LONDON, Aug. 7 /PRNewswire/ -- Invest Holdings Group, Inc. (OTC Bulletin Board: IVHD) today announced that it has entered the retail sector in Europe with its all natural non-prescriptive hair loss and impotence products.
"Invest has been marketing these products on the Internet for some time but recently reached an agreement with European retailers who have been licensed to private labeling the products and selling them through retail stores in Europe. The combined licenses calls for minimum orders of $100,000.00 per month.
With the retail market becoming a factor, IVHD is on line to have its best year ever in fiscal year 1999. Invest expects revenues to surpass previous years and earnings to be higher than ever. Invest will give greater detail on revenues and earnings after the close of the second quarter, which is November, due to the demand of the products both through the Internet and the growing demand in the retail market.
Positive newspaper articles featuring the products have recently appeared in Norway, Denmark and England and stores have already begun to place orders for the products in those countries.
Mr. Andrew Bryant, Invest Holdings Group Inc.'s President, said today, "Retailers are very excited about the enthusiasm shown by the media for our non-prescriptive impotence and hair loss products. The subject of impotence has received a great deal of media coverage lately, leaving the European marketplace looking for products to solve an impotence problem. Our timing has therefore been just right in introducing a retail product to fill the void."
SOURCE Invest Holdings Group, Inc. -0- 08/07/98 /CONTACT: Seth Cayer, for Invest Holdings Group, 706-343-0096/ /Web site: http://www.hair-loss.com/ /Web site: http://www.potentman.com/ (IVHD) CO: Invest Holdings Group, Inc. ST: England IN: REA MLM SU: KW -- ATF009 -- 3897 08/07/98 09:27 EDT http://www.prnewswire.com
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