Blue Star Opportunities Two New York City Locations Benefit From
Rebound in Real Estate After Five-Year Slump
Growing New York Market Expected to Contribute $12 M to Top Line as
LAS VEGAS, NV -- (Marketwire) -- 12/05/12 -- Blue Star Opportunities
Corp. (The "Company") (PINKSHEETS: BSTO) announces that its two sales
showrooms in New York City are operative and are carrying the full
lines of Company products including recent additions in the largest
wood flooring market in the nation.
Blue Star is extremely competitive in the New York/New Jersey market
both in terms of price and quality. We offer a compelling value
proposition to both commercial and retail clients: higher quality, an
industry-best mastery of color, design and fashion all of which we
provide at the same prices as the lower end products from major
chains. Thanks to our unique manufacturing efficiency and supply
network we offer a higher quality product at a much lower price.
Our Mid-town Manhattan location now supports and hopes to expand our
long established relationships with the world's largest concentration
of architect and designer firms. Many have been doing business with
us over the years. We now benefit from a closer proximity to that
important client base as well as serving the city's fashion conscious
and affluent consumers.
Blue Star is being approached to participate in major multi-million
dollar commercial projects as the real estate market is finally
rebounding from its five-year slump. Also additional strong demand is
expected in the reconstruction drive to repair damages in the wake of
The company operates a unique proprietary production chain of LEED
standard flooring that will easily supply its new network of multiple
factory outlets and associated resellers as well as its business of
supplying an institutional market that includes museums, churches and
retail store chains. With these networks, the company feels it will
be in a strong leadership position to secure a 3% share of the United
States and Canadian specialty flooring market niches which could
represent revenues of as much as $200 Million annually.
Our ongoing core business of supplying ecology-sensitive clients like
fast growing store chain Lululemon Athletica continues
to thrive, and
we have garnered significant additional business through our success
in these store-wide deployments.
Following the New York area, the company will be branching out to key
markets in California including Los Angeles, San Francisco, East Bay
and Marine Country, where local lifestyles and environmentally
conscious demand means prioritizing a strong presence.
Going forward, Blue Star expects to open its next locations in a few
weeks time and is on track to meet and perhaps exceed its $20 million
revenue target for Calendar 2013.
ABOUT BLUE STAR
Blue Star Opportunities Corp. is a supplier of environmentally
friendly components used in renovation and construction of family
homes, commercial and retail space, and multi-unit dwellings. Its
products include materials for housing parts that are traditionally
made of wood. It is now a leader in LEED certified bamboo and cork
flooring offered in hundreds of beautiful hand finished colors
offered at factory prices. The Company's policy is to offer to its
clients LEEDS-validated materials from renewable resources in order
to service the growing market of consumers and end-users who are
demanding green products for their homes and projects.
FORWARD-LOOKING STATEMENTS Except for historical information provided
herein, this press release may contain information and statements of
a forward-looking nature concerning the future performance of the
Company. These statements are based on suppositions and uncertainties
as well as on management's best possible evaluation of future events.
Such factors may include, without excluding other considerations,
fluctuations in quarterly results, evolution in customer demand for
the Company's products and services, the impact of price pressures
exerted by competitors, and general market trends or economic
changes. As a result, readers are advised that actual results may
differ from expected results.
For further information, please contact:
514 969 6419
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