posted
It's a new company with new management, here's the PR:
Three Sixty, Inc. (TSXT) Completes Acquisition/Merger of Rockford-Montgomery Labs, Inc.
ATHENS, GA, May 30, 2007 (MARKET WIRE via COMTEX) -- Three Sixty, Inc. (PINKSHEETS: TSXT) announces that it has completed its acquisition/merger of Rockford-Montgomery Labs, Inc., innovator of the 360 OTC brand (www.360otc.com) of over-the-counter pharmaceutical products. Michelle Shearer, CEO & President of Rockford-Montgomery Labs, Inc., has replaced Edward Hayter and Wayne Burmaster as President & CEO and Chairman of the Board of Three Sixty, Inc., effective today. Under the new company structure, Mr. Hayter and Mr. Burmaster have resigned from their positions, and do not and will not have any affiliation with nor do they own/hold any stock/ownership position in Three Sixty, Inc. and Mr. Hayter has returned 100% of his preferred stock to the company.
The current share structure of the company is 23,001,000 shares issued and outstanding with 20,000,000 Restricted Preferred Shares and 3,001,000 Common Shares in the public float. The company will reduce the authorized shares to 500,000,000 by resolution and will file it with the Secretary of State of Delaware immediately.
Michelle Shearer stated, "We are very comfortable with this acquisition/merger after extensive research and due diligence and are very excited about the completion of this transaction and bringing a fresh start to the company's future." We launched our 360 OTC Pain Relief and 360 OTC Alertness Aid marketing campaign in February 2007 at the Daytona 500 with the 360 OTC Blimp and the #36 NEXTEL CUP SERIES race car driven by Jeremy Mayfield. On April 1, 2007 we became the "Official Pain Relief" of WWE WRESTLEMANIA 23 and Three Sixty Inc. has added its stock symbol "TSXT" on the front hood and both side panels of its #36 360 OTC/TSXT NEXTEL CUP SERIES TOYOTA car.
Today, 360 OTC Pain Relief and 360 OTC Alertness Aid is available nationally in 6,200 CVS/Pharmacy stores, 5,461 Walgreens Stores and all 185 Meijers stores making 360 OTC products available in 11,846 stores nationally. 360 OTC products are available on the web at www.CVS.com.
360 OTC Hangover Relief and 360 OTC Hangover Lite is currently being manufactured and will ship to 11,846 CVS/Pharmacy, Walgreens and Meijers stores. 360 OTC Hangover Relief will also be available online at www.CVS.com.
ABOUT THREE SIXTY, INC:
Posts: 210 | Registered: Aug 2006
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posted
Up over 100% today. Too rich for my blood, but would been nice to be in this one a few days ago.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
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posted
Just called the TA and verified the OS is 3M, that's right, the OS 3M!!! Only a $1.5M market cap, and estimated sales of $35M this year. Extremely undervalued here. Don't forget Walmart and Kmart deals to be PRd soon.IMO
Posts: 210 | Registered: Aug 2006
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Related Quotes Sym. Price Chg. TSXT Trade News 0.87 0.1 TSXT Exceeds Initial Retailer Projections and Hangover ReliefPre-Orders
Jun 18, 2007 13:38:28 (ET)
ATHENS, GA, Jun 18, 2007 (MARKET WIRE via COMTEX) -- Three Sixty, Inc. (PINKSHEETS: TSXT), innovator of the 360 OTC brand ( www.360otc.com ) of over-the-counter pharmaceutical products, has exceeded their retail and revenue projections from the addition of additional mass retailers and pre-orders of the 360 OTC Hangover Relief and 360 OTC Hangover Relief Lite products.
The company's first quarter pharmaceutical revenues of the 360 OTC Pain Relief and 360 OTC Ignite (Alertness Aid) product sales were $1,313,126, for the first quarter with revenues beginning on February 18th, 2007 which includes, the 41 calendar days remaining in the first quarter from the date of the products' launch. The company received per orders an additional $1,150,000 of revenue from sales of advertising with its marketing assets in the same period.
Bob Quay, SVP of Sales, stated, "The company's projections were based on securing two mass retail accounts in the first six months of 2007 and six mass retailers by the end of December 2007. The recent addition of Meijer and TARGET stores is instrumental in our increased revenue, and we have added a sales office in Novi, Michigan, to accommodate our retail customers in the Midwest."
CVS/Pharmacy, Walgreen's, Meijer and TARGET stores are the early adapters of the 360 OTC brand, and the company will announce the addition of certain key Fortune 100 executives within the next few weeks to ensure adequate expansion for the immediate growth of Three Sixty, Inc.
"We are off to a great start with products currently available in three of four* mass retailers nationally in our first four months, and we will have products available in six retailers by the end of August 2007. Having TARGET on-board nationally with our 360 OTC Hangover Relief and 360 OTC Hangover Lite products really helps establish our brand. This confirms our roll-out strategy of marketing our products selectively to established national retail chain stores and is significant in our pre-orders for the 360 OTC Hangover Relief products," said Michelle Shearer, CEO of Three Sixty, Inc.
*The company launched its brand (360 OTC) in February of this year in all CVS/Pharmacy, Walgreen's and Meijer (11,846) stores nationally. The company will begin shipping products at the end of July to arrive at all 1,500 TARGET stores nationally.
ABOUT THREE SIXTY, INC:
Three Sixty, Inc. is an acquisition company of branded healthcare and food products. The Company targets niche market segments of nationally distributed brands in its respective categories across food, drug, dollar, convenience stores, warehouse and mass merchandisers.
The Company's portfolio of products include 360 OTC brand which include 360 OTC Pain Relief, 360 OTC Ignite Alertness Aid, 360 OTC Hangover Relief, 360 OTC Hangover Lite and three other products to be announced by June 30th, 2007.
For more information, please visit the Company's website: www.360OTC.com .
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Three Sixty, Inc. Investor Relations Tel: 1-706-354-3725 Fax: 1-800-927-1593
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Related Quotes Sym. Price Chg. TSXT Trade News 0.87 -0.05 Three Sixty, Inc. (TSXT) Hires Marketing Veteran From Gillette
Jun 19, 2007 00:29:59 (ET)
ATHENS, GA, Jun 19, 2007 (MARKET WIRE via COMTEX) -- Three Sixty, Inc. (PINKSHEETS: TSXT), a brand management company focused on the marketing, sales, production, and distribution of 360 OTC(R) pharmaceuticals, announced today that it has hired Stephen Hepler, former Marketing Manager for The Gillette Company, a Proctor & Gamble Company.
Stephen Hepler, a 30 year veteran at Gillette has worked as Marketing Manager, Sales Planning Manager, National Accounts Manager, District Sales Manager, Assistant Sales Promotion Manager and Regional Training Manager. He has been responsible for developing field marketing plans, co-managed profit & loss budgets, managed category managers, created national display promotions, multi-channel retailer marketing product promotions and piloted collateral development programs for major national accounts.
"We have been in discussions with Mr. Hepler for several months now and the timing to add Stephen has worked out perfectly for our 360 OTC summer and holiday marketing campaigns. This allows us to manage 100% of our advertising and marketing in-house which confirms our strong commitment and confidence in our future success. Air, Sea & Ground (ASG) has done a tremendous job in launching this brand to this point and has aggressively put us in position to take it to the next level internally. We want our shareholders to know that we are building a first class organization and that we believe these are necessary steps to demonstrate the depth of our commitment and the importance that we place on enhancing shareholder value," said Michelle Shearer, CEO of Three Sixty, Inc.
Stephen Hepler stated, "My experience as a top brand in youth and sports marketing will quickly transfer to the bottom line of this company. By understanding how to reach these markets and combining that with the sales depth of Robert Quay, the company should see very strong results by the 4th quarter of 2007. We can easily see our niche market with a pack of 360 OTC in their pocket or medicine cabinet by the end of summer 2007. The 360 OTC(R) brand is priced perfectly between the name brand and generic competitors in this multi-billion dollar analgesic (pain) industry and we plan to leverage that throughout the entire industry. 360 OTC has carved out this category perfectly with its new packaging and product selection very similarly to what Gillette has done with their 'Young Guns' razor campaign and as AXE(R) has done with their body wash and sprays."
As Marketing Manager for Gillette, Mr. Hepler developed and managed Gillette's sponsorship of NASCAR, including contract negotiations, national media recommendations, POS development, retailer execution and hospitality management.
For more information, please visit the Company's website: www.360OTC.com .
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Three Sixty, Inc. Investor Relations Tel: 1-706-354-3725 Fax: 1-800-927-1593
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Related Quotes Sym. Price Chg. S Trade News 22.08 0.09 TSXT Trade News 0.67 -0.03 Former Sprint NEXTEL Senior Executive Named as President of ThreeSixty, Inc. (TSXT)
Jun 21, 2007 09:02:33 (ET)
ATHENS, GA, Jun 21, 2007 (MARKET WIRE via COMTEX) -- Three Sixty, Inc. (PINKSHEETS: TSXT), a brand management company focused on the marketing, sales, production, and distribution of 360 OTC(R) pharmaceuticals, announced today that it has hired Todd Weller, former Vice President of Business Development for Sprint NEXTEL Inc., as President of Three Sixty, Inc.
Todd Weller, who has spent 7 years at Sprint NEXTEL as Vice President of Business Development, Sports Sponsorships, Area Vice President and General Manager has devised and implemented solutions to a diverse range of business, technology, sales and marketing challenges in both corporate and entrepreneurial environments.
Mr. Weller is skilled in strategic planning, account management, executive relationships, budgeting, profit & loss management and is successful in launching and resurrecting stagnant sales & business operations.
While at Sprint NEXTEL, Mr. Weller drove revenue through establishing executive and celebrity relationships with NASCAR, NFL, PGA, and NHL affiliated business groups. Mr. Weller has lead cross-functional teams to identify and develop new alliances to maximize business opportunities and achieve ROI objectives for some of the largest sports sponsorship investments in history.
Mr. Weller directed $465 million in sales while orchestrating a turnaround and revitalization of an under producing region while managing overall sales and service activity in conjunction with marketing, engineering and customer operations to support sales. He rebuilt an entire sales organization delivering significant and sustainable revenue gains while serving as Area Vice President and General Manager.
"We are very enthusiastic about adding Mr. Weller to our team. I have had an opportunity to spend a considerable amount of time with Todd prior to him signing on with Three Sixty, Inc. and I am extremely confident that he understands the overall vision of the company and has the ability to work closely with our management team. His proven ability to develop and perform in an enterprenureal and corporate environment will prove to be invaluable to us," said Michelle Shearer, CEO of Three Sixty, Inc.
Todd Weller stated, "With the team that Michelle has put in place and the immediate impact we will have to this company's bottom line is very exciting. The opportunity to strategically implement all of the wisdom of our management team from PriceWaterhouseCoopers, Gillette and Alberto Culver in addition to my Sprint NEXTEL experience will amount to a valuable proposition for everyone. Ms. Shearer has empowered me to direct this company at the highest level possible and to make any necessary changes to accomplish our goals."
Prior to Sprint NEXTEL, Mr. Weller was the Market Director for Aerial Communications (a wholly owned subsidiary of TDS, a privately held GSM digital cellular service provider) growing the business to over $120,000,000 in this start-up enterprise and was the Sales Manager, National Accounts for BELLSOUTH CELLULAR (now ATT).
For more information, please visit the Company's website: www.360OTC.com .
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Three Sixty, Inc. Investor Relations Tel: 1-706-354-3725 Fax: 1-800-927-1593
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Related Quotes Sym. Price Chg. TSXT Trade News 0.78 0 Three Sixty, Inc. (TSXT) Introduces New Products to Mass RetailersNationally
Jun 22, 2007 12:43:13 (ET)
ATHENS, GA, Jun 22, 2007 (MARKET WIRE via COMTEX) -- Three Sixty, Inc. (PINKSHEETS: TSXT), a brand management company focused on the marketing, sales, production, and distribution of 360 OTC(R) pharmaceutical products, announced today that in addition to our 360 OTC Pain Relief, 360 OTC IGNITE (alertness aid), 360 OTC Hangover Relief and 360 OTC Hangover Lite, we are proud to announce two new FDA OTC Approved products to the mass retail markets.
Three Sixty, Inc.'s strategy is built on creating a line of pharmaceutical products specifically targeted to young adults (early adapters) and sports enthusiasts that span across all categories of the over-the-counter isles.
Bob Quay, SVP of Sales, stated, "We have built our early success by creating youth oriented packaging and pricing our products comfortably between the competitive major brands and the generics. Our vision is to build a full-line of products by identifying the top selling competitive products in each category and secure an eye-level spot for our products at each retail location. We also are packaging the new 360 OTC Hangover Relief products to be sold in a 2-pill per pack format designed for check-out stand presence in national chain convenience stores, dollar stores, vending machines and hotel/casino mini-bars."
New Products:
360 OTC IBUPROPHEN:
Purpose: Pain Reliever and Fever Reducer
Uses: Temporarily relieves minor aches and pains due to headache, toothache, backache, menstrual cramps, common cold, muscular aches and minor pain of arthritis
360 OTC PM:
360 OTC PM is not habit forming, relieves your pain, and helps you sleep so you feel renewed the next morning.
The National Sleep Foundation recommends that most people get eight hours of sleep per night. It's not just the number of hours that count; it's also the quality of the sleep you receive. It's important to get an uninterrupted, restful night's sleep.
Lack of sleep can make performing simple tasks difficult and can impair short-term memory, concentration, and alertness.
Uses: Temporarily relieves occasional headaches and minor aches and pains with accompanying sleeplessness.
Michelle Shearer, CEO of Three Sixty, Inc., stated, "This gives our company a tremendous competitive edge by being the first pharmaceutical company to market a complete product line solution in the analgesic (pain) category. The addition of these products will not only help expedite our financial projections, they will increase our bottom line. The company is investing a substantial amount of money into the infrastructure to manufacture, inventory and integrate Radio Frequency Identification (RFID)* Tags into our products for specific mass retailer(s)."
Three Sixty, Inc. released projected revenues of $32,500,000 to $35,000,000. This revenue projection is estimated to leave $2 million in net income for the Company at the end of the next twelve months. "We have to market the product to get the product in stores and increase awareness of the 360 OTC brand. Once there is awareness, the net income will increase for the Company," stated Michelle Shearer.
*WHAT IS RDIF?
RDIF tags are specially coded pieces of cloth or plastic that send information to transmitters over radio frequencies. Unlike bar codes, which must be scanned by lasers, RDIF tags can be received by antennas far away from the actual tags. Like so many other high tech items, these RDIF tags used to cost several dollars apiece. This was obviously cost-prohibitive, in that a retailer could not afford to place a RDIF tag on every item in the store. However, these tiny transmitters now cost as little as 20 cents apiece, and the price will continue to drop as these items proliferate throughout out economy.
When RDIF tags are imbedded into product labels, retailers can take a complete inventory of all of the products on the shelves in a single moment, helping to control inventory, reduce theft, and cut costs.
This technology received a big push last month when Wal-Mart told its top 100 suppliers to deliver RDIF-tagged products by January 1, 2008. With nearly $700 million in sales per day in 2002, Wal-Mart has the clout to demo the implementation of this cutting-edge technology. After all, Wal-Mart adopted bar codes in the 1980s and helped make the technology an everyday product.
For more information, please visit the Company's website: www.360OTC.com .
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact: Three Sixty, Inc. Investor Relations Tel: 1-706-354-3725 Fax: 1-800-927-1593
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Related Quotes Sym. Price Chg. TSXT Trade News 0.66 0.02 Three Sixty, Inc. (TSXT) Appoints Director of Research & Development
Jun 28, 2007 00:32:26 (ET)
ATHENS, GA, Jun 28, 2007 (MARKET WIRE via COMTEX) -- Three Sixty, Inc. (PINKSHEETS: TSXT), a brand management company focused on the marketing, sales, production, and distribution of 360 OTC(R) pharmaceutical products, announced today that it has appointed Andrew Cobianchi, former Director of Research & Development for SOPAKCO, as Director of Research & Development for Three Sixty, Inc.
For the past 4 years Andrew Cobianchi has directed two laboratories specializing in product development for commercial and government military accounts for SOPAKCO, who has for the past 60 years been a world leader in design, processing, packaging, storage and distribution of shelf-stable processed products. Andrew's expertise lies in Product Development, Ingredient Technology, Application Development, Food & Drug Administration (FDA) Regulatory Compliance and Good Manufacturing Practices (GMP).
Prior to SOPAKCO, Andrew Cobianchi worked for 9 years at KRAFT General Foods Corporation as Project Leader and Senior Technologist at both the Tarrytown Research Facility and Cranbury Research Facility. In addition to KRAFT General Foods, Mr. Cobianchi served as Technologist for Unilever and Principal Technologist for Best Foods Corporation.
Mr. Cobianchi has an extensive pharmaceutical background in physical, chemical and biological quality assessment of raw materials for both in-process and finished goods including liquid, tablets and gel products. Andrew also developed systems to insure that products, manufacturing processes and facilities met all regulatory and legal requirements in addition to auditing various business functions against ISO 9000 quality standards while he served as Quality Assurance Manager at Boericke & Tafel (B&T) Pharmaceutical Company (sister company of Natures Way) the nation's oldest maker of homeopathic pharmaceuticals.
Michelle Shearer, CEO of Three Sixty, Inc., stated, "The addition of Mr. Cobianchi to our company is invaluable. His expertise in FDA pharmaceutical documentation, compliance, formulations, product development and ISO 9000 Standards, in addition to his experience as a Technologist for many household name brands will be extremely beneficial to accomplishing our product expansion plans both now and in the future."
Mr. Cobianchi holds a M.S., Food Science (Aseptic Packaging), and a B.S. in Food Science from Rutgers University, 1984.
About SOPAKCO
SOPAKCO Packaging manufactures and packages military rations, which are known as Meals-Ready-to-Eat or MREs. SOPAKCO Packaging maintains and operates a packaging plant in Mullins, South Carolina, and a food processing facility in Bennettsville, South Carolina. SOPAKCO Processing is a commercial food division, devoted to the design and production of ready-to-eat products and manufacturing food products for national brand companies. SOPAKCO Distribution is a commercial warehouse and distribution business and is still operating in the same city where it originated, Greeneville, Tennessee. Since 1943, SOPAKCO Distribution has grown into a 1,000,000 square foot facility in Greeneville and Kingsport, Tennessee.
For more information, please visit the Company's website: www.360OTC.com .
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Three Sixty, Inc. Investor Relations Tel: 1-706-354-3725 Fax: 1-800-927-1593
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Bill Davis Optimistic About Second Half of Season for Jeremy Mayfieldand 360 OTC/TSXT NASCAR Nextel Cup Series Racing Team
Jul 11, 2007 15:48:00 (ET)
ATHENS, GA, Jul 11, 2007 (MARKET WIRE via COMTEX) -- Three Sixty, Inc. (PINKSHEETS: TSXT). Though the 2007 season has been more of a challenge than driver Jeremy Mayfield or anyone on the No. 36 360 OTC(TM)/TSXT Racing team could have imagined, team owner Bill Davis stands certain the team is on the brink of a real turnaround. With two of Mayfield's best tracks up next on the schedule and the fact that the NASCAR Nextel Cup Series will spend the vast majority of the remainder of the season at tracks on which it has already visited, the future looks much brighter for Mayfield, 360 OTC(TM), TSXT and the Bill Davis Racing team.
"Obviously we would have liked to come out of the box stronger with Toyota and Jeremy and the entire 360 OTC(TM)/TSXT Racing team," said owner Bill Davis. "But, we knew going in that success wasn't going to come overnight and that it would take a lot of hard work and dedication to get the program rolling. We have all the right tools to get this thing turned around, we just have to put them all together and make it work. We've seen some positive results here in the last couple of weeks and we think that it's certainly a sign of good things to come."
This weekend Mayfield and 360 OTC(TM)/TSXT team will head to Chicagoland Speedway in Joliet, Illinois to begin the second half of the 2007 Nextel Cup campaign. This track is a place Mayfield has run well in the past as evidenced by his three top-10 finishes in six starts on the 1.5 mile speedway.
After wrapping things up at Chicagoland, Mayfield's Bill Davis 360 OTC(TM)/TSXT Racing team will make the trip to the famed Indianapolis Speedway, another venue at which Mayfield has posted impressive numbers and enjoyed a great deal of success. In his twelve previous races, Mayfield has an average starting position of 14.4, his second highest average of any of the tracks the Series visits. Mayfield has backed his stats with several good runs at The Brickyard, including a fourth-place effort two years ago.
Following the next two events the Series will spend much of the remainder of the season revisiting tracks at which Nextel Cup competitors have already seen once this year, no doubt something the team welcomes.
Jeremy Mayfield stated, "I'm really looking forward to going to Chicago; it's been a great race track for me in the past. We had a great car at Daytona and I was really bummed about not getting to race, but that's been the tone for the first half of the season. We've gone through the growing pains of a new team, sponsor and manufacturer. BDR and Toyota are trying hard to figure out the balance of the new Camry and I am excited that 360 OTC has their product on the shelves at CVS/Pharmacy, Walgreens. Meijer and TARGET and their stock is now trading publicly under the ticker symbol TSXT. We all look forward to a fresh start at Chicago."
Adding to the excitement of the second half of the season, the No. 36 sponsor 360 OTC(TM) will launch its 360 OTC(TM) Hangover Relief, 360 OTC(TM) Hangover Lite, 360 OTC(TM) Ibuprofen, and 360 OTC(TM) PM. "The 360 OTC(TM)/TSXT race team, Bill and Gail Davis, Jeremy Mayfield and our overall involvement in the NASCAR Nextel Cup Series has allowed us to obtain permanent shelf space in CVS/Pharmacy, Meijer, Walgreens, and TARGET. This year has been a struggle for all parties involved with the No. 36 car but we are confident the second part of the season is going to be great for everyone. Bill and Gail Davis are two of the greatest individuals this company has ever worked with and Jeremy is an excellent driver. We are behind this team 100% and are excited to go through the growing pains of being one of the first Toyota teams in the sport," stated Michelle Shearer, CEO of Three Sixty, Inc., publicly traded under the stock symbol "TSXT," and its wholly owned subsidiary Rockford-Montgomery Labs, Inc.
Rockford-Montgomery Labs, Inc. launched its 360 OTC(TM) brand in February, at the start of the 2007 NASCAR Nextel Cup season, with presence in over 11,846 stores nationally. Ms. Shearer stated, "launching a new company with a new product line, being part of a new car manufacturer in the sport and going public all in one year is a great feat and accomplishment for 360 OTC(TM), TSXT, Toyota, Bill Davis Racing and Jeremy Mayfield."
This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.
Contact:
Three Sixty, Inc. Investor Relations Tel: 1-706-354-3725 Fax: 1-800-927-1593
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