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SteroidStocks.com Says: (OTCBB:ORHI) - (OTCBB:LYNS) - (OTCBB:BKRS) Are On Steroids!!!
(M2 PressWIRE Via Acquire Media NewsEdge) SteroidStocks.com Says: (OTCBB:ORHI) OmniReliant Holdings, Inc. ,(OTCBB:LYNS) Lightyear Network Solutions, Inc. and (OTCBB:BKRS) Bakers Footwear Group, Inc. are on STEROIDS!
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About OmniReliant Holdings
OmniReliant Holdings is a holding Company that has company subsidiaries that utilizes DRTV, live shopping and internet to build brands. The Company, through its subsidiaries, engages in the creation, design, distribution, and sale of affordable products available to U.S. and international consumers. The Company successfully markets its products through various direct response formats, live shopping networks, ecommerce, direct mail, and traditional retail channels.
The corporate offices of OmniReliant are located 14375 Meyerlake Circle Clearwater, Florida 33760. OmniReliant questions may be addressed to Robert J. DeCecco, CEO, at 727-230-1031. For further information visit http://www.omnireliant.com.
The OmniReliant Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7911
News Today:
CLEARWATER, Fla., Sep 2, 2010 -- OmniReliant Holdings, Inc. (OTCBB:ORHI) announces that OmniResponse, Inc., the wholly owned consumer products enterprise of OmniReliant Holdings, Inc., announces the opening of its new Sales Office located in Bentonville, Arkansas. The new location will be the launching pad to expand OmniResponse's Retail Sales presence led by Travis Berger, Vice President of Retail Sales, who has lived in the area for ten years.
Timing and speed into the retail market is critical for each product. Mr. Berger explained that it is important to have a strategic plan of action when selecting a retailer to vend a product, when and how the launch will be executed, and a means to sustain product interest. Since the largest and most popular retailers may not always be the one to initially launch a product, the success of moving a product into retail can be highly contingent on the retail network already being in place.
Mr. Berger said, "If a successful Direct Response product is in high demand, consumers are excited when it hits store shelves. If you launch a Direct Response product too early and consumer interest hasn't reached a pivotal level, retailers may pull the product from shelves if it does not reach a certain selling benchmark. If a product comes into the retail market too late, a competitor product may beat you to the retail race. However, when a product comes into the retail space at just the right time it will be opened up to various marketing promotions, kiosks, pallet displays, etc., all of which have the potential to generate sales."
Robert J. DeCecco, CEO of OmniReliant Holdings, Inc., said, "The opening of our Retail Sales Division in Bentonville, Arkansas is more than just a strong statement to our commitment to driving retail sales growth in 2011 and beyond. It's also the hometown of our new VP of Retail Sales, Travis Berger who was formerly engaged as a consultant with Wal-Mart Stores, Inc. as a Category Strategic Advisor for Direct-to-Consumer products and brands. While our corporate offices are located at our 34,000 square foot television and production studio (www.omnicommstudios.com), we believe Bentonville is the perfect location to expand the growth of our Retail Sales channel due to the professional connections Travis has cultivated with many large retailers."
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About Lightyear Network Solutions, Inc.
Through its wholly owned subsidiary, Lightyear Network Solutions, LLC, Lightyear provides telecommunication services to large, medium and small businesses and to residential consumers throughout North America. Lightyear's product offerings include local PRI and digital T1, enhanced Internet services, MPLS, Ethernet, Voice over Internet Protocol (VoIP), local and long distance service, and conferencing. Lightyear also offers wireless services to customers in the U.S. through wholesale contracts with multiple wireless providers. Lightyear built its own VoIP network in 2004 to enhance its product offerings and has partnered with some of the most prominent names in telecom including: Sprint, Verizon, AT&T, Qwest, Level 3, PAETEC, CenturyLink, XO Communications, Intelliverse, BroadSoft, Cisco and AdTran. Lightyear Network Solutions is headquartered in Louisville, Ky. Additional information can be found at: www.lightyear.net.
News Today:
LOUISVILLE, Ky., Sep 02, 2010 -- Lightyear Network Solutions, Inc. (OTCBB: LYNS) (www.lightyear.net), a provider of telecommunication services to large, medium and small businesses, as well as residential consumers throughout North America, held one of its most successful annual National Sales Conferences this past weekend.
Approximately 240 Channel Partners and independent Representatives from around the country turned out for the 2010 Lightyear National Sales Conference held August 26-28 at the Hyatt Regency Hotel in downtown Louisville.
The conference featured a number of informative breakout sessions, product positioning seminars, awards presentations and a VIP dinner, during which time Lightyear's sales partners learned more about the company's strong value proposition and competitive advantages.
Sprint, a longtime Lightyear carrier partner, was the Presenting Sponsor of the event, with several company officials participating in the conference. Qwest Communications, XO Communications and Red Ventures also were event sponsors.
"We are pleased to have had such a successful Lightyear National Sales Conference this year," said J. Sherman Henderson, III, CEO of Lightyear. "The enthusiasm and positive response to Lightyear's new status as a public company and our growth strategy were evident from our veteran partners as well as our new ones during the event. We continue to receive tremendous feedback regarding our new focus and value proposition."
During the past quarter, Lightyear has added a number of new Channel Partners and Representatives from across the nation, including from states such as New York, California, Texas, Illinois, Georgia and Alabama. Many of the new sales partners were on hand for the three-day conference.
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About Bakers Footwear Group, Inc.
Bakers Footwear Group, Inc. is a national, mall-based, specialty retailer of distinctive footwear and accessories for young women. The Company's merchandise includes private label and national brand dress, casual and sport shoes, boots, sandals and accessories. The Company currently operates 237 stores nationwide. Bakers' stores focus on women between the ages of 16 and 35. Wild Pair stores offer fashion-forward footwear to both women and men between the ages of 17 and 29.
News Today:
ST. LOUIS, Sep 02, 2010 --August Comparable Store Sales Increase 0.9%
Bakers Footwear Group, Inc. (OTC Bulletin Board: BKRS.OB), a leading specialty retailer of moderately priced fashion footwear for young women, with 237 stores, today reported net sales for the July and August 2010 and second quarter fiscal 2010 periods.
For July, the four-week period ended July 31, 2010, net sales increased to $11.9 million, compared to $11.3 million in the same period last year. Comparable store sales (sales for stores open at least one year or more) for the four-week July 2010 period increased 7.8%, compared to a decrease of 5.5% for the four-week period ended August 1, 2009.
For the thirteen weeks ended July 31, 2010, the Company's second fiscal quarter, net sales were $43.3 million, down from $43.7 million for the thirteen weeks ended August 1, 2009. Comparable store sales for the second quarter of fiscal 2010 increased 0.2%, compared to a comparable store sales increase of 0.7% for the second quarter of fiscal 2009.
For the twenty-six week year-to-date period ended July 31, 2010, net sales were $86.8 million, decreasing 2.1% from $88.7 million in the twenty-six week period ended August 1, 2009. Comparable store sales for the first half of fiscal 2010 decreased 0.7%, compared to an increase of 2.8% in the first half of last year.
For August, the four-week period ended August 28, 2010, net sales decreased to $11.1 million, down from $11.2 million in the same period last year. Comparable store sales for the four-week August 2010 period increased 0.9%, compared to a decrease of 10.3% for the four-week period ended August 29, 2009.
Peter Edison, Chairman and Chief Executive Officer of Bakers Footwear Group commented, "Our second quarter sales results included a sequential improvement in our comparable store sales trend as the quarter progressed with comps turning positive in July, driven by increased promotional activity in sandals. Our comp trend continued positively in August, with a good early response to our fall assortments particularly boots, dress shoes and casual footwear. As we look ahead, we expect to deliver comparable store sales growth for the fall season fueled by the strength of our trend-right fashion assortments and the introduction of new brands, as well as easier comparisons to the prior year."
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About SteroidStocks.com
SteroidStocks.com is written and published by SteroidStocks.com employees. Readers are advised that this analysis report is issued solely for informational purposes. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a representation by the publisher nor a solicitation of the purchase or sale of any securities. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. SteroidStocks.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. For additional information, please visit www.steroidstocks.com or e-mail info@steroidstocks.com.
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