Blue Star Opportunities Acquires Major High-Quality Flooring Brand
Company to Operate Factory Outlets in United States Market Under Duro-Design Banner
(firmenpresse) - LAS VEGAS, NV -- (Marketwire) -- 04/12/12 -- Blue Star Opportunities Corp. (The "Company") (PINKSHEETS: BSTO) announces an agreement with Duro-Design Inc. of Montreal that grants Blue Star exclusive rights to the Duro-Design brand of high quality flooring products in the U.S. market. Blue Star will be creating a network of exclusive factory outlets under the Duro-Design banner in the United States in order to make its quality designer flooring available to the public at factory prices.
Duro-Design has been a leading manufacturer and provider of quality flooring materials from environmentally friendly managed sources. Its line of products for residential, commercial and institutional markets relies on industry-best proprietary staining and pigmentation techniques that are applied to bamboo, cork, tamarindo, and other specialized wood-flooring products, all within LEED certification norms. Duro-Design products have been installed in leading museums, churches, offices, retail stores and thousands of homes, generating close to $20 million in revenues over the past five years.
Blue Star will provide these products in the U.S. through a network of factory outlets based on a model developed by Duro-Design in which consumers can purchase high-end flooring with a value proposition unmatched anywhere.
The Blue Star business model calls for the establishment of some 10 factory outlets in the next six months. These will be located in high-traffic commercial zones and will require very low capital investments to expected revenues ratio. This is part of a first expansion phase that will see some 25 outlets established over 24 months. Orders will be exclusively processed through the Duro-Design product facilities.
For more information about the Duro-Design brand and product line, please visit
Blue Star Opportunities Corp. is a supplier of environmentally friendly components used in renovation and construction of family homes, commercial and retail space, and multi-unit dwellings. Its products include materials for housing parts that are traditionally made of wood. The Company's policy is to offer to its clients LEED-validated materials from renewable resources in order to service the growing market of consumers and end-users who are demanding green products for their homes and projects.
FORWARD-LOOKING STATEMENTS
Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.
For further information, please contact:
Michael Berman
514 969 6419
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Datum: 12.04.2012 - 05:30 Uhr
Sprache: Deutsch
News-ID 1102225
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