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Recent Board of Directors Meetings in Europe Open Doors to International Markets Expanding the Global Footprint for the Innov...

Date : 05/29/2012 @ 8:01AM
Source : Marketwired
Stock : All American Pet Company, Inc. (PN) (AAPT)
Quote : 0.0005  -0.0002 (-28.57%) @ 4:22PM
All American Pet Company, Inc. (PN) share price Chart

Recent Board of Directors Meetings in Europe Open Doors to International Markets Expanding the Global Footprint for the Innov...

All American Pet Company, Inc. (PN) (USOTC:AAPT)
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All American Pet Company, Inc. (OTCQB: AAPT) (PINKSHEETS: AAPT) --

Positive meetings with investors, distributors and production resources in Germany and France present opportunities for expanding US operations of AAP to international markets including Latin America and Japan. Euromonitor reports the up-trend in pet care spending has increased exponentially during the last five years. Industry media attribute the expanding world pet market to the global humanization of pets -- research shows that more than half of all dog owners sleep with their pets.

"While North America is the largest ($56.7B) pet products marketplace servicing 78 million dogs, it is also the most mature pet products market," commented Barry Schwartz, CEO, AAP. "To fully realize the potential of our innovative lines of wellness products we will look to the expanding global marketplace ($24B) to leverage our brand's unique franchise and retail footprint with the other 80 million dogs of Europe, Japan, Russia and Brazil."

Within the pet product sector, industry analysts indicate that consumer preferences for premium and super-premium all-natural products offering specific wellness benefits are seeing and will continue to see the greatest growth. Pet owners are highly receptive to products and services that replicate the ones they use themselves. AAP's new PAWtizer™ is a perfect example of a human product mirrored for pet use.

Lisa Bershan, AAP President acknowledged, "We have a super sales team and first to market innovations. Offering our lines of wellness product firsts will get us in the door and customer loyalty will certainly keep us there."

ABOUT: All American Pet Company produces, markets, and sells natural super-premium and premium patented wellness products under proprietary brand names specifically for dogs. Forward-looking Statements: This release contains statements that are forward-looking in nature--statements that are predictive and which depend upon or refer to future events or conditions. These statements are made based upon information available to the Company as of the date of this release, and we assume no obligation to update any such forward-looking statements. These statements are not guarantees of future performance and actual results could differ materially from our current expectations. Factors that could cause or contribute to such differences include, but are not limited to, dependence on suppliers; lack of financing; delays in development or shipment of new products; introduction of new products by major competitors; inability to expand our operations to support increased growth; and declining economic conditions.

For more information on the company, visit www.allamericanpetcompany.com / www.pawtizer.com

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Corporate Office: 310-432-9032 Investor Relations: Ericg@aapbrands.com



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