SOURCE: Propell Corporation

Propell Corporation

March 09, 2011 09:00 ET

Propell® Expands Sales Reach With New Partnership

'Propell 10 Group' Expected to Provide Access to New Markets, Expertise

SAN ANSELMO, CA--(Marketwire - March 9, 2011) - In a move that was taken to expand its reach into new markets, Propell Corporation (OTCBB: PROP), founder of the PropellShops® 'instant ecommerce' system for schools, businesses, nonprofits and the military, today announced its partnership with Madison Mayes Group, an independent sales organization that will be dedicated to selling Propell's products and ecommerce services into new markets.

Led by sales veteran Bob Mayes, the Phoenix, AZ-based group, which will do business as the "Propell 10 Group," includes seven sales professionals with wide experience and contacts in numerous markets, including K-12 schools, universities, sports clubs, nonprofits and the hospitality industry.

"We're delighted to be bringing on an incredible new sales and marketing team led by Bob Mayes," said Ed Bernstein, CEO of Propell. "Bob's been a believer, and investor, in Propell and PropellShops® since our early stages, and his excitement at the market opportunity has been consistent from the beginning. We feel fortunate to be able to supplement our existing sales professionals with a group of this stature. We believe this significantly expands our resources, and will take us into new channels where the Mayes team is already experienced and knowledgeable."

"From the moment I learned of the Propell concept," Mayes said, "I saw the huge potential for organizations to use ecommerce, and innovations in on-demand manufacturing, to dramatically reduce their investment in school and promotional merchandise, uniforms, fundraising items, and more. The PropellShops system lets any group offer a huge variety of high quality, personalized and custom products, without any investment or inventory. 

"Even before officially signing up with Propell, we've had a terrific reception to the PropellShops solution from all types of channels," Mayes added.

The group will represent Propell exclusively to a broad cross-section of customers and will be compensated based on sales, with no draw or other upfront compensation. "We signed up on a 'success-only basis' because we believe in the wisdom of the business model -- and equally importantly, the reputation and enthusiasm of the founding team," Mayes said.

Mayes has served in key sales and management roles in a variety of growth companies, including Grantree Corporation, where he led a sales team during the period of significant growth, and DMB Realty, where he led a small sales team that drove rapid revenue growth, eventually serving as CEO. He holds an MBA from Harvard Business School.

With the Propell 10 Group, Mayes leads a team that includes, among others, Chris Brown, who has extensive experience in youth sports management; Camille Hart, who is focusing on the schools and nonprofit categories, primarily in the Southwest U.S., as well as the hospitality industry nationwide; and Luis Ramirez, who advises numerous nonprofit organizations, government agencies and public service organizations.

About PROPELL CORPORATION
Propell® Corporation's PropellShops® service is a web-based e-commerce solution that lets any organization -- whether school, nonprofit, sports team or business -- instantly create a web store offering customized apparel and gifts featuring their brand, logo or other artwork. Propell's partners have complete control of their shops, including which products to sell, and what price to sell them. Propell does the rest -- hosting the shop, making the products, shipping them to customers, and paying the partner a share of every sale. For more information please log on to www.propellshops.com, email info@propellshops.com, or call (415) 480-6860.

SAFE HARBOR STATEMENT

This news release contains forward-looking statements within the meaning of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are often identified by the words "believe," "anticipate," "expect," "intend," "estimate," and similar expressions. All statements in this document regarding the future outlook related to Propell Corporation are forward-looking statements, including but not limited to the the expected expansion into new markets and channels through the partnership with the Mayes Group, and Mayes Group's ability to secure new sales. Such statements are based on the current expectations, beliefs, estimates and projections of management and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements such as the risk that our partnership with the Mayes Group may not be successful or derive the results anticipated. Additional uncertainties and risks are described in our most recently filed SEC documents, such as our most recent annual report on Form 10-K. For a more detailed discussion of factors that affect Propell Corporation's operations, please refer to the Company's Securities and Exchange Commission filings. Copies of this filing is available through the SEC website at http://www.sec.gov. All forward-looking statements are based upon information available to us on the date hereof. The Company undertakes no obligation to update this forward-looking information.

Contact Information

  • Ed Bernstein
    415-480-6860 x111