SuperPro Vending Group, Inc. (PINKSHEETS: SPVG) is pleased to report that the Company's SuperPro vending machines generated $77,813 in revenues for the 3rd quarter of 2006, which resulted from the sales of 566 machines. SuperPro Vending Group has now sold over 1,800 vending machines for the year and generated revenues exceeding $257,000.
SuperPro Vending Group's machines are currently dispensing various bulk candy and peanut products. However, SuperPro Vending Group has recently signed an exclusive marketing and distribution agreement with Cadbury Adams, USA LLC, granting the company the right to be the only bulk vending distributor of America's #1 selling sugar-free gum, Dentyne Peppermint ICE®, in the U.S.
"With our third quarter numbers looking good, a new, exclusive distribution deal with Cadbury Adams signed and an aggressive marketing plan for Dentyne Peppermint ICE underway; we feel we're positioned for a great 4th quarter. We're especially excited to enter the $1.1 Billion Sugar-Free pellet gum market as the only provider of Dentyne Ice through bulk vending channels," stated Steve Petersen, CEO of SuperPro Vending Group, Inc.
SuperPro Vending Group recently reported that the Company improved its 2nd quarter 2006 revenues by 66% over the 1st quarter 2006.
About SuperPro Vending Group, Inc.:
SuperPro Vending Group, Inc. is a bulk vending contract-manufacturer and distributor, which targets high volume locations through company-owned routes, as well as by selling to other vending operators who possess similar locations. The Company's target market is impulse buyers between the ages of 13 and 56 looking for a highly recognized, branded product. There is a large and growing consumer demand for healthier, sugar-free alternatives at these locations. SuperPro is currently bringing to market Dentyne Peppermint Ice®, a high quality, sugar-free breath freshening gum product, which has not previously been available through bulk vending channels.
Safe Harbor: Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such statements about the Company's future expectations, including future revenues and earnings, technology efficacy and all other forward-looking statements be subject to the safe harbors created thereby. The Company is a development stage company who continues to be dependent upon outside capital to sustain its existence. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from expected results.
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