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ScreenPro Security Inc. (CSE: SCRN) (OTCQB: SCRSF) ("ScreenPro" or the "Company") is pleased to announce that further to the news release on October 14, 2022, the Company's wholly-owned subsidiary, Naturevan Nutrition Ltd. ("Naturevan"), now has its first batch of vitamin supplements available for immediate purchase on Amazon U.S.A.
To view Naturevan products on Amazon U.S.A, please visit:
https://www.amazon.com/Nature-Van-Womens-Probiotics-Capsules/dp/B0BFCCWQC3/ref=sr_1_5?crid=I6A8BIP9MZY0&keywords=nature+van+probiotics&qid=1666368224&qu=eyJxc2MiOiIxLjUyIiwicXNhIjoiMC4wMCIsInFzcCI6IjAuMDAifQ%3D%3D&sprefix=nature+van+probiotics%2Caps%2C138&sr=8-5
Naturevan's first rollout of supplement products on Amazon are probiotics, one of the top-selling vitamins on the current Amazon marketplace. With the Company's products being distributed and sold through Amazon U.S., one of the most prominent e-commerce platforms, management foresees significant growth in the business of Naturevan.
Latest reports show that e-commerce will continue to be the most significant driver of retail growth within the U.S., predicting that Amazon will overtake Walmart to become the largest retailer in the U.S by 2024 and add more than $294 billion in U.S. sales between 2021 to 2026. Based on leading sales, experts in the report predict that the top three retailers in the U.S. will be Amazon, Walmart, and Costco, with Amazon leveraging to hold almost 15% of the retail market share in the U.S. compared to its competitors. Additionally, the U.S. eCommerce market will top one trillion by the end of this year. It will account for 30.5% of total retail sales by 2026, up from 24.6% in 2023, coming in as the world's largest eCommerce market after China. (Source: https://www.producebluebook.com/2022/06/03/report-projects-amazon-to-overtake-walmart-as-top-retailer-by-2024/#)
"The global e-commerce industry has shown remarkable growth. The Company is thrilled to finally have its Naturevan products on the Amazon platform. Management believes this will expose Naturevan products to a larger scale and bring a great return with significant growth in sales. We look forward to expanding with more products with Amazon very soon", said Andrew Ryu, Chief Executive Officer and Chairman of the Company.
About Naturevan
Naturevan is a provider of natural health supplements and products proudly made in Canada and distributed online and through agents across Canada. Canada's natural health supplement market is globally recognized as having first-rate standards and guidelines, so consumers are getting the highest standard of nutrition.
To learn more about Naturevan and its products, visit www.naturevan.ca.
About ScreenPro
ScreenPro is a medical technology company that provides turnkey screening solutions with its proprietary medical alerting software. ScreenPro's unique access to multiple manufacturers of high-quality test kits and its strategic partnership with labs in British Columbia, Ontario, and Quebec allows ScreenPro to be a full-service nationwide provider of COVID testing and breast cancer screening solutions across Canada. In addition, ScreenPro's subsidiary, Concierge Medical, is a group of board-certified physicians who provide private, discreet, and personalized healthcare to Canadians. ScreenPro prides itself in having its medical doctors and nursing professionals with on-the-ground support staff and transportation, with access to high-quality PPEs to ensure that clients are protected in all aspects of their testing needs. ScreenPro also newly introduced Naturevan Nutrition Ltd. to its portfolio, providing vitamins and supplements that are proudly made in Canada and distributed for sale online.
For additional information on ScreenPro and other corporate information, please visit the Company's website at www.screenprosecurity.com.
For more information about the Company, please refer to the Company's profile on SEDAR at www.sedar.com.
Neither the Canadian Securities Exchange (the "CSE") nor it's Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
For further information:
Investor Relations & Communications
Priya Monique Atwal, Director of Communications
Tel: (416) 901-5611 x 204
Email: priya@screenprosecurity.com
Andrew Ryu, Chief Executive Officer and Chairman
Tel: 416-901-5611 x 201
Email: aryu@datametrex.com
Forward-Looking Statements:
Certain statements contained in this news release may constitute forward‐looking information, including statements relating to the future development of ScreenPro's business. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The actual results of ScreenPro could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which ScreenPro operates, prevailing economic conditions, changes to ScreenPro's strategic growth plans, and other factors, many of which are beyond the control of ScreenPro. Management of ScreenPro believes that the expectations reflected in the forward‐looking information herein are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents ScreenPro's expectations as of the date hereof and is subject to change after such date. ScreenPro disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141631
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