Ocean Bio-Chem, Inc. Subsidiary Star brite(R) Wins Prestigious Award From
National Marine Distributor Association
FORT LAUDERDALE, FL -- (Marketwired) -- 07/29/13 -- Ocean Bio-Chem,
Inc. (NASDAQ: OBCI), a leading manufacturer and distributor of
appearance, performance, and maintenance products serving the marine,
automotive, power sports, recreational vehicle and outdoor power
equipment markets, is pleased to announce that its subsidiary, Star
brite(R) Inc., was recently honored at the annual meeting of the
National Marine Distributor Association (NMDA) as a finalist and a
top three recipient of the Supplier of the Year Award for 2013.
The NMDA distinguishes a select number of companies who meet and
exceed the standards and goals set by the NMDA Supplier of the Year
committee. Star brite(R) was distinguished from over 80 of the top
marine suppliers and vendors in the U.S.
The awards were presented at the NMDA's annual Sales, Training,
Education and Purchasing (S.T.E.P.) Conference in Rosemont, Illinois.
Star brite(R) was one of three companies awarded in the top Gold
Category. The wholesale distributor members of NMDA have voted
annually since 1972 to recognize their top suppliers for overall
excellence in supply chain management, marketing, packaging &
shipping and customer service. All vendor companies receive ratings
and evaluations from distributor customers to determine the award
"Our whole company is quite excited to be recognized as one of the
top companies for our excellence in sales, marketing, customer
service and delivery of our products, by such a recognized trade
group in the marine industry. This award firmly establishes us as a
strong business partner and will give us the advantage needed as our
customers continue to consolidate vendors allowing us the ability to
increase our sales within our core marine industry," said Greg Dornau
Executive Vice President of Sales and Marketing.
About National Marine Distributor Association (NMDA)
NMDA is the leading trade association for U.S. and Canadian marine
products distributors. Members include major distributors, many
leading product manufacturers and manufacturer representatives. The
National Marine Distributors Association supports the marine industry
by promoting boating to consumers, promotion of wholesale
distributors as the best way for manufactures to sell products and
promotions to independent outlets.
About Ocean Bio-Chem, Inc.
Ocean Bio-Chem, Inc. is principally engaged in the manufacturing,
marketing and distribution of a broad line of appearance and
maintenance products for boats, recreational vehicles, automobiles,
power sports, outdoor power equipment and motorcycle markets under
the Star brite(R) StarTron(R) and other trademarks within the United
States of America and Canada. In addition, the Company produces
private label formulations of many of its products for various
customers and provides custom blending and packaging services for
these and other products.
The Company trades publicly under NASDAQ Capital Markets, Ticker
The Company's web sites are: www.oceanbiochem.com, www.starbrite.com
and www.startron.com and nos-guard.com
Certain statements contained in this
Press Release including without limitation expectations as to future
sales and operating results, constitute forward-looking statements.
For this purpose, any statements contained in this report that are
not statements of historical fact may be deemed forward-looking
statements. Without limiting the generality of the foregoing, words
such as "believe," "may," "will," "expect," "anticipate," "intend,"
"could" including the negative or other variations thereof or
comparable terminology are intended to identify forward-looking
statements. These statements involve known and unknown risks,
uncertainties and other factors which may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Factors that may affect these
results include, but are not limited to, the highly competitive
nature of our industry, reliance on certain key customers, changes in
consumer demand for marine, recreational vehicle and automotive
products, advertising and promotional efforts, exposure to market
risks for changes in interest rates and in foreign exchange rates,
and other factors.
CEO and President
Vice President & CFO
E & E Communications
Press spacebar to pause and continue. Press esc to stop.