GRAND RAPIDS, Mich.--(BUSINESS WIRE)--Electronic Cigarettes International Group, Ltd. (OTCBB:ECIG), today announced that McLane Company, a leading supply chain services company that sells to over 50,000 retailers across the United States, has begun selling FIN’s new Advanced Vaping System products across its array of grocery, drug, mass merchandise, warehouse clubs and convenience stores, significantly expanding their portfolio of ECIG products offered to their customers. The addition of FIN® Advanced Vaping System Kits, as well as V-Tank™ refills, complements the line of ECIG e-cigarette products already carried by McLane.
Founded in 1894, McLane Company has grown from a local merchant to an international distribution and logistics company. A wholly owned subsidiary of Berkshire Hathaway Inc., McLane is Berkshire Hathaway’s largest non-insurance business. McLane operates 21 grocery distribution and 18 foodservice distribution centers across the country. Retail chains that receive products from McLane include Wal-Mart, Walgreen’s and many other retailers large and small, including numerous convenience/petroleum store banners, such as 7-Eleven, Pilot/Flying J, and Murphy USA.
Complementing ECIG’s line of e-cigarettes currently available to McLane’s retail customers, ECIG’s FIN® brand Advanced Vaping products will bring to over 50 the number of ECIG company brands and products available to retailers serviced by McLane. The innovative FIN® Advanced Vaping System can be found in its V-Tank™ technology. This larger battery and proprietary prefilled V-Tank combination provide a unique solution for retailers and consumers to traditional vaping, enabling vapers to enjoy a convenient and safe product that eliminates the need for messy refilling of traditional vaping systems.
About Electronic Cigarettes International Group, Ltd. (ECIG)
Electronic Cigarettes International Group (ECIG) is dedicated to providing a compelling alternative to traditional cigarettes for the more than 1 billion current smokers around the world. ECIG is a fast growing independent electronic cigarette company, and owns the trademarks VAPESTICK®, FIN®, Victory®, VIP®, and others. The Company owns multiple subsidiary companies and has operations in key worldwide markets. ECIG offers consumers a full product portfolio that incorporates product quality and the latest technology. The Company’s website is www.ecig.co.
Safe Harbor Disclosure
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are any statement reflecting management's current expectations regarding future results of operations, economic performance, financial condition and achievements of ECIG, including statements regarding ECIG’s expectation to see continued growth. The forward-looking statements are based on the assumption that operating performance and results will continue to materialize consistent with recent trends. Management believes these assumptions to be reasonable but there is no assurance that they will prove to be accurate. Forward-looking statements, specifically those concerning future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties include: ECIG’s reliance on additional financing, ECIG’s profitability and financial health, risks associated with ECIG’s products, including that they may pose a health risk; governmental regulations may impact ECIG’s business; the market or consumers may not accept ECIG’s products; ECIG relies on a single class of products; existing or pending patents may affect ECIG’s business; and other factors disclosed in the Company's filings with the Securities and Exchange Commission. Unless required by applicable law, ECIG undertakes no obligation to update or revise any forward-looking statements.
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