Thursday, January 25, 2007
RALEIGH, NC – CubeShield, Inc., manufacturer and retailer of the patented CubeShield product, today announced record results for 2006. The company achieved 86% revenue growth for the year. A strong holiday season contributed to these results with 42% of sales occurring in the 4th quarter.
Existing customers played a significant role in the company’s growth as well, representing 67% of product revenues in 2006. “Once companies start using our products many of them place follow on orders,” said Paul Rony. The CubeShield product, which blocks out excessive overhead lighting in office cubicles, is used in numerous large corporations and government agencies throughout the United States.
Gary Hoke and Paul Rony, the company cofounders, received U.S. Patent 7,117,802 for the product in October 2006. They predict sales growth to continue into 2007. The company plans to pursue new distribution channels and recruit additional product resellers.
About CubeShield
CubeShield, Inc. was established in June 2002 to develop and market a unique product that allows employees to enhance their cubicle environments. While the CubeShield product was invented to block excessive overhead light, it can also provide personalization and privacy to an office cubicle. To learn more about CubeShield please visit the company website at www.cubeshield.com.
Other ources:
- http://www.prleap.com/pr/63155/
- http://www.pr.com/press-release/27945
- http://www.24-7pressrelease.com/view_press_release.php?rID=23466&tf7sid=fa58715ec9b0d3e742ffd42ede0e0927
- http://carolinanewswire.com/news/News.cgi?database=1news.db&command=viewone&id=2257&op=t
- http://triangle.dbusinessnews.com/shownews.php?newsid=104657&type_news=latest
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