BEND, Ore., May 3, 2012 (GLOBE NEWSWIRE) -- U.S. Rare Earth Minerals, Inc., (OTCQB:USMN) announced today they have received and accepted a formal invitation from Amazon.com to become a vendor. According to Amazon.com Sales Rep., George Wescott of Velocity Marketing, "The lawn and garden section of Amazon.com is really selling well these days. My contact at Amazon.com believes EXCELERITE™ should sell very well because it is a one of a kind product."
According to Velocity Marketing's Amazon.com vendor timeline and experience with multiple vendors, a vendor will typically receive their first purchase order in less than 9 months from start to finish.
Commenting on the invitation, Dennis Cullison, President of USMN said, "We are very excited to be invited by an e-commerce giant like Amazon. It provides a new and high volume distribution channel and allows us to sell the EXCELERITE brand worldwide. We look forward to great success with Amazon."
Earth's most customer-centric company, Amazon, a Fortune 500 company based in Seattle, Washington, is the global leader in e-commerce. Since Jeff Bezos started Amazon in 1995, they have significantly expanded our product offerings, international sites and worldwide network of fulfillment and customer service centers. Today, Amazon offers everything from books and electronics to tennis rackets and diamond jewelry. They operate sites in Canada, China, France, Germany, Italy, Japan, Spain and United Kingdom and maintain dozens of fulfillment centers around the world, which encompass more than 26 million square feet.
About U.S. Rare Earth Minerals, Inc.
U.S. Rare Earth Minerals, Inc. (USMN) is engaged in the sales and distribution of products derived from the Company's mining activities in Nevada relating to certain natural mineral deposits and other natural rare earth minerals. Products of USMN consist of natural minerals for animal consumption, as well as agricultural products, sold under the brand name EXCELERITE®. Customers of USMN include some of the world's most widely recognized companies that have well known consumer brands. USMN is headquartered in Bend, Oregon and has executive offices in Las Vegas, Nevada. The company maintains a web site at: www.us-rem.com.
This press release contains statements that may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of U.S. Rare Earth Minerals, Inc., and members of management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
CONTACT: USMN Contact Information Corporate Management Inquiries: email@example.com BoVentures, Inc Phone: 925-415-9269