Friday, August 21, 2009

Ethos Environmental, Inc. (ETEV.OB) Recognizes Substantial Increase in Revenue, Successful Launch of Distribution Arm

Ethos Environmental, Inc. was pleased to announce today that the revenue for the second quarter was $471,234, versus $138,070 for the first quarter of this year. This represented a substantial quarter-over-quarter increase of $333,164 or 341%.

In May, the company successfully launched its wholly owned distribution arm, www.ecomates.com. During the first quarter of 2009, Ethos basically halted sales as it went through corporate restructuring and focused on developing its products, which included the validation of the benefits of EthosFR+ and EthosFR.

Corey P. Schlossmann, Ethos’ CEO, commented, “We are optimistic that as we continue to grow and expand our base of distributors, we will see a corresponding increase in sales going forward. We appreciate the efforts of all our distributors in making the launch of our distribution arm, www.ecomates.com, a success.”

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