JACKSONVILLE, Fla., July 7, 2010 (GLOBE NEWSWIRE) -- Mariner's Choice International, Inc. (Pink Sheets:MCII), a North American manufacturer of an extensive line of ecologically-safe products for the marine and other industry segments, today announced that it has finished the fiscal year ended June 30, 2010 showing strong sales growth.
"We achieved a 126% growth rate in sales over last year, a testament to the commitment we have to our core business. Contributors to the growth included two new distributors, Morgan Recreational Supply and Green Ocean Distributors, and also our private label partners, who are gaining significant momentum. We anticipate the growth will continue organically through the existing business, as well as via the numerous opportunities that are currently being pursued, many of which have yet to be announced," stated Amie Hingston, president and CEO of Mariner's Choice.
Hingston added, "The quality and performance of our products will sustain our increasing growth, and we will continue to focus our efforts on new sales through increased market awareness and brand recognition. The demand for ecologically-safe products is strengthening daily, and we intend to consistently deliver the message of the important responsibility we all share as custodians of our delicate environment for both present and future generations."
About Mariner's Choice International, Inc.
Mariner's Choice manufactures and markets high-performance, ecologically-safe commercial, industrial and retail products utilizing leading-edge readily biodegradable technologies. Each product is tested to exacting standards and superior performance levels that often exceed those of comparable products that contain harmful compounds or ingredients. Some of the company's "green" products employ nanotechnology. For more information, please visit www.marinerschoice.net.
Forward-Looking Statements
Except for statements of historical fact, the matters discussed in this press release are forward-looking, and are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements made herein regarding the intent, belief or current expectations of Mariner's Choice International, Inc. are forward-looking statements that reflect numerous assumptions, risks and uncertainties, many of which are beyond our control, and any of which could cause our actual future results to differ materially from our stated expectations today. Prospective investors are cautioned that our forward-looking statements are never guarantees of future performance. Important factors currently known to management that could cause our actual future results to differ materially from those indicated in our forward-looking statements today include our limited operating history, fluctuations in our operating results, our ability to compete successfully and our ability to attract necessary capital on satisfactory terms. Except as required by applicable law, 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 our future operating results.