American Aires Announces Distribution Partnership with Best Buy Marketplace Canada
JANUARY 16, 2020 – Toronto, Ontario – American Aires Inc. (CSE: WIFI) (the “Company” or “Aires“) is pleased to announce it has entered into the Best Buy Marketplace Agreement dated as of December 5, 2019, and following many weeks of implementation, American Aires’ products are now sold online at bestbuy.ca.
The Best Buy Marketplace platform will promote Aires products to the 5.8M e-newsletter subscribers, and expand visibility to many forums, blogs, product reviews. With more than 250M visits, 2.3M orders per year, Best Buy offers Aires another powerful marketing conduit to increase sales in Canada.
All of Aires products are now available for purchase on the Best Buy Marketplace Canada at bestbuy.ca under ‘Aires tech’ and product sales have commenced.
“We are excited to see Aires Tech products to become the first of their kind in offering EMF protection to be featured in the Best Buy Marketplace.” Added Dimitry Serov, President and CEO.
Additionally, in an effort to grow product sales further, Aires looks to employ additional marketing campaigns on bestbuy.ca. These campaigns will be comprised of Digital Marketing with Google Paid Search, and sponsored ads.
“Our sales target exiting 2020 is 1,000 orders a day. With our Best Buy online Market Place Agreement now signed and operational, we are one step closer to achieving this target.” Serov adds. “As we move further in 2020, Aires is actively pursuing similar agreements in the USA, Europe, and Canada.”
About Best Buy Co., Inc.
Best Buy Co., Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. It was originally founded by Richard M. Schulze and James Wheeler in 1966<2> as an audio specialty store called Sound of Music. In 1983, it was re-branded under its current name with an emphasis placed on consumer electronics. Best Buy Co., trades publicly on the New York Stock Exchange under the symbol BBY.
About American Aires Inc.
American Aires is an Ontario based technology company that is focused on the research, development and implementation of innovative technology solutions to allow consumers to safely engage with electronic products of the 21st century. The Company is currently engaged in the business of production, distribution and sales of products intended to protect persons from the harmful effects of electromagnetic emissions, which is produced from electronic devices such as cell phones, Wi-Fi routers, tablets and electric cars to name a few. The Company has developed a technology that restructures and transforms electromagnetic field haze into a more biologically-compatible form to reduce the harmful effects of electromagnetic radiation. The Company’s current principal products are the Shield Pro, Air Defender Pro and Air Guardian.
Contact information:
Dimitry Serov, President & Chief Executive Officer
Email: [email protected]
Phone: (905) 482-4667
Investor Relations:
Samina Deen, Head of Partnerships
Email: [email protected]
[email protected]
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, business strategy, use of proceeds, corporate vision, proposed acquisitions, partnerships, joint-ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management’s current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “predicts”, “intends”, “targets”, “aims”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company’s annual and quarterly management’s discussion and analysis filed at www.sedar.com. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The Shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. We seek safe harbour.
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