CHARLOTTE, N.C., June 30, 2016 (GLOBE NEWSWIRE) — Life Clips®, Inc. (OTCQB:LCLP), an innovative brand of products revolutionizing the way people capture, manage, enjoy, and charge the devices that share life’s moments announces that the company has signed an exclusive distribution agreement with Cities Market for the Life Clips® 4K Action Camera & Accessories granting the exclusive right to distribute to Best Buy, Best Buy.com, Target & Target.com.
Senior VP of Sales for Life Clips® William Singer says, “As Life Clips is opening new sales channels we are excited to be working with such a well-established firm. Marty Hawk and the team at Cities Market are a wonderful addition to the Life Clips family. While we do not have contracts yet with these prestigious brand name retailers, Cities Market has a fantastic track record of establishing those relationships.”
About Life Clips®, Inc:
Life Clips is a developer and manufacturer of action cameras aimed at families, action sports enthusiasts, and those on vacation. Life Clips also offers innovative accessories like one time use batteries Mobeego® for mobile devices. Our future cameras will allow for live streaming and filming an event from more than one perspective. High quality videos and stills can be taken from unique positions. www.LifeClips.com
About the Company Formerly Known as Established Brands
Established Brands was focused on bringing exciting, innovative, merchandising strategies, ideas, brands and products to its retail and manufacturing partners that included Target, Best Buy Walmart, GameStop, Amazon, and others. The company worked collaboratively with retail and manufacturing partners on category and product invention and reinvention initiatives across North American retail channels and around the world.
About Mobeego®
The Mobeego® brand launched in November 2015. Mobeego® is available within 15 different countries and has sold north of 450,000 units. Mobeego®’s anticipated revenue before the end of Q3 of this year is $1,000,000. The Mobeego® product is an affordable & award winning one time use wireless, disposable & recyclable battery that plugs directly into one’s mobile device, iPad, or action camera. The products can be seen at the Mobeego site: www.mobeego.com.
Safe Harbor Statement
In addition to statements of current and historical fact, this Press Release contains forward-looking statements. The words “forecast,” “will,” “intend,” “anticipate,” “project,” “intend,” “expect,” “should,” “believe” and similar expressions are intended to identify forward-looking statements. Although we believe that we have a reasonable basis for each forward-looking statement contained in this Press Release, we caution you that these statements are based on a combination of facts and factors currently known by Life Clips and its projections of the future, about which it cannot be certain. These forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors, including those discussed in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Life Clips’ annual report on Form 10-Q and quarterly reports on Form 10-Q filed with the Securities and Exchange Commission (the “SEC”), as well as matters discussed in Life Clips’ financial statements and related notes and other filings with the SEC, which may cause its actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Accordingly, all forward-looking statements should be evaluated with an understanding of their inherent uncertainty. Except as required by law, Life Clips assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
CONTACT: CONTACT INFORMATION: Robert Gruder Chief Executive Officer [email protected] Investor Relations David Kugelman Atlanta Capital Partners, LLC (404) 856-9157 (866) 692-6847 Toll Free - U.S. And Canada