LAS VEGAS, Aug. 5, 2010 (GLOBE NEWSWIRE) -- EQ Labs, Inc. (Pink Sheets:EQLB), inventor and marketer of the EQ Energy Drink, announced today that sales for the six months ended June 30, 2010 increased 40% compared to the same period in the previous year. Earlier this year, the company had announced that sales increased 300% percent in the Las Vegas Region.
"We expect to perform very well this year for our shareholders," Chief Executive Officer, Maurice Owens, said in a statement. "Our innovative and great tasting products are being well received by consumers in some key markets throughout the United States.
EQ Energy Drink is currently sold in 800 stores in 48 states. The EQ Energy drink is the only effervescent-based tablet on the market today that is specially formulated with a combination of essential herbs and nutrients to easily dissolve in any beverage resulting in sustainable energy and a heightened sense of focus. The company is engaged in the process of recruiting additional international "sports" celebrities to endorse the EQ Energy Drink.
Mr. Owens concluded, "We are extremely pleased regarding the market acceptance of our product this year. We expect these positive trends to continue and we anticipate the ability to deliver continued good news to our loyal shareholders."
About EQ Labs, Inc. EQ Labs is engaged in the development, marketing and sale of EQ ("The Smart Energy Drink"). EQ is an effervescent tablet that can be dissolved in any beverage to provide instant energy. Consisting of a blend of essential vitamins, Gingko Biloba, and less caffeine than a cup of coffee. EQ is currently sold at Best Buy, 7-Eleven, Walgreens and other leading retailers. For more information about EQ, visit: http://www.drinkeq.com/.
The EQ Labs, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7430
Forward-Looking Statements: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by EQ Labs, Inc. are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.