New Generation Consumer Group Enters Into Distribution Agreement and Joint Venture
(firmenpresse) - WHITTIER, CA -- (Marketwired) -- 03/30/15 -- New Generation Consumer Group (OTC PINK: NGCG), a consumer products marketing and media company, announced today it has entered into distribution agreement with Point Hunter Distribution in Chicago, Illinois and a joint venture agreement with Jose Madrid Salsas.
Point Hunter Distribution is one of the largest distributors in the tri state area of Illinois, Kentucky and Indiana. Point Hunter Distribution also has multiple channels of distribution into Mexico. Point Hunter Distribution has agreed to distribute New Generation Consumer Group''s Mucho Macho brand to retailers in the tri state area. New Generation Consumer Group plans to aggressively expand the number of representatives it has under contract in an effort to increase sales.
Chief Operating Officer, Phil Longoria said, "As we ramp up and expand our distribution for the spring and summer seasons we expect to see an increase in the number of retailers carrying the Mucho Macho brand. This new agreement with Point Hunter Distribution, along with the recent agreement we entered into with Arion International, will give us more distribution points as we move our Mucho Macho line east across the nation."
In a separate agreement, NGCG has entered into a joint venture to have its Mucho Macho Salsa produced by Jose Madrid Salsas. Jose Madrid Salsa was established in 1987 and currently makes 20 different types of gourmet salsas. Jose Madrid Salsa also has a fundraising division that helps raise funds for local charities and schools, giving school children a healthier alternative, other than candies, to raise funds for their school or teams. More information on Jose Madrid is available on their website, which is .
New Generation Consumer Group, Inc. (NGCG) is a marketing and media company that currently operates through four separate divisions: Mucho Macho, VIP Spirits, Monster Marketing, and our Snack Division. Mucho Macho features Mucho Macho Michelada Mix as its feature product. Our VIP Spirits Division will feature Excuse as our premium brand. Our initial product will be a Top Shelf Liqueur infused Premium Imported Vodka in a variety of different flavors, followed by Excuse Whiskey. Monster Marketing provides graphic design, web development, brand management, and various other services to its clients and helps them get more customers, increase sales, sell a product, or create brand awareness. Our snack division brings consumers more of spicy and intense flavors today''s sports fans want for their tailgate or sports themed parties. Additional information may be found at , , or .
This press release contains forward-looking statements. Words such as "expects," "intends," "believes," and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company''s filings with the OTC Markets Group. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Corporate Relations and Retail Inquiries
Phil Longoria
(562) 907-3888
Investor Relations
David Kugelman
Atlanta Capital Partners, LLC
(404) 856-9157
(866) 692-6847 Toll Free - U.S. & Canada
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Datum: 30.03.2015 - 08:00 Uhr
Sprache: Deutsch
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