NEW YORK, NY--(Marketwired - Apr 29, 2014) - FBC Holding, Inc. (PINKSHEETS: FBCD) ("FBC" or the "Company") an international product development company primarily focused on license/creation management and product sales/distribution through DRTV, announced that a its Health & Wellness Consumer brand, copper based technology fabric compression sport sleeve has generated 1.1 million units in total purchase orders of the Interactive division's knee sleeve; fully supporting management's sales targets.
"First revenue was the initial hurdle," stated Mr. Frank Russo, Chief Executive Officer of FBC Holding, Inc. "Continually hitting benchmarks becomes the next. However, now having sold 1.1mm units, we are just shy of reaching our target of $20 million dollars in retail sales value of just the knee sleeve alone."
FBC is exploring the real ease of the Copper based technology fabric compressions sport sleeve for other troubled areas of the body, such as the elbow, wrist and ankle. The Company is also exploring compression T-shirts and compression shorts. However, compression socks seem to be taking the lead for the next health and wellness product to rollout from FBC Interactive using the Company's technology. Management estimates that even while orders for the knee sleeve continue to come in, the potential launch of compression copper based socks will gain just as much traction and possibly exceed the knee sleeve initial sales.
Mr. Russo concluded, "We are confident that we will continue to exceed our expectations with the products in the Health & Wellness Consumer pipeline and will continue to focus on those acquisitions and license agreements that will contribute to both immediate and near-term revenues."
About FBC Interactive Division
FBC Holding's Interactive Division markets innovative products generally incorporating new proprietary technologies. FBC Interactive, leverages Direct Response Television (DRTV) formats to advertise, market and distribute its products; gaining retail footholds in various markets. FBC Interactive's market place is diverse, with a primary focus and expertise in toy and entertainment, consumer and health care, products and brands.
About FBC Holding, Inc.
FBC Holdings develops and markets innovative products using a 'new proprietary' technology whereby buttons, switches, wires and other electrical components can be printed on nearly any media. Management is experienced in Direct to Consumer Marketing (design, manufacture and market creative products leveraging cutting edge technology). FBC's market is diverse, covering consumer products, health care related products, and, toy and entertainment products.
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Related Links:
http://finance.yahoo.com/news/fbc-holding-positioned-rapid-growth-142935672.html
http://finance.yahoo.com/news/fbc-interactives-direct-response-marketing-140000170.html