DEERFIELD BEACH, Fla., June 3, 2013 (GLOBE NEWSWIRE) -- Capstone Companies, Inc. (OTCQB:CAPC) announced that its Hong Kong based subsidiary, Capstone International HK, Ltd., which specializes in providing a broad suite of sourcing services to include project and logistics management, product development and quality control, has been appointed the exclusive manufacturer and distributor of souvenir analog watches by a licensee for the 2014 World Cup in Brazil. This exclusivity extends to North and South America as well as other duty free markets throughout the world.
"We are proud to play a role in the 2014 World Cup as this is truly one of the most prestigious sporting events in the world," stated Larry Sloven, Managing Director of Capstone International HK. "This agreement represents our initial foray into the expanding market opportunities in Asia, Europe and the Americas for Capstone International, and better positions us for launching new Capstone products on an international scale, either through partnerships, licensing or independent developments."
Capstone Companies, Inc. is a leader in the design and manufacture of specialty power failure lighting solutions and consumer safety and security products for the Hospitality, Retail and Institutional channels through its U.S. based subsidiary Capstone Industries, Inc., and expert in the development and sourcing of a broad variety of consumer innovations through its Hong Kong based Capstone International HK, Ltd.
Additional information about Capstone's involvement in the manufacturing and distribution of the souvenir analog watches for the 2014 World Cup in Brazil can be found on the Company's newest website, www.capstonecompaniesinc.com, and other product details are available at www.capstoneindustries.com.
About Capstone Companies, Inc.
Capstone Companies, Inc. is a public holding company that engages, through its wholly-owned subsidiaries, Capstone Industries, Inc. and Capstone International HK, Ltd., in the development, manufacturing, logistics, and distribution of consumer and institutional products to accounts throughout North America and in international markets. See www.capstonecompaniesinc.com for more information about the Company and www.capstoneindustries.com for information on our current product offerings.
FORWARD-LOOKING STATEMENTS:
This news release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended. Such statements consist of words like "anticipate," "expect," "project," "continue" and similar words. These statements are based on the Company's and its subsidiaries' current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the forward-looking statements. Factors that may cause actual results to differ materially from those contemplated by such forward-looking statements, include consumer acceptance of the Company's products, its ability to deliver new products, the success of its strategy to broaden market channels and the relationships it has with retailers and distributors. Prior success in operations does not necessarily mean success in future operations. The ability of the Company to adequately and affordably fund operations and any growth will be critical to achieving and sustaining any expansion of markets and revenue. The introduction of new products or the expanded availability of products does not mean that the Company will enjoy better financial or business performance. The risks associated with any investment in Capstone Companies, Inc., which is a small business concern and a "penny-stock Company" and, as such, a highly risky investment suitable for only those who can afford to lose such investment, should be evaluated together with the risks and uncertainties more fully described in the Company's Annual and Quarterly Reports filed with the Securities and Exchange Commission. Capstone Companies, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. Contents of referenced URL's are not incorporated into this press release.