vapor Products line. For further information please contact the Company at:
(858.509.2783 or Sales@iconvapor.com)
Safe Harbor Statement
This press release may contain forward looking statements and or observations which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties include but not limited to information as contained within the Company's most current quarterly reports, annual reports, and or other such filings as may be accessed through the OTCBB website. Furthermore, the Company disclaims any intention or obligation to update or revise any such forward looking statements, whether as a result of new information, future events, or otherwise. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new product lines noting there is no assurance that we will generate enough revenues to offset those costs. Additional product offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the variables as associated with the general business channel we are operating in, the impact of which cannot be predicted at this time including risks as associated with our product and recent FDA pronouncements. Additionally, our 1-A registration statement will generate additional free trading shares to the marketplace at a pre-determined price which may impact our share pricing within the OTC marketplace in a manner that we cannot predict.