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ZenRay Wellness Pillow Receives Mezzanine Funding Commitment Pillow to be Market Ready for Spring 2007 International and Contract Market Launch Inventor and owner of the Zen Ray Wellness Pillow, Mr. Udo Baumgartner announced today, “We are very excited to receive the first round of mezzanine funds necessary to finish production and refinements on the ZenRay™. The very first group that viewed the product and the business plan committed instantly. The response confirmed our assumptions about the amazing opportunity ZenRay™ offers as both a business opportunity and as a consumer wellness product”. Grand Cayman, Cayman Islands (PRWEB) October 7, 2006 -- The world’s first versatile wellness pillow, the ZenRay™ will be ready for market launch in spring, 2007 after obtaining firm commitment for a mezzanine funding round.
Inventor and owner of the Zen Ray Wellness Pillow, Mr. Udo Baumgartner announced today, “We are very excited to receive the first round of mezzanine funds necessary to finish production and refinements on the ZenRay™. The very first group that viewed the product and the business plan committed instantly. The response confirmed our assumptions about the amazing opportunity ZenRay™ offers as both a business opportunity and as a consumer wellness product”.
The patent pending ZenRay™ was a 2005 Gold Medal Winner at the huge INPEX Show, Pittsburgh, PA. The product has been engineered to provide a comprehensive comfort, seat, sleep, and relaxation usage benefit with unique portability and convenience features.
ZenRay™ has retained the services of Altamonte, FL based Duquesa Marketing, Inc. to manage all aspects of funding, marketing and product development. Geoff Ficke, President of Duquesa Marketing, Inc. said,” I met Udo and his product for the first time at INPEX and was really stunned by his creative achievement. Nothing in the show, and there were about 2000 offerings, had the commercial potential of ZenRay™”.
“Mr. Ficke and I collaborated in improving the ZenRay”, said Mr. Baumgartner. “Geoff Ficke’s business plan was exciting, customized and really closed the deal with the investors. Retail response has been overwhelming and we will announce national store launches very shortly”.
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