CBXC News Cimbix Corp. to Begin Building out on Its Worldwide Distribution Initiative For PetsMobility, Inc.
SEATTLE--(BUSINESS WIRE)--Dec. 8, 2005--Cimbix Corporation ("Cimbix" or the "Company") (OTCBB:CBXC), is pleased to announce that with the completion of the Licensing Agreement, Cimbix can now aggressively move forward with their worldwide distribution plans for their wholly owned subsidiary PetsMobility, Inc.
Cimbix will now focus on providing PetsMobility, Inc., with the required resources to fully build out and implement PetsMobility's business initiatives. PetsMobility, Inc. will begin to add personnel in key operating positions to ensure the PetsCell is introduced to the market in the anticipated time frame estimated to be in the first quarter 2006.
The PetsMobility branded corporate website (www.petsmobility.com) will be updated with information pertaining to customer calling plans, device plans and specifications as well as online order information for pre-orders. In addition to web-based sales, PetsMobility, Inc. anticipates the PetsCell will be available to consumers through a number of alternative distribution channels including traditional retail stores, pet specialty stores and national wireless retail outlets.
Product and service offerings for PetsMobility's brands have received numerous requests both domestically and from abroad for licensing and distributorships opportunities. PetsMobility, Inc. will be following up these requests to negotiate licensing and distributorship agreements with key industry participants. This will necessitate the establishing of representatives and regional offices in Canada, United States, Australia, New Zealand, Asia Pacific, Brazil, and the United Kingdom.
PetsMobility's branded interactive website, www.petsmo.com, continues to attract pet lovers from around the world where they can interact, exchange stories and discuss all pet related topics. PetsMobility, Inc. will be introducing Petsmo to 26 North American cities by the end of 2006.
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1996. Forward-looking statements concerning plans, objectives, goals, strategies, future events of performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including but not limited to, product and services demand and acceptance, changes in technology and in economic, political and regulatory conditions and to all of the risks generally associated with a company at PetsMobility's stage of development. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
