LOS ANGELES, June 21 /PRNewswire-FirstCall/ -- Bluetorch Inc. (OTC Bulletin Board: BTOR - News), announced today that it has signed a letter of intent with Laguna Niguel, CA based Island Tribe Inc. to purchase a majority interest in the surf apparel brand.
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Bruce MacGregor, President and CEO of Bluetorch Inc. stated, "This is one of the freshest brands I have seen in over twenty years of business. One tends to get jaded by all the product offerings in the marketplace. Nonetheless, the Island Tribe concept and the authentic look of the apparel amazed me from the beginning. I believe we can help Island Tribe management immensely in fulfilling their potential. I am also confident that Island Tribe has tremendous opportunity beyond just apparel. Like the Bluetorch brand, I see Island Tribe as a multi-product category brand down the road."
Domingo "Ming" Clemente, the Founder of Island Tribe added, "This potential agreement is a life long dream for me. It has been a vision in my thoughts, dreams and lifestyle for more than fifteen years. Now my vision is becoming reality. I am looking forward to Bluetorch Inc. helping us take it to the next level. Bruce has a track record of growing brands, which is very attractive to us."
Paul Hadley, President of Island Tribe commented, "We have had tremendous success selling Island Tribe apparel. In particular, the reaction from all levels of the marketplace, including celebrities and athletes has been overwhelming. More importantly, Ming and I also understand that for us to maximize the brand's potential, we needed access to a greater infrastructure allowing us to do what we do best, which is to create, market and sell product."
Added MacGregor, "Ming and Paul have done an amazing job. I am confident, that beyond Island Tribe, they will bring additional skills and savvy to the collective Bluetorch Inc. family. I know I speak for both parties in saying that we are eager to finalize a definitive agreement as soon as possible and move on to the task at hand."
About Island Tribe Inc.
According to the Founder of Island Tribe, Ming Clemente, Island Tribe is an attitude or spirit. "Our vision is to be a wave that refreshes the shores of America with rich cultural heritage, lifestyle and family values from the Islands." Island Tribe is "the love of many Islands."
Island Tribe is an aggressive surf apparel and accessories company based in Orange County, California, or as it is popularly referred to; the "OC." The brand's focus is to establish and promote the Island Tribe label as a recognizable lifestyle apparel brand for the youth and young adult market. Consumers in Washington, Oregon, California, and Arizona have consistently confirmed what the rest of the country will learn, which is the deep sense of authenticity coming from the brand's designs and message.
Domingo "Ming" Clemente -- Founder and "Tribal Chief" of Island Tribe:
Mr. Clemente was born in the Philippines, raised in Southern California and educated in London, England and the United States. Mr. Clemente is a graduate of The American College for Applied Arts in both London and Los Angeles and the Fashion Institute of Design & Merchandising in Los Angeles. He brings fifteen years of management experience in visual communication and design/merchandising with market leaders such as the Home Depot's EXPO Design Centers, IKEA Home Furnishings, KB Home Corporation and Anne Sack, A Kohler Company. Mr. Clemente began the Island Tribe journey in 2000 under Clemente Enterprises.
Paul Hadley -- President of Island Tribe:
Mr. Hadley has over twenty years of entrepreneurial and corporate experience in various industries, including sporting goods. He also brings a wealth of both industry and personal relationships to Island Tribe, both on the domestic and international stage. Mr. Hadley attended Brigham Young University where he received a scholarship (track & football) and was a communications major. Mr. Hadley has served in various positions in his career including VP of Sales for North America at BeCo Inc. and National Sales Director for Air-Built. He also represented Nike Golf in Northern Florida, the brand's largest domestic market.
For more information please visit: www.islandtribe.com.
About Bluetorch Inc.
Bluetorch Inc. is an emerging extreme sports company that is rapidly establishing itself as a one-stop shop in the extreme sports industry with a multi-branded portfolio. Bluetorch Inc. presently markets and wholesales Bluetorch, TSABrand and Airwalk branded apparel. Beyond apparel, the Company's goal is to translate the Bluetorch name into a complete lifestyle company focusing on an eclectic array of products for the core extreme sports enthusiast. The Bluetorch apparel line is targeted to core extreme sports and specialty shops. The TSABrand apparel line, after over ten years of distribution in the core shops, is now targeting to expand into better department stores and sporting goods stores such as Sports Chalet, while the Airwalk line will continue to target the mid-tier department store and sporting goods channels through retailers such as The Sports Authority.
Management has a well-defined growth strategy focused on licensing, product diversification, and a marketing program that encompasses the entire spectrum of the extreme sports community. The Company's management philosophy is based on establishing sound fundamentals, which over time will produce shareholder value. The business model is directed towards the extreme sports arena, one of the fastest-growing segments in both the sporting goods and apparel industries. The business strategy also calls for further acquisitions and/or licensing agreements that can contribute to an expansion of distribution channels, which in turn can contribute growth in revenues and earnings. For more information or to stay updated on the Company's progress, visit: www.bluetorchinc.net or www.otcfn.com/btor.
Investor Contact Information: Marge Rohr at (562) 623-4040 or investors@bluetorchinc.net, and Geoffrey Eiten, OTC Financial Network, (781) 444-6100 x613 or geiten@otcfn.com.
Safe Harbor:
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
--------------------------------------------------------------------------------
Source: Bluetorch Inc.
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
Bluetorch Inc. Announces Letter of Intent to Purchase a Majority Interest in Island Tribe Inc.
Tuesday June 22, 7:00 am ET
LOS ANGELES, CA--(MARKET WIRE)--Jun 22, 2004 -- Bluetorch Inc. (OTC BB:BTOR.OB - News) announced today that it has signed a letter of intent with Laguna Niguel, CA based Island Tribe Inc. to purchase a majority interest in the surf apparel brand.
ADVERTISEMENT
Bruce MacGregor, President and CEO of Bluetorch Inc., stated, "This is one of the freshest brands I have seen in over twenty years of business. One tends to get jaded by all the product offerings in the marketplace. Nonetheless, the Island Tribe concept and the authentic look of the apparel amazed me from the beginning. I believe we can help Island Tribe management immensely in fulfilling their potential. I am also confident that Island Tribe has tremendous opportunity beyond just apparel. Like the Bluetorch brand, I see Island Tribe as a multi-product category brand down the road."
Domingo "Ming" Clemente, the Founder of Island Tribe, added, "This potential agreement is a life-long dream for me. It has been a vision in my thoughts, dreams and lifestyle for more than fifteen years. Now my vision is becoming reality. I am looking forward to Bluetorch Inc. helping us take it to the next level. Bruce has a track record of growing brands, which is very attractive to us."
Paul Hadley, President of Island Tribe, commented, "We have had tremendous success selling Island Tribe apparel. In particular, the reaction from all levels of the marketplace, including celebrities and athletes has been overwhelming. More importantly, Ming and I also understand that for us to maximize the brand's potential, we needed access to a greater infrastructure allowing us to do what we do best, which is to create, market and sell product."
Added MacGregor, "Ming and Paul have done an amazing job. I am confident, that beyond Island Tribe, they will bring additional skills and savvy to the collective Bluetorch Inc. family. I know I speak for both parties in saying that we are eager to finalize a definitive agreement as soon as possible and move on to the task at hand."
About Island Tribe Inc.
According to the Founder of Island Tribe, Ming Clemente, Island Tribe is an attitude or spirit. "Our vision is to be a wave that refreshes the shores of America with rich cultural heritage, lifestyle and family values from the Islands." Island Tribe is "the love of many Islands."
Island Tribe is an aggressive surf apparel and accessories company based in Orange County, California, or as it is popularly referred to; the "OC." The brand's focus is to establish and promote the Island Tribe label as a recognizable lifestyle apparel brand for the youth and young adult market. Consumers in Washington, Oregon, California, and Arizona have consistently confirmed what the rest of the country will learn, which is the deep sense of authenticity coming from the brand's designs and message.
Domingo "Ming" Clemente - Founder and "Tribal Chief" of Island Tribe:
Mr. Clemente was born in the Philippines, raised in Southern California and educated in London, England and the United States. Mr. Clemente is a graduate of the The American College for Applied Arts in both London and Los Angeles and the Fashion Institute of Design & Merchandising in Los Angeles. He brings fifteen years of management experience in visual communication and design/merchandising with market leaders such as the Home Depot's EXPO Design Centers, IKEA Home Furnishings, KB Home Corporation and Anne Sack, A Kohler Company. Mr. Clemente began the Island Tribe journey in 2000 under Clemente Enterprises.
Paul Hadley - President of Island Tribe:
Mr. Hadley has over twenty years of entrepreneurial and corporate experience in various industries, including sporting goods. He also brings a wealth of both industry and personal relationships to Island Tribe, both on the domestic and international stage. Mr. Hadley attended Brigham Young University where he received a scholarship (track & football) and was a communications major. Mr. Hadley has served in various positions in his career including VP of Sales for North America at BeCo Inc. and National Sales Director for Air-Built. He also represented Nike Golf in Northern Florida, the brand's largest domestic market.
For more information please visit: www.islandtribe.com
About Bluetorch Inc.
Bluetorch Inc. is an emerging extreme sports company that is rapidly establishing itself as a one-stop shop in the extreme sports industry with a multi-branded portfolio. Bluetorch Inc. presently markets and wholesales Bluetorch, TSABrand and Airwalk branded apparel. Beyond apparel, the Company's goal is to translate the Bluetorch name into a complete lifestyle company focusing on an eclectic array of products for the core extreme sports enthusiast. The Bluetorch apparel line is targeted to core extreme sports and specialty shops. The TSABrand apparel line, after over ten years of distribution in the core shops, is now targeting to expand into better department stores and sporting goods stores such as Sports Chalet, while the Airwalk line will continue to target the mid-tier department store and sporting goods channels through retailers such as The Sports Authority.
Management has a well-defined growth strategy focused on licensing, product diversification, and a marketing program that encompasses the entire spectrum of the extreme sports community. The Company's management philosophy is based on establishing sound fundamentals, which over time will produce shareholder value. The business model is directed towards the extreme sports arena, one of the fastest-growing segments in both the sporting goods and apparel industries. The business strategy also calls for further acquisitions and/or licensing agreements that can contribute to an expansion of distribution channels, which in turn can contribute growth in revenues and earnings. For more information or to stay updated on the Company's progress, visit: www.bluetorchinc.net or www.otcfn.com/btor.
Safe Harbor:
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
Contact:
Investor Contact Information:
Marge Rohr
(562) 623-4040
or
investors@bluetorchinc.net
Geoffrey Eiten
OTC Financial Network
(781) 444-6100 x613
or
geiten@otcfn.com.
--------------------------------------------------------------------------------
Source: Bluetorch
------------------
Due Da Due......But Be Quick About It!!!!!
DaDog
Bluetorch Inc. Presents Their Fall Products Online at bluetorchinc.net
Wednesday June 23, 7:00 am ET
LOS ANGELES, June 23 /PRNewswire-FirstCall/ -- Bluetorch Inc. (OTC Bulletin Board: BTOR - News), announced today that the collective fall product lines for its two subsidiaries, Unboxed Distribution Inc. and Total Sports Distribution Inc. is now available for viewing online at www.bluetorchinc.net. By clicking on "Product" viewers will be offered three logos representing the three brands, Airwalk®, TSABrand (True Sports Apparel®) and Bluetorch(TM). By clicking on the brand logos, visitors to the sight can view the respective apparel lines.
Bruce MacGregor, President and CEO of Bluetorch Inc. stated, "Many of our shareholders have voiced an interest in being able to view the various apparel product lines we are presently selling for gall 2004 delivery. Our designers have done an amazing job in capturing the spirit and essence of each brand. We have combined outstanding fashion with great value for the respective channels of distribution being targeted by our subsidiaries and their respective apparel brands."
The company stated that the fall apparel would be shown at the upcoming shareholders meeting at the end of July (2004).
Added MacGregor, "I would encourage retailers to visit the Bluetorch Inc. web site and review the depth of our product offerings for fall."
Unboxed Retailer Enquiries: (888) 631-2200
Total Sports Retailer Enquiries: (888) 401-1800
Former No Fear Executive Appointed National Sales Manager for All Bluetorch Inc. Specialty Brands
LOS ANGELES - PRNewswire-FirstCall - June 30
LOS ANGELES, June 30 /PRNewswire-FirstCall/ -- Bluetorch Inc. (BULLETIN BOARD: BTOR) , announced today that it has hired Todd Everett as the new National Sales Manager for specialty brands of Unboxed Distribution Inc.'s, Bluetorch(TM) apparel, True Sports Distribution Inc.'s and TSABrand (True Skate Apparel(R)).
Mr. Everett started his action sports career at ZJ Boarding House in Santa Monica, CA in 1994. Mr. Everett comes to Bluetorch Inc. from No Fear Inc. a leading national action sports apparel company. Mr. Everett started with No Fear in February 2000 as the Western Regional Sales Manager and eventually assumed the role of National Sales Manager. Mr. Everett replaces the current sales manager Stewart Kawamura.
Bruce MacGregor, President and CEO of Bluetorch Inc. stated, "I am extremely pleased to have Todd joining the management team. I believe he will have a tremendous impact on our sales efforts at Unboxed and Total Sports. He has a great understanding of the target core account base as well as existing relationships with the larger specialty chains. Our product designs and development have been exceptional; which requires professional marketing expertise in order to maximize our sales efforts and focus. Todd's proven sales managerial skills will allow us to review and implement a stronger outside sales organization. The company is experiencing a series of evolutional changes as we acquire new brands and rapidly expand our product lines. As the hiring of Todd shows, we will certainly not be shy about making whatever changes are necessary to achieve the sales results both necessary and expected."
Stated Everett, "I am extremely excited about the future of Bluetorch. I was a big devotee of the Bluetorch television series when it was being produced. It is a tremendous platform to build brand recognition. The television series is all about quality from creation to execution. The focus on the apparel side will be to maintain that quality from design to distribution. There is an incredible opportunity for Bluetorch to become an industry powerhouse based on unprecedented growth in the action sports industry over the last 5 years. The possibilities with this brand are limitless, from apparel to accessories, to event sponsorship and promotion. Once again, I am keyed up about what the future holds for this company."
About Bluetorch Inc.
Bluetorch Inc. is an emerging extreme sports company that is rapidly establishing itself as a one-stop shop in the extreme sports industry with a multi-branded portfolio. Bluetorch Inc. presently markets and wholesales Bluetorch, TSABrand and Airwalk branded apparel. Beyond apparel, the Company's goal is to translate the Bluetorch name into a complete lifestyle company focusing on an eclectic array of products for the core extreme sports enthusiast. The Bluetorch apparel line is targeted to core extreme sports and specialty shops. The TSABrand apparel line, after over ten years of distribution in the core shops, is now targeting to expand into better department stores and sporting goods stores such as Sports Chalet, while the Airwalk line will continue to target the mid-tier department store and sporting goods channels through retailers such as The Sports Authority.
Management has a well-defined growth strategy focused on licensing, product diversification, and a marketing program that encompasses the entire spectrum of the extreme sports community. The Company's management philosophy is based on establishing sound fundamentals, which over time will produce shareholder value. The business model is directed towards the extreme sports arena, one of the fastest-growing segments in both the sporting goods and apparel industries. The business strategy also calls for further acquisitions and/or licensing agreements that can contribute to an expansion of distribution channels, which in turn can contribute growth in revenues and earnings. For more information or to stay updated on the Company's progress, visit: http://www.bluetorchinc.net/ or http://www.otcfn.com/btor.
Investor Contact Information: Marge Rohr at (909) 861-3244 or investors@bluetorchinc.net, and Geoffrey Eiten, OTC Financial Network, (781) 444-6100 x613 or geiten@otcfn.com.
Safe Harbor:
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
Bluetorch Inc.
Web site: http://www.otcfn.com/btor
Web site: http://www.bluetorchinc.net/