Sharing Services, Inc. Announces Plan for International Expansion in High Demand Markets of Australia and New Zealand
PLANO, Texas, June 26, 2018 (GLOBE NEWSWIRE) -- via NetworkWire - Sharing Services (SHRV), Inc. (OTC Markets:SHRV) today announces that its wholly owned subsidiary, Elevacity Global, LLC, plans to launch its product line in Australia and New Zealand in 2018. The company has initiated the first steps necessary from a legal and compliance standpoint and will expediate the process to quickly fulfill consumer demand in those countries.
"Sharing Services is pleased to see international demand for our products. We are diligently working to first launch our brand in countries demonstrating extreme interest, which at this time is Australia and New Zealand. The Elevacity Global Brand is distributed through our Elepreneur independent sales team, and as part of our broader expansion strategy we will continue this plan worldwide,” states Sharing Services CEO John “JT” Thatch.
Sharing Services Chairman Robert Oblon states, “I am confident that the team of professionals we are working with in Australia and New Zealand will successfully launch our products. We are pleased to continue our ‘Blue Ocean Strategy’ philosophy on the other side of the globe.”
About Sharing Services, Inc.
Sharing Services, Inc. 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 health and wellness, energy, technology, insurance services, training, media and travel benefits. Visit http://www.SharingServicesInc.com, call 714.203.6717, or email Info@SharingServicesInc.com, to learn more. The following websites mentioned in this article are www.elevacity.com and www.elepreneur.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.
Sharing Services, Inc.
© 2018 GlobeNewswire, Inc. All Rights Reserved.