IRVINE, CA- (NewMediaWire) - August 03, 2015 - RAMOIL MANAGEMENT, LTD. (OTC PINK: RAMO) announced the signing of a new distribution agreement with IMS (Innovative Merchandising Solutions). IMS will be the primary distributor of original products developed by Ramoil Management.
IMS specializes in positioning products with major retailers and maintains relationships between product developers, wholesalers, and established distributors. Company President, Joe Estes, has nurtured relationships with large retailers such as Costco and BJ's Wholesale Clubs for several years. "I am excited to ignite this relationship with Ramoil Management," Estes said. "We will be able to take advantage of relationships that I have been building for the past twenty years with retailers like Costco. The products Ramoil develops will significantly complement the existing product lines we supply." Kirkland and LiDestri Food & Beverage products are among the items that IMS currently distributes.
Ramoil CEO Jeremy Foti has been building his management team and working toward the development and acquisition of innovative new product lines since he accepted the role last month. "This agreement with IMS is the first major step toward positioning our company's products in the mainstream marketplace," Foti stated. "We will make several announcements over the next few months to introduce our newest products, and this partnership will ensure instant placement of that merchandise with major retailers." Foti has quickly ramped up product development, and his executive team is hiring new staff to accomplish his aggressive goals.
ABOUT Ramoil Management, Ltd.
Ramoil Management, Ltd. (RAMO) focuses on the development of innovative products that supply the medical, research, and pharmaceutical industries. In addition, the company is establishing domestic and international partnerships with businesses that develop and sell proprietary consumer products and services related to the social marketing sector of the legal cannabis industry, while also expanding its efforts to include innovative products for other sectors such as consumer, music, and Entertainment.
Forward Looking Statements: This news release contains forward-looking statements made by RAMOIL MANAGEMENT, LTD. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward- looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products of the Company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward- looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events. The Company is not entitled to rely on the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 because it is not registered under either Act.
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