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Eternal Image Provides Revenue Projections for 2007 Jan 12, 2007 10:30:00 AM Copyright Business Wire 2007 FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--
Eternal Image, Inc. (OTC: ETIM.PK), a public company engaged in the design, manufacturing and marketing of licensed image caskets and urns, held an online question and answer session today with shareholders and other interested parties. During that conference, Chief Financial Officer James Parliament announced that the company has begun receiving revenue from orders directly from funeral homes and distributors.
"During December 2006, Eternal Image booked more than $45,000 in orders that will begin shipping this month," said Parliament. "Based on the interest we are receiving from funeral professionals and the general public, combined with distribution agreements in place and being negotiated, we project that Eternal Image will generate sales in calendar year 2007 of approximately $3.1 million."
Eternal Image, founded in 2002, is headquartered in Farmington Hills, MI. The company is the first and only manufacturer and marketer of licensed image funerary products. Currently, the company offers urns and caskets that feature licensed images. For a complete list of licenses and products, visit www.EternalImage.net or call 1-888-6-CASKET.
SAFE HARBOR STATEMENT
Statements in this news release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may", "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential" or "continue" or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.
Source: Eternal Image, Inc.
---------------------------------------------- Cambridge Investor Relations Tony Fazio 781-214-9038 or Media Relations: a.s.a.p.r. Robbie Tarpley Raffish 410-883-2000
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