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(EMAILWIRE.COM, February 11, 2009 ) TUCSON, AZ -- Anything Brands Online, Inc. (Pink Sheets: ANYT) announced today that its Anything Trucker Division (www.anythingtrucker.com) has completed a strategic marketing and service agreement with FreightShares Network, Inc.
The FSN Consulting Division has recently submitted a six month transportation study and development plan to the ANYT Board of Directors. The project was given a go-ahead in September of 2008 by the Board with the complete understanding that FSN would accept all cost and risk for the study. It was further understood that in order for for FSN to receive compensation for the project or any future projects, that they would need to identify and study potential M&A candidates. FSN would be required to qualify them and educate them on ANYT and its primary goal of becoming a significant player in the future of the technological side of the transportation industry. The Board has completed its evaluation of the FSN project and has agreed to exchange equity for the Project Study and an unspecified number of all ANYT projects that are still in the planning stage. ANYT has been given exclusive first-right options in exchange for equity in ANYT.
Jean Morgan, President of Anything Brands Online, Inc., expressed her excitement over the announcement: "We challenged the FSN team to identify the best possible candidates and strategies to help us launch ANYT into the future of transportation technology. We expect to make some major announcements in the very near future."
Tim Norton, President of Anything Trucker, points out: "We have had success with everything we've done with FSN to this point, but truthfully, those have been very small projects that were set-up for the FSN Group to gain an insider's understanding of what ANYT and its Anything Trucker Division is really all about. With a complete understanding of our plans for the future, FSN has played a very important role in helping us to work towards creating a platform for the future of transportation technology and guiding us in that direction."
Mark T. Lindbergh, Senior Partner of FSN and Coordinator for the ANYT Project, stated: "Taking the ANYT Project Challenge was an easy decision for us once we got to know their senior management team. Their vision was clear and their platform has tremendous potential. With the world's financial and lending crisis in full swing, finding partners for ANYT would be as important as having them find ANYT. We knew our focus would need to be on developing relationships with the best technology companies in the industry. Our own connections with the best in the industry made it possible for potential ANYT partners to understand that ANYT had the platform and the equity financing to build their future technology. It was indeed a very easy decision for us to ask for equity instead of compensation for our work because we are convinced that ANYT and its leaders are heading in the absolute right direction for stock appreciation."
Jeremy Messner, CEO of FSN, stated: "With over 45 years of experience in the transportation industry, we have been fortunate enough to have built some very good relationships and contacts that have become very interested in ANYT and its plans for the future. If our first ANYT project comes to fruition, I expect us to hear from a number of serious industry players who have already expressed a great deal of interest. We are pleased and proud to sign on with ANYT and excited about the possibilities. We expect 2009 to be a very good year for both our organizations."
About Anything Brands Online, Inc.
Anything Brands markets and sells commercial & recreational transportation products and services. Anything Brands is a leader in the commercial and recreational vehicle and transportation markets serving RV, trucking, marine, outdoor recreation, automotive, commercial and OEM applications. Also serving: automotive, construction, industrial tools, and equipment and auto body supplies thru its Tradesman Tool division.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Anything Brands Online, Inc. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Anything Brands Online, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
For more information, visit www.anythingbrandsonline.com or contact the Investor Relations department at 520-742-1890.
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Anything Brands Online, Inc.
Investor Relations departme
520-742-1890
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Source: EmailWire.com
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