SOURCE: Anything Brands Online, Inc.

Anything Brands Online, Inc.

November 11, 2009 06:30 ET

Anything Brands Online to Spin Off Its Anything Green Online Unit as New Public Company -- Will Issue Shares to Existing Shareholders

TUCSON, AZ--(Marketwire - November 11, 2009) - Anything Brands Online, Inc. (PINKSHEETS: ANYT) announced today that its Board of Directors has authorized a plan to spin-off its Anything Green business from Anything Brands Online, Inc. in a transaction that will result in two independent and highly focused public companies.

The separation will enable the company to improve its business focus and competitive edge in their respective business segments. Anything Green Online has developed at a rapid pace and the move will provide the organizational structure designed to achieve the marketing objectives as clearly defined by recent public announcements, stated, Tim Norton Executive in charge of Anything Brands Operations.

Each company will operate with additional management teams and details regarding management structure and share distribution to existing shareholders will be disclosed by the Board of Directors by November 30, 2009.

About Anything Brands Online, Inc.

Anything Brands ( markets and sells products and services that improve the level of transportation efficiency and safety of its commercial and recreational customers. Their Tradesman Tool division ( serves automotive, construction, industrial tools, and auto body supplies. The myFreightWorld division is a business outsourcing company that sells technology, services, and wholesale truck, rail, and airfreight capacity to the logistics manager industry that accounts for over $200 billion of the $650 billion transportation industry spend. Technology services and products are offered via the web or are accessible through web service applications and are provided primarily through private label arrangements. See:

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Anything Brands Online, Inc. and its business. Forward-looking statements speak only as of the date on which they are made and Anything Brands Online, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact Information

  • For more information contact:
    Investor Relations
    Anything Brands Online

    TEN Associates LLC
    Fountain Hills, Arizona
    (480) 326-8577