EVERETT, Wash., July 26, 2010 (GLOBE NEWSWIRE) -- Seen on Screen TV, Inc. (Pink Sheets:SONT) is pleased to report that its Board of Directors has approved expanding the business operations of the Company to include specific product manufacturing and DRTV sales on items approved by the Board of Directors.
The company reports that it has acquired (subject to a royalty payment on sales) the exclusive world rights and license to a patent pending invention called "Double Oven Glove." This exclusive license allows the Company to manufacture, market and distribute this product through its retail outfits and as DRTV sales to the wholesale industry.
The Double Oven Glove:
a) Enables the user to retrieve hot items from the oven using both hands.
b) Allows cookware to be removed quickly and easily, saving time and effort for the user.
c) The product is producible in a variety of decorative designs, sizes and colors.
Mr. Antoine Jarjour, the company president states, "This is one of several products that are being evaluated by the company for exclusive manufacturing and marketing."
SONT have 29,384,130 common shares issued and outstanding, of which 26,648,396 are restricted.
Seen on Screen TV, Inc. (Pink Sheets:SONT) is a publicly held corporation that operates specialty retail stores, product manufacturing and DRTV sales. Seen on Screen TV Inc. markets and sells "As Seen on TV" products, which include: home improvement, fitness, kitchenware, personal hygiene, and much more. The company uses its website www.ontelevision.com, which is under construction, as an e-commerce site to complement its operations. Further, the company has another wholly owned subsidiary (ON TV GROUP) that represents the company and its product to the wholesale and retail industry at trade shows.
The Seen on Screen TV Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7771
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We intend that such forward-looking statements be subject to the safe harbors created by such legislation. Such forward-looking statements involve risks and uncertainties and include, but are not limited to, statements regarding future events and the Company's plans, goals and objectives. Such statements are generally accompanied by words such as "intend," "anticipate," "believe," "estimate," "expect," or similar statements. Our actual results may differ materially from such statements.