American Heritage Enters Into License and Distribution Agreement to Distribute Its E-Cigs Into Germany, Austria and Switzerland
15 May 2014 - 6:00PM
Marketwired
American Heritage Enters Into License and Distribution Agreement to
Distribute Its E-Cigs Into Germany, Austria and Switzerland
LAS VEGAS, NV--(Marketwired - May 15, 2014) - American Heritage
International Inc. 'America's Original E-Cig™', ("American
Heritage") (OTCQB: AHII), today announced it has entered into a
License and Distribution Agreement to distribute its premium
disposable electronic cigarettes within the countries of Germany,
Austria and Switzerland. The German distributor will operate under
the name 'American Heritage Europe GmbH' to take advantage of the
American Heritage™ brand value. Francesco Bisceglia, CEO of
American Heritage Europe GMBH, said, "We are very pleased to have
finalized this Agreement. Our plan is to place American Heritage™
in up to 20,000 retail locations across Germany, Austria and
Switzerland within the next twelve months."
Anthony Sarvucci, CEO of American Heritage, said, "This
Agreement does not require any cash outlay. We receive 50% of our
profit when an order is placed by the distributor and the remainder
when the order is filled. This European License and Distribution
Agreement is another step forward in implementing our 2014 growth
plan. Increasing our retail presence within the United States
remains our primary focus but at the same time we will pursue
international expansion opportunities.
Europe has embraced electronic smoking yet the market continues
to be underserved. American Heritage has taken the first step in
bringing its true to life premium disposable electronic cigarette
to the European customer. Its initial research has verified that
just like the US consumer, Europeans want a smoking alternative
that looks like a cigarette, tastes like a cigarette and feels like
a cigarette.When directly compared to its competitors, American
Heritage™ is preferred by existing E-Cig smokers."
About American Heritage International Inc. American Heritage
"America's Original E-Cig™" is a publicly traded company that
manufactures, distributes and sells the American Heritage™ brand of
disposable premium electronic cigarettes. American Heritage is
currently in an advantageous position to become one of the leaders
in the fast growing electronic cigarette industry.
American Heritage's disposable premium electronic cigarettes
have combined authentic true to life flavor with a soft filter
which has pushed it to the forefront in terms of genuine look, feel
and taste. All of American Heritage's ingredients are food grade
quality and 100% produced in America for a safer and more enjoyable
experience than the majority of its competitors can provide.
http://www.americanheritageonline.com
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Forward-Looking Statements This news release contains
"forward-looking statements" as that term is defined in Section 27A
of the United States Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. Statements
in this press release which are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future.
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
new projects and development stage companies. These forward-looking
statements are made as of the date of this news release, and the
company assumes no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although management believes that any beliefs, plans, expectations
and intentions contained in this press release are reasonable,
there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in the company's
annual report on Form 10-K for the most recent fiscal
year, quarterly reports on Form 10-Q and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
CONTACT: Investor Relations: Bev Jedynak 312-943-1123
IR@americanheritageonline.com American Heritage International Inc.
American Heritage International Inc. Vincent Bonifatto Tivoli
Village, 410 South Rampart Rd, Ste 390 Las Vegas, NV 89145
www.americanheritageonline.com American Heritage Europe GMBH
American Heritage Europe GMBH Francesco Bisceglia Rotenwalderstr.
60 70197, Stuttgart, Germany www.american-heritage-europe.com
American Heritage (CE) (USOTC:AHII)
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