ZAGG Expands Mall Cart Division
Source: http://smallcapvoice.com/blog/zagg-expands-mall-cart-division/Posted on Thursday, May 7th, 2009 | In Market Commentary, Small & Micro Cap
Original invisibleSHIELD Manufacturer Finds Success with Local Distributors
ZAGG Inc. (OTCBB: ZAGG), a leading producer of mobile electronics accessories including the popular invisibleSHIELDTM, announces a significant increase in business generated through their mall cart program. The program brings ZAGG’s product lines to major mall locations throughout the United States.
The mall cart division of ZAGG was founded in 2006 with the first location in the Fashion Place Mall in Salt Lake City, Utah. By the end of 2008, the program had grown to a total of 37 carts in 13 States. In 2009, the division expects to expand to 80 carts, and has secured 12 locations for 49 total by the end of the first quarter. Most of the carts are independently owned and operated by customers who became interested in the invisibleSHIELD.
“ZAGG’s mall cart program is a great avenue to become involved with the invisibleSHIELD and share our phenomenal success,” said Derek Smith, ZAGG’s Vice President of Sales. “New cart owners become the local experts where our online customers can go to ask questions, which helps generate additional business. It’s a very successful model that benefits all of the partners involved.”
“The ZAGG Mall Cart program offers a proven formula for success to interested entrepreneurs,” said Smith. “New business owners are able to capitalize on our years of mall cart experience and strong and growing brand presence, which are invaluable assets when trying to start a new business.”
The invisibleSHIELD is created from an exclusive, ultra-tough patented film originally designed for the U.S. Military to protect helicopter blades from wind, sand, and the wear and tear of high-speed travel. Combining military-grade scratch protection with precision-cut designs, the invisibleSHIELD, backed by a lifetime guarantee, allows customers to use their electronics without the fear of scratches or nicks.
For more information on opening an invisibleSHIELD cart, please contact ZAGG at carts@ZAGG.com. To see ZAGG’s full catalog or to purchase online, please visit www.ZAGG.com.
About ZAGG Inc.:
ZAGG Inc. designs, manufactures, and distributes protective clear coverings and accessories for consumer electronic and hand-held devices, worldwide under the brand names invisibleSHIELDTM and ZAGGaudioTM. The invisibleSHIELD is a protective, high-tech patented film covering, designed for iPods, laptops, cell phones, digital cameras, PDAs, watch faces, GPS systems, gaming devices, and other items. The patent-pending invisibleSHIELD application of clear protective film covering a device is the first scratch protection solution of its kind on the market, and has sold millions of units. Currently, ZAGG offers over 3,000 precision pre-cut designs with a lifetime replacement warranty through online channels, big box retailers like Best Buy, resellers, college bookstores, Mac stores and mall kiosks. The company continues to increase its product lines to offer additional electronic accessories and services to its tech-savvy customer base. For more product or investor information, please visit the company’s web site at www.ZAGG.com.
Safe Harbor Statement:
This 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, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in filings made by the company with the Securities and Exchange Commission.
ZAGG Inc.
Media:
Nathan Nelson, 801-263-0699, ext. 107
nnelson@zagg.com
Investor Relations:
Brandon O’Brien, CFO, 801-263-0699, ext. 122
brandon@zagg.com
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