PLANO, Texas, June 06, 2018 (GLOBE NEWSWIRE) -- via NetworkWire -- Sharing Services, Inc. (OTC:SHRV) announces today that it has selected Stephen Gould Corp. as the fulfillment and distribution partner to support Elevacity Global, its wholly owned subsidiary company, as operations ramp up.
"We are pleased to announce this relationship with Stephen Gould to ensure proper delivery of our products throughout the United States. We interviewed several companies in the selection process to find the right partner and feel that Stephen Gould can best service Elevacity Global’s current rapid growth cycle and will be a valuable asset as we look to expand internationally in the coming months,” stated Sharing Services CEO John “JT” Thatch.
“Consolidating the fulfillment and distribution process with our in-house personnel is a significant added benefit, as well. We will save approximately 58% from our current model, which will reflect in our bottom line in the coming months and our customers will see faster processing of orders,” added Mr. Thatch.
“We are excited about our new strategic partnership with Elevacity Global. They are a young company with an impressive team and growth outlook. We look forward to establishing a long-term, mutually beneficial partnership in which we will be able to provide them with a complete end-to-end solution, beginning with packaging design/development, kitting, pick and pack and all needed logistics and warehousing required. Stephen Gould and Elevacity will take full advantage of the partnership by utilizing the products and services that are needed today and the ability to rapidly ramp up for the growth that we see based on their business model and projections,” stated Todd D. Harmon, Senior Division Leader of Stephen Gould.
To learn more about Stephen Gould, visit www.stephengould.com for a list of services and global reach of the company.
To learn more about Elevacity Global, visit www.elevacity.com for a full list of products offered.
About Sharing Services, Inc.
Sharing Services, Inc. (SHRV) is a diversified holding company specializing in the direct selling industry. SHRV owns, operates, or controls an interest in a variety of companies that either sell products to the consumer directly through independent representatives or offers services that range from manufacturing, processing, training, and travel benefits.
To learn more, visit http://www.sharingservicesinc.com, call 714.203.6717, or email info@sharingservicesinc.com.
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 31E of the Securities Exchange Act of 1934, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future constitute forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. All forward-looking statements included in this document are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statement. Prospective investors should also consult the risks described from time to time in the Company's Reports on Forms 10-K, 10-Q and 8-K and Annual Reports to Shareholders.
Contact:
Sharing Services, Inc.
Investor Relations
(714) 203-6717
info@sharingsevicesinc.com
Source: Sharing Services, Inc.
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