Reviv3 Announces Distribution Agreement with Kroll International for AXIL Hearing Protection and Enhancement Products
LOS ANGELES, May 16, 2023 (GLOBE NEWSWIRE) — Reviv3 Procare Company (“Reviv3” or the “Company”) (OTCQB: RVIV), an emerging global e-commerce consumer products company, entered into a distribution agreement with Kroll International, a leading wholesale distributor of law enforcement, public safety, military, homeland security, and shooting sports products, to distribute AXIL hearing enhancement and protection products.
“We are excited to welcome Kroll to our family of partners,” said Reviv3 CEO Jeff Toghraie. “This agreement further expands our hearing enhancement and protection solutions in the vital public safety and security markets. I am grateful to the Kroll team for sharing our vision and to our AXIL innovation team for their continued commitment to bring enhanced capability hearing solutions to our customers.”
AXIL is a leader in high-tech hearing and audio innovations, providing cutting-edge solutions for the sporting goods market, military, federal agents, law enforcement, tactical, fitness, outdoor, industrial, sporting and stadium events.
About Kroll International
For more than 35 years, Kroll International has been the leading wholesale distributor of law enforcement, public safety, military, homeland security, and shooting sports products. Back in 1985, Kroll humbly started in a garage with only 3 employees. Now with over 200 brands, Kroll prides itself on excellent customer service, convenience, and providing a great wide selection of products. With the reputation of being a trusted source for dealers, Kroll strives to further its reach in more markets and servicing more customers domestically and internationally.
About Reviv3 Procare Company
Reviv3 Procare Company (OTCQB: RVIV) is an emerging global e-commerce consumer products company. The Company is a direct-to-consumer 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 website at www.reviv3.com and, for the AXIL brand, visit www.goaxil.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 “anticipates,” “expects,” “intends,” “plans,” “will,” “may,” “should,” “could,” “would,” “guidance,” “outlook,” “confident that” and “believes,” 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 Reviv3’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) Reviv3’s ability to grow net sales as anticipated and perform in accordance with guidance; (ii) our ability to generate sufficient revenue to support Reviv3’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 Reviv3 may experience in implementing its cost savings and efficiency initiatives, including integrating the AXIL brand; (iv) Reviv3’s ability to compete effectively with other hair and skincare companies and hearing enhancement and protection companies; (v) the concentration of Reviv3’s customers, potentially increasing the negative impact to Reviv3 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 Reviv3 operates, including, without limitation, with respect to taxes, tariffs, trade policies or product safety, which may increase Reviv3’s product costs and other costs of doing business, and reduce Reviv3’s earnings; and (vi) the impact of unstable market and general economic conditions on Reviv3’s business, financial condition and stock price, including inflationary cost pressures, decreased discretionary consumer spending, supply chain disruptions and constraints, labor shortages, ongoing economic disruption, including the effects of the Ukraine-Russia conflict and ongoing impact of COVID-19, 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, Reviv3 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:
RedChip IR
Todd McKnight
RedChip Companies
(917) 349-2175
investors@reviv3.com
