Recent Board of Directors Meetings in Europe Open Doors to International Markets Expanding the Global Footprint for the Innov...
May 29 2012 - 8:01AM
Marketwired
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
Image Available:
http://www2.marketwire.com/mw/frame_mw?attachid=1995201
Add to Digg Bookmark with del.icio.us Add to Newsvine
Corporate Office: 310-432-9032 Investor Relations:
Ericg@aapbrands.com
All American Pet (CE) (USOTC:AAPT)
Historical Stock Chart
From Mar 2024 to Apr 2024
All American Pet (CE) (USOTC:AAPT)
Historical Stock Chart
From Apr 2023 to Apr 2024