Blue Star Opportunities Acquires Major High-Quality Flooring Brand
12 Abril 2012 - 8:30AM
Marketwired
Blue Star Opportunities Corp. (The "Company") (PINKSHEETS: BSTO)
announces an agreement with Duro-Design Inc. of Montreal that
grants Blue Star exclusive rights to the Duro-Design brand of high
quality flooring products in the U.S. market. Blue Star will be
creating a network of exclusive factory outlets under the
Duro-Design banner in the United States in order to make its
quality designer flooring available to the public at factory
prices.
Duro-Design has been a leading manufacturer and provider of
quality flooring materials from environmentally friendly managed
sources. Its line of products for residential, commercial and
institutional markets relies on industry-best proprietary staining
and pigmentation techniques that are applied to bamboo, cork,
tamarindo, and other specialized wood-flooring products, all within
LEED certification norms. Duro-Design products have been installed
in leading museums, churches, offices, retail stores and thousands
of homes, generating close to $20 million in revenues over the past
five years.
Blue Star will provide these products in the U.S. through a
network of factory outlets based on a model developed by
Duro-Design in which consumers can purchase high-end flooring with
a value proposition unmatched anywhere.
The Blue Star business model calls for the establishment of some
10 factory outlets in the next six months. These will be located in
high-traffic commercial zones and will require very low capital
investments to expected revenues ratio. This is part of a first
expansion phase that will see some 25 outlets established over 24
months. Orders will be exclusively processed through the
Duro-Design product facilities.
For more information about the Duro-Design brand and product
line, please visit http://www.duro-design.com
ABOUT BLUE STAR
Blue Star Opportunities Corp. is a supplier of environmentally
friendly components used in renovation and construction of family
homes, commercial and retail space, and multi-unit dwellings. Its
products include materials for housing parts that are traditionally
made of wood. The Company's policy is to offer to its clients
LEED-validated materials from renewable resources in order to
service the growing market of consumers and end-users who are
demanding green products for their homes and projects.
FORWARD-LOOKING STATEMENTS Except for historical information
provided herein, this press release may contain information and
statements of a forward-looking nature concerning the future
performance of the Company. These statements are based on
suppositions and uncertainties as well as on management's best
possible evaluation of future events. Such factors may include,
without excluding other considerations, fluctuations in quarterly
results, evolution in customer demand for the Company's products
and services, the impact of price pressures exerted by competitors,
and general market trends or economic changes. As a result, readers
are advised that actual results may differ from expected
results.
For further information, please contact: Michael Berman 514 969
6419
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