Lake Forest, CA, Aug. 03, 2021 (Globe NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT TBLTW), introduced today the launch of its ToughBuilt-branded two-in-one scraper and utility knife. This start signifies ToughBuilt’s 2nd line of hand applications and is presently readily available nationwide at Lowe’s Usa and at choose unbiased stores across the globe.
Michael Panosian, ToughBuilt’s Main Executive Officer, commented, “Our multi-practical scraper and utility knife is the fantastic instrument for qualified builders, painters and critical Diy homeowners, and is intended to easily alternate concerning takes advantage of and engineered for significant functionality. We anticipate this merchandise line contributing to our profits for decades to come as we keep on to introduce new ground breaking SKU’s and broaden our retail existence close to the world. This solution is the very first of 3-to-4 product or service launches expected in the remainder of 2021.” Panosian extra, “We continue being dedicated to our mission of innovating classification-main merchandise for our consumers to support them operate speedier, smarter and more successfully.”
To look at this product’s internet marketing films, remember to comply with the one-way links down below: Building of the ToughBuilt Scraper Utility Knife ToughBuilt Scraper Utility Knife Just Click on ItToughBuilt Scraper Utility Knife Start
ABOUT TOUGHBUILT INDUSTRIES, INC.
ToughBuilt is an sophisticated product or service style, maker and distributor with emphasis on revolutionary products. At present centered on equipment and other equipment for the qualified and do-it-by yourself construction industries. We marketplace and distribute numerous household improvement and design item lines for both of those the do-it-yourself and specialist marketplaces under the TOUGHBUILT brand name name, within just the world-wide multibillion greenback for every yr tool market place industry. All of our products and solutions are developed by our in-residence design group. Because launching solution product sales in 2013, we have expert important annual product sales development. Our latest item line consists of three big groups, with many extra types in many stages of improvement, consisting of Smooth Products & Kneepads and Sawhorses & Operate Products. Our mission is to present items to the building and dwelling enhancement communities that are innovative, of superior good quality derived in component from enlightened creativity for our close consumers whilst improving general performance, improving upon perfectly-getting and creating substantial model loyalty. Further information and facts about the Organization is offered at: https://www.toughbuilt.com/.
Forward-Searching STATEMENTS
This push launch has “forward-wanting statements.” This sort of statements might be preceded by the words and phrases “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or comparable phrases. Forward-wanting statements are not guarantees of foreseeable future efficiency, are based on particular assumptions and are subject to many regarded and unknown dangers and uncertainties, lots of of which are further than the Company’s handle, and are not able to be predicted or quantified and consequently, genuine success may vary materially from those expressed or implied by these forward-searching statements. These types of challenges and uncertainties incorporate, without limitation, threats and uncertainties affiliated with (i) market place acceptance of our present and new merchandise, (ii) delays in bringing products to crucial markets, (iii) an incapacity to safe regulatory approvals for the skill to offer our solutions in certain marketplaces, (iv) extreme competitiveness in the marketplace from a great deal bigger, multinational corporations, (v) products legal responsibility promises, (vi) merchandise malfunctions, (vii) our restricted producing capabilities and reliance on subcontractors for help, (viii) our efforts to efficiently obtain and retain mental home safety masking our products and solutions, which could not be productive, (ix) our reliance on single suppliers for specified product parts, (x) the reality that we will have to have to increase added capital to satisfy our business enterprise specifications in the long run and that these types of funds boosting may perhaps be high-priced, dilutive or complicated to receive and (xi) the actuality that we perform organization in several international jurisdictions, exposing us to international currency trade rate fluctuations, logistical and communications challenges, burdens and charges of compliance with foreign laws and political and financial instability in each individual jurisdiction. Extra thorough information and facts about the Company and the possibility elements that might impact the realization of ahead seeking statements is established forth in the Company’s filings with the Securities and Exchange Fee (SEC), such as the Company’s Annual Report on Sort 10-K and its Quarterly Reviews on Variety 10-Q. Buyers and protection holders are urged to browse these files free of charge on the SEC’s world wide web site at http://www.sec.gov. The Corporation assumes no obligation to publicly update or revise its forward-wanting statements as a result of new info, potential occasions or normally.
Investor Relations Call: KCSA Strategic Communications David Hanover [email protected]
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