SPARKS, Nevada, November 20, 2017 /PRNewswire/ --
RESTANCE, Inc. (USOTC: ANCE) today announced a $500,000 contract to manufacture condoms under a major brand name for distribution in Africa. The company plans to reveal the 'major brand name' on November 28, 2017 in conjunction with a World AIDS Day announcement. The $500,000 contract is part of a strategic campaign that will be announced on November 28, 2017 in conjunction with World AIDS Day on December 1, 2017. The campaign is designed to contribute to the United Nations' goal of ending the AIDS Epidemic. RESTANCE plans to contribute to the UN goal to end the AIDS Epidemic by making condoms available everywhere in Africa through the previously announced #DoItForAfrica buy-one-give-one campaign where an anticipated $20 million in condoms will be sold in North American and for every condom sold, a condom will be manufactured in Africa and will be given away in Africa. The contract announced today is the initial commitment for the condoms to be manufactured and given away in Africa.
RESTANCE - $20 Million Revenue #DoItForAfrica Campaign
RESTANCE has acquired the tools to equip a condom manufacturing plant and plans to open a condom manufacturing plant in Kenya soon to produce condoms for all Africa. RESTANCE has secured a contract where the company will produce condoms under a major, globally recognized brand name in conjunction with the #DoItForAfrica buy-one-give-one campaign. The #DoItForAfrica campaign is anticipated to generate $20 million in revenue.
RESTANCE is pursuing several business lines in the growing economies of East Africa. The Company is developing opportunities in the region including initiatives in technology and systems integration services, utility support services, affordable housing and health products manufacturing. RESTANCE recently acquired East African Development Partners as part of its strategy in East Africa.
Learn more about the RESTANCE operations in Africa on the Company's website: http://www.restanceinc.com.
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.
Media Contact:
Randell Torno
ir@restanceinc.com
+1-800-834-5792
SOURCE RESTANCE, Inc.
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