Victory electronic cigarettes’ vapestick(r) brand launches in russia – seeking alpha

Victory electronic cigarettes’ vapestick(r) brand launches in russia – seeking alpha

April 26th, 2014

SPRING LAKE, MICHIGAN (Marketwired) 01/30/14 Victory Electronic Cigarettes Corporation (ECIG), the emerging leader in the global electronic cigarette industry, today announced that its newly acquired VAPESTICK brand has now begun the roll out of its premium e cigarette products into Russia, as one of the first international e cigarette brands to do so.

According to a recent report by Euromonitor International, Russia is the world’s second largest e cigarette market, with Russian tobacco smokers representing around one third of its 143 million population. In 2013 tobacco smoking restrictions were introduced in Russia, with further bans on public use planned for 2014. The Russian e cigarette market is estimated to be worth at least $2 billion in 2014, with the US, Russia, Germany and UK thought to represent more than 60% of the global e cigarette market between them.

VAPESTICK is now supplying its disposable and rechargeable e cigarettes to pharmacies and supermarkets across Russia, via a Moscow based nationwide distributor that supplies many of Russia’s major pharmacy chains, including Aptechka, 36.6, ABE, Gorzdrav, Pharmazevt, Rossa and Samson Pharma, and also Russia’s high end supermarkets.

Michael Clapper, President International at Victory Electronic Cigarettes, and former co founder at VAPESTICK noted, &quot We are delighted to have taken this very significant step in our international development plans. The reaction to the VAPESTICK brand in Russia has exceeded our highest expectations and to be selected as one of the first international e cigarette brands to launch into Russia is a testament to the quality, style and performance of the VAPESTICK product range. We plan to maximize on this first mover opportunity for an international brand in Russia.”

Brent Willis, Chairman and CEO of Victory Electronic Cigarettes and a former senior leader of a number of multi billion dollar global companies, including Coca Cola, Kraft and Inbev commented, &quot Michael and his team have not wasted a moment since our acquisition of VAPESTICK earlier this month and this is a fantastic development for Victory and its shareholders, to gain a significant foothold in such a key strategic market.&quot

About VAPESTICK

VAPESTICK is a wholly owned subsidiary of Victory Electronic Cigarettes Corporation, and one of Europe’s leading brands of premium e cigarettes. With its distinctive black and chrome style designs and signature blue light tips, VAPESTICK has grown to become one of the most recognized brands in the market and sells its products both online at and through thousands of retail outlets across UK and Europe, including Tesco, Costco, Harrods, Argos and WHSmith. VAPESTICK was recently ranked number one in batch consistency and product delivery among the UK’s leading brands in an independent study initiated by the UK’s Department of Health. The business is also a founding board member of ECITA (the European Electronic Cigarette Industry Trade Association).

About Victory

Victory Electronic Cigarettes is dedicated to providing a cleaner and healthier alternative to smoking for all, and intends to empower smokers to regain their freedom. Victory is one of the leading companies in this rapidly emerging and fast growing market. Victory offers consumers a full product portfolio that incorporates the highest quality and latest technology, and has been rated as superior in ‘real tobacco taste’ amongst major brands. Recently public, Victory’s experienced management team is positioned to leverage its differentiated portfolio, distinct go to market approach, and low cost infrastructure to accelerate growth and drive significant value for its shareholders. The Company owns a range of brands for different markets and customers, has applied for patents on breakthrough technology, and operates the website at

Safe Harbor Disclosure

This press release contains forward looking statements reflecting management’s current expectations regarding future results of operations, economic performance, financial condition and achievements of Victory, including statements regarding Victory’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 Victory’s reliance on additional financing, as Victory has not achieve profitability risks associated with Victory’s products, including that they may pose a health risk governmental regulations may impact Victory’s business the market or consumers may not accept Victory’s products Victory relies on a single class of products existing or pending patents may affect Victory’s business and other factors disclosed in the Company’s filings with the Securities and Exchange Commission. Unless required by applicable law, Victory undertakes no obligation to update or revise any forward looking statements.

Contacts For investor inquiries please contact Partner, ICR, Inc. James Palczynski 203.682.8229 jp

Source Victory Electronic Cigarettes

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Posted on January 5, 2014 by biochemdr1 Leave a comment

I’m very disappointed, because I just found out, by searching the internet for “Santa Claus smoking,” that my childhood hero, Father Christmas Saint Nicholas used to smoke cigarettes like crazy! You name the brand of cigarettes and it appeared that he smoked that brand&#8230 , Chesterfield, Pall Mall, Lucky Strike, the list goes on.

I hope he quit smoking, though. He probably did because he’d likely be pretty sick by now, with emphysema at least, and in any case he’s lucky he didn’t die of a heart attack or stroke, or from lung cancer, because from all the ads I’ve found, he must have smoked like a chimney while he was descending the same with his gifts of toys.

It’s hardly surprising that, given their huge capacity for deceit and their eagerness to get as many people as possible to smoke, from any age group or ethnic background, tobacco companies promoted their products to the world’s children by advertising Santa as a pipe , cigar , or cigarette smoking deliverer of toys.

I wonder how many children from the past were enticed to think, based on these ads, that “I want to be a smoker when I grow up, just like Santa,” or “It must be okay to smoke because Santa Claus does.”

It’s just another example of how far these companies will go to get their message across to children. Despite laws against advertising cigarettes to children, tobacco companies still promote their products in many ways to the world’s kids. Future posts will reveal some of these appalling tactics.