ATLANTA, June 27, 2017 (GLOBE NEWSWIRE) -- Bemax Inc. (OTCBB:BMXC) announced today that it has received approval from Wal-Mart Stores, Inc. to supply its private label products to Wal-Mart.com customers. The company will supply its brands of private labelled Mother’s Touch disposable diapers to Wal-Mart customers through Wal-Mart.com.
As an approved Wal-Mart vendor, the company received a supplier and agreement number with access to appropriate Wal-Mart suppliers’ portal. Bemax has commenced the onboarding process of its private label disposable diapers to Wal-Mart.com. The company will service Wal-Mart customers through two warehouse locations out of Atlanta and Bellingham.
This is a very largescale opportunity for Bemax which demonstrate our continued commitment to expand our marketing outreach to major retail outlets. We are confident that Bemax will be an important player in the disposable diaper space and bring innovative approach to the markets we serve.
“We are pleased to begin the supplier relationship with Wal-Mart, to bring our private label brands of disposable diapers to loyal Wal-Mart customers at the best possible price,” said Bemax’s CEO, Taiwo Aimasiko. “This relationship will further support our growth in the disposable diaper market and we feel privileged to work with a world-class business who are market leaders in their field.”
This press release is in reference to the 8K document filed with the SEC on June 26, 2017.
About Bemax Inc.
Bemax Inc. exports and distribute Disposable Baby Diapers from U.S. to emerging markets in Africa and Europe. We also export our private label brands from manufacturers in Asia and distribute to other growing markets. Bemax focuses on an extensive and far-reaching global network among wholesalers, large discounting retailers and supermarkets as well as entry into the ecommerce arena to reach households directly through subscription orders. We focus to supply our clients with disposable baby diapers from manufacturers in North America where quality is superior. Please visit the company website at www.bemaxin.com/webstore
Safe Harbor Statement
This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results or implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
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