Sportsquest, Inc. Acquires Specialty Wholesaler in Billion Dollar Eyewear Industry
27 Abril 2011 - 3:40PM
Business Wire
Sportsquest, Inc. (Pink Sheets: SPQS) has finalized the deal
announced last week as in discussions. Sportsquest, Inc. Execs
announce today that it has acquired specialty eyewear wholesaler,
Fielding Eyewear (www.fieldingeyewear.com), the world leader in
camouflage sunglasses and camo eyewear accessories. Sportsquest is
confident the acquisition ensures the company an ever-evolving
niche product line, sustainable growth and immediate revenue stream
within the $64 billion eyewear industry.
As previously released, Fielding has a made a name for itself
with a host of patented and trademarked products including
camouflage eyewear, microfiber cloths, eyecords and more, including
its Fielding Ibeemz clip-on NiteReader which debuted nationally on
Home Shopping dominator QVC.
The company is actively researching additional companies in the
eyewear sector toward acquisition and has identified multiple
candidates ideal for an attractive pick-up. Details
forthcoming.
Safe Harbor: This release may contain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995. Statements contained in this release that are not
historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are
inherently uncertain. Actual performance and results may differ
materially from that projected or suggested herein due to certain
risks and uncertainties including, without limitation, ability to
obtain financing and regulatory and shareholder approvals for
anticipated actions.
SportsQuest (PK) (USOTC:SPQS)
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