LAS VEGAS, Jan. 17, 2012 /PRNewswire/ -- SIPP
International Industries Inc. (OTCBB: SIPN), a diversified
holding company in the food and beverage, hospitality and medical
technology industries announced today that they are in final stages
of acquiring FVJ Holdings, a Japanese Consulting firm based in
Osaka Japan. Upon completion of
acquisition, SIPP International Industries will begin generating
additional residual revenues within three months.
FVJ is a Consulting firm that works directly with property
owners, construction companies, architectural firms, banks and
other financial institutions, specific to the hospitality
industry.
FVJ currently has a pipeline of over 20 hotel projects or deals
that they are working on from the Kansai region of Japan to the northern parts of Japan including a project in Sapporo which calls for a mixed use
development project which will be a Condominium, Hotel and Retail
project.
"This acquisition will really solidify our focus and presence in
Japan," stated Gregg Pearson, Chairman and CEO of SIPP
International Industries Inc. We intend to leverage Newport Creek
as the management arm for many of these projects and can see
tremendous positive synergy emerging."
About SIPP International Industries, Inc.:
SIPP International Industries, Inc. is the holding company for
"au" Le Cadeau Natural Mountain Spring Water, La Bon Table Gourmet
Dinner Entrees, the Z-CAC Controlled Atmosphere Container, La Bon
Table Productions (the Homer Lee Thomas Show), Cell Robotics
Lazette and affiliated medical products, and Newport Creek
Hospitality.
For more information please contact Investor Relations at (973)
351-3868 or visit http://www.sippiii.com.
Safe Harbor Statement:
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby.
The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management, as well as assumptions made by any information
currently available to the Company or its management. When used in
this document, the words "anticipate," "estimate," "expect,"
"intend," "plans," "projects," and similar expressions, as they
relate to the Company or its management, are intended to identify
forward-looking statements. Such statements reflect the current
view of the Company regarding future events and are subject to
certain risks, uncertainties and assumptions, including the risks
and uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
Contact: Investor Relations:
Taylor Capitol, Inc.
Stephen Taylor
(973) 351-3868
info@thestockalerts.com
www.thestockalerts.com
SOURCE SIPP International Industries, Inc.
