NEW YORK, April 19, 2012 (GLOBE NEWSWIRE) — Safetek International, Inc. (Pink Sheets:SFIN), a manufacturer and distributor of green technology and eco-friendly products, announced today that it is launching the Hairganics line of products, as the first of six consumer product offerings which are organic, bio-degradable and/or have a zero carbon footprint.
Safetek has partnered with Alix A. Moore with a distribution agreement with JAKD Enterprises, Inc. to distribute, wholesale and retail a line of high-quality hair extensions and hair care products under the Hairganics brand and through the Safetek majority-owned 60/60 Weave Cafe hair salon network which specializes in sew-in hair extensions.
JAKD Enterprises sources the finest virgin hair extensions available in the market today from India. Using quality hair and proprietary sorting & stitching methods, the natural hair extensions are highly sought after by leading hair salons across the country. The proprietary method assures the finest wefts of weave hair, silky and smooth to the touch that lies naturally without tangling or matting. More durable than synthetic extensions, Hairganics human hair extensions maintain their natural look for years.
Virgin Indian hair (hair which has never been colored or processed) is prized among women of African descent for its similar color, texture and finish which blends well with their own hair– giving them the naturally longer or straighter look they desire. With the increased demand the supply of quality human hair is becoming difficult to sustain. In developed countries, more and more women are using synthetic or processed hair extensions.
“The size of this market is enormous, growing and easily targeted,” stated Alix Moore who is described by industry experts as one of the first human hair manufacturers in the United States. Alix Moore has been breaking new ground in the hair industry for over 26 years and is the founder and CEO of M.A.D. Hair Inc.(Making A Difference) and Indian Hair Direct, Inc. based in Atlanta, GA. The growth in the real human hair extension market is outpacing the growth in the synthetic hair market. The US and Great Britain consume most of the world’s market for human hair. Hair salons regularly charge anywhere from $300 to $1000 for a full head of quality human hair wefted extensions.
Doron Katz, President of JAKD Enterprises, said, “I honestly believe that by teaming up with Safetek and Alix Moore, Hairganics has the opportunity to take the industry by storm, with the potential of building a rapidly growing revenue stream for Safetek International.”
Katz continued, “Unlike the widely used processed extensions, Hairganics is 100% natural and hypo allergenic. On average, fans of hair extensions order two bundles of 14-16 inch hair extensions bundles every six months. With each bundle retailing at approximately $150, this represents annual revenues per user of $600. In 2010 the US Census Bureau estimated the female black population just shy of 20 million–strongly suggesting a staggering gross market potential.”
Michael J. Krantz, President of Safetek International, noted, “Our wholly owned Hairganics line already has two distributors generating revenue for the company that will be recognized in the current quarter. We are looking forward to exponential revenue growth in 2012.”
Hairganics will offer its hair bundles wholesale direct to the estimated 250,000 hair salons in the United States and offer the hair extensions on a retail basis through the 60/60 Weave Cafe hair salons.
Hairganics is the first of six eco-friendly and bio-degradable footprint consumer product offerings for households and industrial use by Safetek International, Inc. Additional product launches for 2012 include:
- Organic & eco-friendly Cleaning Products for Household & Institutional Cleaning
- V-ganics Organic Food Products
- Bio Hand Sanitizer
- Bio Crystal Cleaner
- Eco-safe non-PVC commercial food film
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About Safetek International, Inc. (www.SafetekInternational.com)
Safetek International, Inc. is a holding company (Pink Sheets:SFIN) engaged in developing commercial opportunities in the organic, bio-degradable, zero carbon footprint or other “green” technology market sectors.
The company’s mission is to provide consumers and institutions with affordable high-quality, high-utility products which accommodate the growing public awareness of green issues and exploding demand for zero-carbon-footprint, earth-friendly goods and services.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company’s current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Investor Relations Contact: Three Knights Capital, Inc. Investor Contact: John Austin (631) 509-2502 Email: John@ThreeKnightsCapital.com Michael J. Krantz, Esq. President Safetek International, Inc. Email: info@SafetekInternational.com