TAMPA, FL, Feb. 3, 2014 /CNW/ - IMD Companies, Inc. (OTC: ICBU) Board of Directors are pleased to announce they have signed a Letter of intent to acquire Lumz'n Blooms, Ltd. a Manufacturer for products and services for indoor growers. Lumz'n Blooms, LTD. was founded in 2006 and had revenues in excess of $2.2 million in 2013.
Lumz'n Blooms, LTD.'s main products allow consumers to "Bring the Sun Indoors", lighting is considered the pickaxe and shovel of the "Green Rush". Lumz maintains two main brands, designed to support two major trending markets in the indoor Hydroponic gardening segment;
- Organic, Green Home, Sustainable living Market: A market of customers who desire to know what they are putting into their family's bodies. This line of products includes the LED Mini Garden which has already been placed in over four hundred retail stores its first year. This product is perfect for use as a kitchen appliance, in the office, or in the home to bring light and life to the darkest corners of all rooms.
- Hydroponic retail sales: This market has grown to over $2B annually, Lumz has attracted and supplies several national distributors who have only recently entered largely due to the growing demand in the Medical and Recreational Marijuana market as well as the indoor gardening market overall
"Our goal is to have Lumz'n Blooms, LTD. be the most widely distributed brand in the industry and first on the shelf as mainstream retailers create shelf space for this product category for the first time, " stated Brian Tucker President of Lumz'n Blooms, LTD For more information go to www.Lumz-n-Blooms.com , www.TuckersPride.com and www.InHomeGardening.com
Larry Robertson CEO of ICBU stated, "This acquisition will give us the opportunity to expand our product lines directly into the mainstream market for indoor Hydroponic growers, and Indoor Gardens. By owning Lumz'n Blooms, LTD. we will increase our distribution channels exponentially for not only their products but for the EMC-5000 System's, which was acquired from ATM joint partnership, (OTC:EXMT) as well. This will afford Lumz the ability to expand its presence at trade shows, provide co-op advertising for major retailers, support retail trials, promote product through print, social and other media outlets, develop POS displays, as well as new product development."
About R-Quest Hydroponics, Inc.
R-Quest Hydroponics, Inc., is a Hardware and Software Manufacturing Company with its headquarters in Placerville, California. R-Quest Hydroponics, Inc. has developed the new Environmental Master Controller EMC-5000 system, which is able to provide constant management for grow room facilities for indoor gardens. The EMC-5000 was developed so that growers can rest easy with the confidence that their crop is in excellent hands. The EMC-5000 is able to regulate and control all aspects of an indoor grow system, including Light cycles to optimize growth, Fans, Nutrient pumps, and CO2 level controls to help manage grow rooms. To see more information on the EMC-5000 go to www.r-questhydro.com .
About IMD Companies, Inc.
IMD Companies, Inc., (OTC MARKETS: ICBU) is a Florida corporation, engaged in the medical diagnostics and health and fitness industries. The company is currently positioned to be a holding company for major acquisitions in the medical, and marijuana industry. Its primary products and services lie in the health and fitness and medical diagnostics services markets. The company delivers its medical diagnostic services on-site at participating medical clinics and physician offices and company sponsored health fairs.
About Anything Technologies Media Inc.
Anything Technologies Media Inc., (OTC:EXMT) www.anythingtechnologiesmedia.com is a Multi-Media Digital applications, production and marketing Company. ATM will be the parent company of subsidiary Corporations, and is also focused on partnerships and acquisitions in the medical marijuana sector. The company and partners each have their own professional management team with extensive backgrounds in finance, new technologies, manufacturing, marketing and distribution. ATM's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace to a preeminent position through revenue sharing and acquisitions.
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SOURCE: IMD Companies Inc
For further information: Investor Relations: Frank Giannazzo, 407-967-3611