SOURCE: Demobag Brands, Inc.

February 09, 2007 12:56 ET

Demobag Brands Completes Reverse Merger; Common Stock Begins Trading on the OTC Bulletin Board as "DMGB"

BOSTON, MA -- (MARKET WIRE) -- February 9, 2007 -- Demobag Brands, Inc. (PINKSHEETS: DMGB) today announced it has completed a reverse merger and trading commenced on January 19, 2007 under the symbol "DMGB."

Demobag Brands is the maker of the Demobag®, a professional grade contractor trash bag. The Demobag® can handle tough and large loads and with its unique patent pending structure holds weights over 100 lbs., far exceeding other contractor bags. The Demobag® is made of woven, reinforced plastic polymers and has superior strength and sealing attributes. It can be used by everyone from professional contractors and tradesmen to Do-It-Yourselfers.

Bruce Williams, Founder/CEO and a 25-year veteran of the construction industry, said, "We are very proud to introduce a viable solution to some of the problems we see in the construction trade. We are also excited that our bags were so well received by homeowners and those involved in the home improvement market. After careful consideration, we feel that being a public entity will help us on many different levels. We are hopeful that our efforts will create shareholder value and provide our products with additional visibility to our different target markets."

Given the $200 billion U.S. do-it-yourself market and the more than $250 billion international do-it-yourself market, the Demobag® is poised for strong growth. The product is competitively priced, a niche leader in the construction materials sector and a value to do it yourselfers worldwide.

The Demobag® is sold in the U.S. and in selected international markets at local hardware stores, big box retailers, and through online distributors.

"Safe Harbor Statement" Under The Private Securities Litigation Reform Act Of 1995: This press release contains forward-looking statements that involve risks and uncertainties. The statements in this release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause Demobag Brands, Inc.'s actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.

Contact Information

  • MEDIA CONTACT:
    Coleman Nee
    Demobag Brands, Inc.
    617-359-6000

    INVESTOR CONTACT:
    IR@demobags.com