Richard Ransom, ICTV’s President and CFO stated, “It is a very exciting time to be able to tap into the Mexican population of more than 112 million people, who for the most part, have never been exposed to the DermaWand.
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Wayne, PA (PRWEB) December 17, 2013
International Commercial Television, Inc. (ICTL), (or “ICTV”), a direct response marketing and branding company focused on the health and beauty sector, has reported that it has an exclusive distribution agreement with Inova to distribute DermaWand in Mexico. Inova is the leader in direct response television in Mexico with over 150 products including its own creations and domestic and imported products, promoted through infomercials and commercials on free-to-air and pay-TV throughout Mexico. Inova's main distribution channels are inbound and outbound Telemarketing, E-commerce, Catalog, Retail kiosks and wholesale retailers in major department stores in Mexico.
Since the beginning of October, ICTV has shipped 34,600 DermaWand units to Mexico, In addition, 17,400 units are currently on order, which ICTV expects to recognize revenue for in the 1st quarter of 2014.
Richard Ransom, ICTV’s President and CFO stated, “It is a very exciting time to be able to tap into the Mexican population of more than 112 million people, who for the most part, have never been exposed to the DermaWand. We are extremely pleased to have partnered with Inova to bring DermaWand to Mexico. I believe Inova has the expertise and determination to help us make DermaWand an enduring brand in major Mexican retail for many years to come.”
International Commercial Television, Inc.
International Commercial Television, Inc. sells various health and beauty products through infomercials and other channels primarily in the United States. ICTV utilizes a distinctive marketing strategy and multi-channel distribution model to develop, market and sell products through infomercials, live home shopping television, specialty outlets and online shopping. It offers health and beauty products, including DermaWand, a skin care device that reduces the appearance of fine lines and wrinkles, and helps improves skin tone and texture; and DermaVitál, a professional quality skin care range that effects superior hydration. International Commercial Television Inc. was founded in 1993 and headquartered in Wayne, Pennsylvania.
Forward-Looking Statements. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words "believe," "anticipate," "estimate," "expect," "intend," "plan," "project," "prospects," "outlook," and similar words or expressions, or future or conditional verbs such as "will," "should," "would," "may," and "could" are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company's forward-looking statements, please see the Company's Annual Report on Form 10-K for the year ended December 31, 2012, including but not limited to the discussion under "Risk Factors" therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.
International Commercial Television