AXIL Signs Distribution Agreement with Terrang MP-Sec France for Sale of Company’s Hearing Protection and Enhancement Products in the European Union
04 Novembre 2024 - 10:20PM
AXIL Brands, Inc. (“AXIL” or the “Company”) (NYSE American: AXIL),
an emerging global consumer products company for AXIL® hearing
protection and enhancement products and Reviv3® hair and skin care
products, announces it has signed a distribution agreement
(“Agreement”) with Terrang MP-Sec France for the distribution of
its hearing protection products.
Under the Agreement, Terrang MP-Sec France will have exclusive
rights to distribute the AXIL product portfolio within France,
Belgium, Netherlands, Luxembourg, Denmark, Spain, Portugal, Sweden,
Finland, Italy, and Switzerland. The Agreement includes AXIL’s
lineup of hearing performance systems, including GS Extreme 2.0®,
XCOR®, XCOR Digital®, and the Trackr™ series hearing solutions.
“This agreement aims to strengthen and expand our distribution
network within the EU, supporting our efforts to establish a global
presence,” commented AXIL CEO Jeff Toghraie. “We expect this
agreement to drive growth and enhance support for our customers in
the EU as we focus on developing and diversifying our revenue
channels in the international market.”
About Terrang MP-Sec France
Terrang MP-Sec France supplies premium products, equipment, and
hardware to authorities and government agencies worldwide, ensuring
optimal conditions for successful mission outcomes. With strong
relationships in the military, police, and security sectors,
Terrang MP-Sec France has a unique advantage, enabling
collaboration with top professionals and the global distribution of
high-quality products.
About AXIL
AXIL (NYSE American: AXIL) is an emerging global e-commerce
consumer products company. The Company is a manufacturer and
marketer of premium hearing enhancement and protection products,
including ear plugs, earmuffs, and ear buds, under the AXIL® brand
and premium hair and skincare products under its in-house Reviv3®
Procare brand - selling products in the United States, Canada, the
European Union, and throughout Asia.
To learn more, please visit the Company's AXIL® website
at www.axilbrands.com and its Reviv3® website at
www.reviv3.com.
Forward-Looking Statements
This press release contains a number of forward-looking
statements within the meaning of the federal securities laws. The
use of words such as “believe,” “expect,” “continue,” “will,”
“aim,” “should,” and ”focus,” among others, generally identify
forward-looking statements. These forward-looking statements are
based on currently available information, and management’s beliefs,
projections, and current expectations, and are subject to a number
of significant risks and uncertainties, many of which are beyond
management’s control and may cause the Company’s results,
performance or achievements to differ materially from any future
results, performance or achievements expressed or implied by these
forward-looking statements. Factors that could cause actual results
to differ materially from those in the forward-looking statements
include, among other things: (i) the Company’s ability to grow net
sales as anticipated and perform in accordance with guidance; (ii)
our ability to generate sufficient revenue to support the Company’s
operations and to raise additional funds or obtain other forms of
financing as needed on acceptable terms, or at all; (iii) potential
difficulties or delays the Company may experience in implementing
its cost savings and efficiency initiatives, including integrating
the AXIL® brand; (iv) the Company’s ability to compete effectively
with other hair and skincare companies and hearing enhancement and
protection companies; (v) the concentration of the Company’s
customers, potentially increasing the negative impact to the
Company by changing purchasing or selling patterns; (vi) changes in
laws or regulations in the United States and/or in other major
markets, such as China, in which the Company operates, including,
without limitation, with respect to taxes, tariffs, trade policies
or product safety, which may increase the Company product costs and
other costs of doing business, and reduce the Company’s earnings;
and (vii) the impact of unstable market and general economic
conditions on the Company’s business, financial condition and stock
price, including inflationary cost pressures, the possibility of an
economic recession and other macroeconomic factors, geopolitical
events, and uncertainty, decreased discretionary consumer spending,
supply chain disruptions and constraints, labor shortages, ongoing
economic disruption, including the effects of the Ukraine-Russia
conflict and the Israel-Hamas conflict, and other downturns in the
business cycle or the economy. There can be no assurance as to any
of these matters, and potential investors are urged to consider
these factors carefully in evaluating the forward-looking
statements. Other important factors that may cause actual results
to differ materially from those expressed in the forward-looking
statements are discussed in the Company’s filings with the U.S.
Securities and Exchange Commission. These forward-looking
statements speak only as of the date hereof. Except as required by
law, the Company does not assume any obligation to update or revise
these forward-looking statements for any reason, even if new
information becomes available in the future.
Investor Relations:CORE
IR(516)-222-2560investors@axilbrands.com
AXIL Brands (AMEX:AXIL)
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