Dickey’s Barbecue Pit Announces Utah Locations Will Be Closed on Sundays

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/EINPresswire.com/ — DALLAS, TX–(Marketwired – March 28, 2017) – Starting April 2, all Dickey’s Barbecue Pit locations in Utah will be closed on Sundays. A cooperative of new and veteran Dickey’s Owner/Operators spearheaded this initiative in response to feedback from the local community. In addition, to honor the Kids Eat Free deal traditionally offered on Sundays, Dickey’s will now offer the deal on Mondays at all Utah locations.

North Salt Lake City Councilman Matt Jensen is one veteran Dickey’s Owner/Operator that campaigned for this initiative. „As a local business owner and a Dickey’s Owner/Operator, I believe being an active participant in the community is very important,” said Jensen. „We want our customers to know how valuable their business and feedback is to us as we strive to offer them the best experience possible.”

Community engagement will continue to be a priority for the new cooperative moving forward, with the goal of fostering the ideal environment for Salt Lake City and Utah families. Intentional effort is going into developing initiatives that connect Dickey’s with local families and foster a positive relationship with the surrounding community, such as the Kids Eat Free Mondays deal. Planning for additional initiatives is already underway in collaboration with Dickey’s Barbecue Restaurant, Inc., the corporate headquarters, and will be announced soon.

„At Dickey’s, we are always looking for opportunities to connect with the local communities in which we operate,” said Laura Rea Dickey, CEO of Dickey’s Barbecue Restaurants, Inc. „This is an entirely new policy for us, so it is a bold step, but we are committed to supporting our Utah Owner/Operators and loyal guests.”

Follow Dickey’s on Twitter, Facebook and Instagram.

About Dickey’s Barbecue Restaurants, Inc.
Dickey’s Barbecue Restaurants, Inc., the nation’s largest barbecue chain, was founded in 1941 by Travis Dickey with the goal of authentic slow-smoked barbecue. Today, all meats are still slow smoked on-site in each restaurant living up to the company tagline, „We Speak Barbecue.” The Dallas-based family-run barbecue franchise offers a quality selection of signature meats, home style sides, tangy barbecue sauce and free kids’ meals every Sunday. The fast-casual concept has expanded to almost 600 locations in 44 states. This year Dickey’s won first place on Fast Casual’s „Top 100 Movers and Shakers” and ranked in the top ten of Franchise Times’ „Fast and Serious.” Dickey’s Barbecue Pit was recognized for the third year by Nation’s Restaurant News as a „Top 10 Growth Chain” and by Technomic as the „Fastest-growing restaurant chain in the country.” For more information, visit www.dickeys.com or for barbecue franchise opportunities call 866.340.6188.

Global Hair Dye Market Forecasts (2017-2021) with Industry Chain Structure, Competitive Landscape, New Projects and Investment Analysis

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This report provides major statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market

In this report, the global Hair Dye market is valued at $22.88 billion in 2016 and is expected to reach $ 35.58 billion by the end of 2022, growing at a CAGR of 7.63% between 2016 and 2022.

Access this report at: https://www.themarketreports.com/report/global-hair-dye-consumption-market-report-2017

Companies profiled in this report are L’Oréal Paris, Garnier, Henkel, Liese, Goldwell, Wella, Clairol, HOYU, Shiseido, Godrej and more.

Analysis by Product Types, with production, revenue, price, market share and growth rate of each type, can be divided into

  • Temporary Hair Dye
  • Semi- & Demi-Permanent Hair Dye
  • Permanent Hair Dye

Analysis by Applications, this report focuses on consumption, market share and growth rate each application, can be divided into

  • Home Use
  • Commercial Use

Purchase this premium research report at: https://www.themarketreports.com/report/ask-your-query/435759

Table of Contents:

1 Hair Dye Market Overview

2 Global Hair Dye Competition by Players/Suppliers, Type and Application

3 USA Hair Dye (Sales, Revenue and Price

4 China Hair Dye (Sales, Revenue and Price

5 Europe Hair Dye (Sales, Revenue and Price

6 Japan Hair Dye (Sales, Revenue and Price

7 India & Southeast Asia Hair Dye (Sales, Revenue and Price

8 Global Hair Dye Players/Suppliers Profiles and Sales Data

9 Hair Dye Manufacturing Cost Analysis

10 Industrial Chain, Sourcing Strategy and Downstream Buyers

11 Marketing Strategy Analysis, Distributors/Traders

12 Market Effect Factors Analysis

13 Global Hair Dye Market Forecast (2017-2022)

14 Research Findings and Conclusion

Inquire more about this report at: https://www.themarketreports.com/report/buy-now/435759

 

Geelong Warehouse Traders hit the marketplace in Geelong Victoria

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Summary

 

Geelong Warehouse Traders hit the marketplace in Geelong Victoria recently offering unprecedented savings on many of the products they manufacture as well as on factory clearance items like clothing, shoes, jewellery and their spectacular canvas wall art.

 

They’re manufacturers, wholesalers, importers and they also sell direct to the public from their factory warehouse showroom at their 370 Thompson Road, North Geelong location.  They’ve been making jewellery through other varied businesses for over 50 years and their Jewellery Generation range of jewellery is a great collection of original designs using genuine gems and handmade materials like silver and handmade glass and ceramic beads.

Most of their jewellery is individual pieces so its nothing like the regular clone jewellery you see around others stores or markets.

 

Story

 

Their factory warehouse is around 400 square metres and is packed full with clothing, shoes, jewellery and their very own special designs of canvas wall art mostly produced in huge AO size which would transform any wall into a major talking piece in your home or business. The designer John Boom has been doing this, making jewellery, writing books, and producing original songs as a  singer and songwriter also known as Johnny B.

 

John said. “On my Youtube page under johnnybaustralia I’ve produced well over 2,000 videos so as you can see I’ve always been a very busy person.” “I’ve been an avid photographer for many years having taken around a million photos of towns around Australia, wildlife and many other interesting things with many of my photos being used in books and through many other media outlets”. “I was making jewellery from the age of around 8 years old and have been doing that ever since as well as many other interesting things”.

 

“I suppose you could call me an adventurer in many areas of interest.” “I hope my new business Geelong Warehouse Traders will captivate people as well as I’ve tried to bring some of the magic I’ve experienced in my life into the warehouse.” “We also stock a range of gemstones and minerals for people to buy as well as that’s also been an interest of mine from a very young age”.    

 

Always a busy man he’s also produced Australian Pictorials.com where he’s basically filmed nearly every Australian town and placed all those towns in picture on the website for the world to see. Click on any Australian town and you get a snapshot of every town in Australia that way.

 

John said “I came out of retirement not settling for little to do so I started up Geelong Warehouse Traders – www.geelongwarehousetraders.com

It’s well worth a visit and has some most unique things on display compared to most regular type businesses of today”. “It takes a fair while to take in all the different things we have and at the same time many of our products are at some of best prices you’ll find anywhere in Australia”. You can look through the collectibles, shop for shoes or clothing and you won’t be bored at this warehouse clearance factory”. “Most of my wall art comes out to you and is striking as I designed them to be”.

 

They’re open from 9am till 5pm Monday till Saturday. And it’s very different to what most people can imagine.

 

Video Link: https://www.youtube.com/watch?v=2EG30bZ9-Ts&t=3s

 

Address: Geelong Warehouse Traders  – 370 Thompson Road, North Geelong Victoria 3215

Phone: 03 4244 9289

Email:  admin@search-the-world.com

Website:  www.geelongwarehousetraders.com

Photos:

http://www.geelongwarehousetraders.com/images/p2030869_small.jpg

http://www.geelongwarehousetraders.com/images/Clearance%20sign%20with%20info-red.jpg

http://www.geelongwarehousetraders.com/images/P2040395-reduced.jpg

http://www.geelongwarehousetraders.com/images/p2030146_small.jpg

http://www.geelongwarehousetraders.com/images/artselection.jpg

http://www.geelongwarehousetraders.com/images/P2030401-2.jpg

Gold Coast’s $1bn Jewel development launches to NZ market

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MEDIA RELEASE FROM NEW ZEALAND SOTHEBY’S INTERNATIONAL REALTY, QUEENSTOWN

March 29, 2017. For immediate release

Gold Coast’s $1bn Jewel development launches to New Zealand market

Australia’s first absolute beachfront six-star hotel and residences in 30 years will now be marketed to one of the Gold Coast’s biggest property investment destinations, New Zealand.

New Zealand Sotheby’s International Realty (NZSIR) will launch the $1 billion Jewel tri-tower development at a series of presentation seminars in Auckland on Saturday, 8 April, midday, at Hotel Sofitel Auckland Viaduct Harbour.

Jewel is currently under construction just south of Surfers Paradise. It is being developed as a joint venture between one of the world’s biggest private property developers, Wanda Group, and Ridong Group, also of China.

Wanda Group is owned by China’s richest man Wang Jainlin. Wanda Group is the world’s largest cinema chain operator, owning the Hoyts Group and Wanda Cinemas, as well as the highest revenue-generating film company Wanda Film Holdings, international superyacht company Sunseeker, and major hotel developments in Britain, the United States and Australia.

Expected to open in 2019, Jewel is the first of its kind in Australia – promising more luxury than ever seen before on the Gold Coast, with 512 apartments, a Wanda Vista Hotel and exclusive amenities that spill to 130 metres of absolute beachfront.

NZSIR is introducing the development to potential Kiwi buyers and high net worth individuals who are looking to reside at Jewel or have as a holiday base on the Gold Coast.

NZSIR Managing Director Mark Harris says he is honoured to introduce one of Queensland’s premier real estate products to his network. “New Zealanders have a deep-seated, generational connection with the Gold Coast; it’s our home away from home in many ways. Many memories have been made through family holidays on Gold Coast beaches. I think this project will be very well received by our local market.”

Harris says it makes sense that major projects such as Jewel are capitalising on Sotheby’s International Realty’s worldwide reach. The global network comprises 850 offices and is regarded as the world’s largest luxury real estate company with annual sales in 2016 exceeding USD $95bn.

“This is a world-class product. Sotheby’s International Realty will take it to an international market and give it the exposure it deserves,” Harris adds.

Jewel Director of Sales and Marketing Lucas Wilson says the development is already attracting strong international interest, and will become one of the most sought-after beachfront developments globally.

“Jewel will become Australia’s largest mixed-used development on the absolute beachfront. Opportunities to get into a property such as this will become increasingly rare, particularly on the Gold Coast where most beach-front land is already fully developed.

“Sotheby’s International Realty is providing a once-in-a-generation opportunity for a small number of very lucky buyers, and New Zealanders are now in prime position to capitalise.”

ENDS

© Scoop Media

Acclaimed hospitality marketing & PR agency opens NZ Branch

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Acclaimed hospitality marketing & PR agency opens New Zealand Branch

Dutch marketing and PR agency Typhoon Hospitality is expanding its business to Asia Pacific by launching an Auckland branch. The agency is joining forces with local company Lily & Louis to work with world’s leading brands and independent businesses within the hospitality industry.

Due to its specialist and niche approach, the start-up has achieved major partnerships with brands such as Guinness, Nespresso, Hendrick’s Gin, Deliveroo, and THE ENTOURAGE GROUP. With its expansion to New Zealand, the agency can now realise its dream to elevate marketing and PR in hospitality to the next level in two different time zones.

The Amsterdam-based agency focuses on the European market while Typhoon Hospitality New Zealand will be responsible for Asia Pacific.

In 2012, Typhoon Hospitality was founded on the belief that from a marketing perspective, hospitality could do, and deserved, better. Now, the agency boasts 30 specialists spanning marketing, events and public relations.

“We used to joke around about Typhoon’s upcoming ‘world domination’. Hidden within this innocuous joke was a very real desire to expand globally. Half a year ago I found the perfect home to take this step. Auckland: a region whose hospitality branch was at the same stage as Amsterdam was when Typhoon Hospitality was founded. With the establishment of the Asia Pacific HQ, we will not just be an Amsterdam/European hospitality partner in crime, but a confidant for brands and entrepreneurs from around the world,” says Typhoon Hospitality’s Founder and Managing Director Yaela Betsalel.

To utilise its expertise on the far side of the world to the fullest, Typhoon Hospitality has joined forces with boutique consumer PR agency Lily & Louis. Lily & Louis is intimately familiar with the New Zealand market with year on year growth, making it an idea partner to complete Typhoon Hospitality’s extensive experience in the field. It boasts an impressive client portfolio consisting of leading national and international brands such as Montblanc, AMP, Accor Hotels, Peroni, Sanpellegrino.

“We are delighted to partner with Typhoon Hospitality and look forward to innovating bespoke marketing and PR solutions in a booming hospitality industry in New Zealand. In 2016 alone, sales sat at almost $9 billion per annum. This is a serious industry with major social and economic implications and it’s not going anywhere. It is only logical that we expand our rapidly growing business to include marketing and PR solutions, which consider and satisfy this growing sector’s needs,” says Lily & Louis’ Managing Partner Jacqui Ansin.

“In five years, Typhoon has developed an unprecedented speciality in hospitality marketing, PR and communication. We’re honoured to serve a new market with our partners Lilly & Louis to add value to the industry in New Zealand and beyond,” adds Betsalel.

END.

About Typhoon Hospitality

With its 360° way of working, Typhoon Hospitality is a unique hospitality marketing & PR agency. Restaurant, hotel, spirits and everything in between; if it’s hospitality related, it’s our business! The young, strong, and creative team turns their (crazy) ideas into concrete projects and develops tailor-made approaches with a mix of PR, online marketing, social media, events and design. Typhoon Hospitality is founded on the belief that – marketing wise – hospitality can do – and deserves – better. Typhoon Hospitality puts this belief into practice for Nespresso, Kimpton, Belvedere Vodka, Deliveroo en NH Collection Grand Hotel Krasnapolsky, among many more; creating strong and durable brands.

About Lilly & Louis

Lily and Louis is a fast growing boutique lifestyle PR agency specialising in curated content for businesses, media, consumers, social channels and stakeholders. With an impressive portfolio of some of New Zealand’s most beloved brands and leading category coverage, they are not afraid to push the boundary to cut through the noise and fit brands into people’s lives. Working at a strategic, creative and tactical level, they produce engaging campaigns which connect New Zealanders through shared values and interests while embedding brands within consumer consciousness.

© Scoop Media

Acclaimed hospitality marketing & PR agency opens NZ Branch

Submit the press release

Acclaimed hospitality marketing & PR agency opens New Zealand Branch

Dutch marketing and PR agency Typhoon Hospitality is expanding its business to Asia Pacific by launching an Auckland branch. The agency is joining forces with local company Lily & Louis to work with world’s leading brands and independent businesses within the hospitality industry.

Due to its specialist and niche approach, the start-up has achieved major partnerships with brands such as Guinness, Nespresso, Hendrick’s Gin, Deliveroo, and THE ENTOURAGE GROUP. With its expansion to New Zealand, the agency can now realise its dream to elevate marketing and PR in hospitality to the next level in two different time zones.

The Amsterdam-based agency focuses on the European market while Typhoon Hospitality New Zealand will be responsible for Asia Pacific.

In 2012, Typhoon Hospitality was founded on the belief that from a marketing perspective, hospitality could do, and deserved, better. Now, the agency boasts 30 specialists spanning marketing, events and public relations.

“We used to joke around about Typhoon’s upcoming ‘world domination’. Hidden within this innocuous joke was a very real desire to expand globally. Half a year ago I found the perfect home to take this step. Auckland: a region whose hospitality branch was at the same stage as Amsterdam was when Typhoon Hospitality was founded. With the establishment of the Asia Pacific HQ, we will not just be an Amsterdam/European hospitality partner in crime, but a confidant for brands and entrepreneurs from around the world,” says Typhoon Hospitality’s Founder and Managing Director Yaela Betsalel.

To utilise its expertise on the far side of the world to the fullest, Typhoon Hospitality has joined forces with boutique consumer PR agency Lily & Louis. Lily & Louis is intimately familiar with the New Zealand market with year on year growth, making it an idea partner to complete Typhoon Hospitality’s extensive experience in the field. It boasts an impressive client portfolio consisting of leading national and international brands such as Montblanc, AMP, Accor Hotels, Peroni, Sanpellegrino.

“We are delighted to partner with Typhoon Hospitality and look forward to innovating bespoke marketing and PR solutions in a booming hospitality industry in New Zealand. In 2016 alone, sales sat at almost $9 billion per annum. This is a serious industry with major social and economic implications and it’s not going anywhere. It is only logical that we expand our rapidly growing business to include marketing and PR solutions, which consider and satisfy this growing sector’s needs,” says Lily & Louis’ Managing Partner Jacqui Ansin.

“In five years, Typhoon has developed an unprecedented speciality in hospitality marketing, PR and communication. We’re honoured to serve a new market with our partners Lilly & Louis to add value to the industry in New Zealand and beyond,” adds Betsalel.

END.

About Typhoon Hospitality

With its 360° way of working, Typhoon Hospitality is a unique hospitality marketing & PR agency. Restaurant, hotel, spirits and everything in between; if it’s hospitality related, it’s our business! The young, strong, and creative team turns their (crazy) ideas into concrete projects and develops tailor-made approaches with a mix of PR, online marketing, social media, events and design. Typhoon Hospitality is founded on the belief that – marketing wise – hospitality can do – and deserves – better. Typhoon Hospitality puts this belief into practice for Nespresso, Kimpton, Belvedere Vodka, Deliveroo en NH Collection Grand Hotel Krasnapolsky, among many more; creating strong and durable brands.

About Lilly & Louis

Lily and Louis is a fast growing boutique lifestyle PR agency specialising in curated content for businesses, media, consumers, social channels and stakeholders. With an impressive portfolio of some of New Zealand’s most beloved brands and leading category coverage, they are not afraid to push the boundary to cut through the noise and fit brands into people’s lives. Working at a strategic, creative and tactical level, they produce engaging campaigns which connect New Zealanders through shared values and interests while embedding brands within consumer consciousness.

© Scoop Media

Apple turns (RED) with more ways than ever to join the fight against AIDS

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Starting tomorrow through December 6, Apple is donating $1 to (RED)’s mission for every purchase made with Apple Pay at any Apple store, on Apple.com or through the Apple Store app, up to $1 million. Bank of America will also make a donation for every Apple Pay transaction using its cards, also up to $1 million.

Customers around the world can also easily donate directly to (RED) through iTunes. In the US, iTunes Movies is offering a free download of The Lazarus Effect, the documentary about the mission of (RED).

The Killers’ holiday album, Don’t Waste Your Wishes, is exclusively available on iTunes featuring all 10 of their holiday singles, as well as a new track “I’ll Be Home for Christmas,” with 100 percent of the proceeds in the US going to the Global Fund.

Over the past 10 years, 70 million lives have been impacted by (RED)-supported Global Fund grants. At the start of Apple’s partnership with (RED), 1,200 babies were born with HIV every day, and today, UNAIDS predicts that number could be near zero by the year 2020, with the end of AIDS by 2030.

With the life-saving medication costing as little as 30 cents a day, every person can make a difference. Through these efforts we’ll get that much closer to helping (RED) create an AIDS-free generation.

Apple turns (RED) with more ways than ever to join the fight against AIDS

Submit the press release

Starting tomorrow through December 6, Apple is donating $1 to (RED)’s mission for every purchase made with Apple Pay at any Apple store, on Apple.com or through the Apple Store app, up to $1 million. Bank of America will also make a donation for every Apple Pay transaction using its cards, also up to $1 million.

Customers around the world can also easily donate directly to (RED) through iTunes. In the US, iTunes Movies is offering a free download of The Lazarus Effect, the documentary about the mission of (RED).

The Killers’ holiday album, Don’t Waste Your Wishes, is exclusively available on iTunes featuring all 10 of their holiday singles, as well as a new track “I’ll Be Home for Christmas,” with 100 percent of the proceeds in the US going to the Global Fund.

Over the past 10 years, 70 million lives have been impacted by (RED)-supported Global Fund grants. At the start of Apple’s partnership with (RED), 1,200 babies were born with HIV every day, and today, UNAIDS predicts that number could be near zero by the year 2020, with the end of AIDS by 2030.

With the life-saving medication costing as little as 30 cents a day, every person can make a difference. Through these efforts we’ll get that much closer to helping (RED) create an AIDS-free generation.

Apple turns (RED) with more ways than ever to join the fight against AIDS

Submit the press release

Starting tomorrow through December 6, Apple is donating $1 to (RED)’s mission for every purchase made with Apple Pay at any Apple store, on Apple.com or through the Apple Store app, up to $1 million. Bank of America will also make a donation for every Apple Pay transaction using its cards, also up to $1 million.

Customers around the world can also easily donate directly to (RED) through iTunes. In the US, iTunes Movies is offering a free download of The Lazarus Effect, the documentary about the mission of (RED).

The Killers’ holiday album, Don’t Waste Your Wishes, is exclusively available on iTunes featuring all 10 of their holiday singles, as well as a new track “I’ll Be Home for Christmas,” with 100 percent of the proceeds in the US going to the Global Fund.

Over the past 10 years, 70 million lives have been impacted by (RED)-supported Global Fund grants. At the start of Apple’s partnership with (RED), 1,200 babies were born with HIV every day, and today, UNAIDS predicts that number could be near zero by the year 2020, with the end of AIDS by 2030.

With the life-saving medication costing as little as 30 cents a day, every person can make a difference. Through these efforts we’ll get that much closer to helping (RED) create an AIDS-free generation.

ICTV Brands, Inc. Reports Fourth Quarter 2016 Financial Results

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/EINPresswire.com/ — WAYNE, PA–(Marketwired – Mar 28, 2017) – ICTV Brands, Inc. (OTCQX: ICTV), (CSE: ITV), a digitally focused direct response marketing and international branding company focused on the health, wellness and beauty sector, today reported financial results for the three months and year ended December 31, 2016.

Fourth Quarter 2016 Highlights:

  • Positive cash flows from operations of approximately $283K, increasing cash from year end to approximately $1.4M.
  • Positive Adjusted EBITDA of approximately $190,000, excluding non-cash stock-based compensation.
  • Expanded our digital marketing platform to include listings on www.target.com and www.cvs.com in Q4.
  • In January 2017, we completed the transformative acquisition of PhotoMedex, Inc. and Ermis Labs, Inc.
  • Brick and Mortar retail sales of approximately $180,000.

Management Commentary:
Richard Ransom, President, stated, „I speak on behalf of all ICTV employees when I say that I am incredibly proud of the hard work we have accomplished during the year, and during the fourth quarter in particular. The close of a fiscal year is a time to reflect upon the progress that has been made on the execution of the Company’s strategic plan, while at the same time resetting goals and targets for the year ahead. As I reflect back to the end of 2015, I see a very different ICTV than the Company that exists today. Major accomplishments during the year include: 1) Re-positioning ICTV as a multi-channel digital media and e-commerce platform. 2) Expansion of sales distribution channels across geography, online partnerships as well as traditional brick & mortar. Over the course of 2016, ICTV was able to establish vendor accounts with several major US and Canada retailers in addition to Bed Bath & Beyond including Walmart, Kohl’s, Target, and Costco Canada, just to name a few. 3) Taking 100% ownership of DermaWand, which will have a positive immediate and longer-term impact on gross margins, overall profitability, and control of the global brand. 4) The transformative acquisitions that closed in January 2017, which give ICTV a much larger revenue scale, expanded geographic footprint and strategic relationships, all of which will contribute to significant shareholder value over time.”

„As we look ahead to 2017, I have never been more excited about the opportunity that lies in front of our global team. We have already made substantial progress integrating the acquisitions, and will continue this progress during the current quarter. Taking into account the impact of our recent acquisitions, we expect our revenue in 2017 to more than double from the $16.8 million we reported in 2016. I would also like to thank our exceptional team for the effort they have put forth over the last several months to make these acquisitions and the integration process go as smoothly as it has thus far.”

Reported Financial Results:
Fourth Quarter 2016 Compared to Fourth Quarter 2015:
Revenues for the three months ended December 31, 2016 were approximately $4.3 million, compared to approximately $4.4 million for the three months ended December 31, 2015. Gross profit margin was 70% in the fourth quarter 2016 compared to 67% in the prior year quarter. The increase in gross margin percentage is mainly attributable ICTV’s 100% ownership of the DermaWand brand, which eliminates the payment of royalties going forward, and results in higher gross margin to the company. Total operating expenses decreased to approximately $3.1 million from approximately $3.5 million during the fourth quarter of 2016. When comparing the fourth quarter of 2016 to 2015, which is a reflection of a mix shift away from TV based media advertising, towards an omni-channel digital media and e-commerce platform. 

Net loss for the fourth quarter was approximately ($45,000), compared to a net loss of approximately ($582,000) in the prior year quarter. The resulting EPS is ($0.00), as compared to ($0.02) in the comparable quarter a year earlier. Adjusted earnings before interest, taxes, depreciation, and amortization (Adjusted EBITDA) was approximately $190,000 as compared to loss of approximately ($454,000). 

Year Ended December 31, 2016 Compared to the Year Ended December 31, 2015:
Revenues for the year ended December 31, 2016 were approximately $16.8 million, compared to approximately $24.1 million for the year ended December 31, 2015. The primary driver of the decline in sales was generated by the aforementioned decrease in media related expenditures and a decline in international third party distributor revenue. During the year ended December 31, 2016, international third party distributor sales revenue for the DermaWand decreased from approximately $5.3 million to approximately $4.3 million. Our international third party distributor revenue is impacted by timing of shipments at period end, currency fluctuations as well as seasonality. Our international third party distributor revenue is impacted by timing of shipments at period end, currency fluctuations and the appreciation of the U.S. dollar, as well as scheduling considerations with our distributors’ end customers. The decrease is primarily due to a decline in sales from our third party distributor customer located in France, Novellia, which were approximately $876,000 for the year ended December 31, 2016 compared to approximately $1.5 million for the year ended December 31, 2015. In addition, sales from the Latino Media Services (LMS) group comprised of distributors from Chile, Argentina, Peru, Colombia, El Salvador, and Ecuador decreased to approximately $1.2 million in 2016 compared to approximately $1.3 million in the prior year. Offsetting the decrease in sales from Novellia and the LMS, was an increase of sales from Inova to approximately $1.2 million in 2016 from approximately $1.0 million in the prior year.

Total general and administrative expenses decreased to approximately $4.3 million from approximately $5.4 million in the prior year, as a result of various improvements in expense management. Examples include bad debt expense being lower by approximately $451,000, share based compensation being lower by approximately $195,000, consulting expenses being lower by approximately $87,000, and travel expenditure being lower by approximately $149,000. 

Total selling and marketing expenses decreased to approximately $8.5 million from approximately $12.4 million in the prior year. Significant decreases include media expenditure decrease of approximately $2.9 million, customer service decreases of approximately $511,000, answering service decreases of approximately $397,000, and merchant fee decreases of approximately $196,000. Partially offsetting the decrease was an increase in digital marketing expenses to approximately $1.3 million from approximately $906,000 in the prior year. 

Net loss for the year ended December 31, 2016 was approximately ($1.0 million), compared to a net loss of approximately ($1.4 million) in the year ended December 31, 2015. The resulting EPS loss is ($0.04), as compared to an EPS loss ($0.06) in the year ended December 31, 2015. Adjusted EBITDA loss was approximately ($268,000) as compared to approximately ($768,000) for year ended December 31, 2015. 

Balance Sheet as of December 31, 2016
As of December 31, 2016, the Company had approximately $1.4 million in cash and cash equivalents and approximately $1.3 million in working capital compared to approximately $1.3 million and approximately $2.3 million in the prior year. Additionally, the Company believes that our current cash will be sufficient to meet the anticipated cash needs for working capital for at least the next twelve months. Additional working capital was added to our balance sheet subsequent to December 31, 2016, as part of the recently closed acquisitions and related financing, the details of which have been previously disclosed and are available in our public SEC filings.

Conference Call
ICTV will hold a conference call to discuss the Company’s fourth quarter 2016 results and answer questions today, March 28, 2017, beginning at 4:30pm EDT. The call will be open to the public and will have a corporate update presented by ICTV’s Chairman and Chief Executive Officer, Kelvin Claney, President, Richard Ransom and Chief Financial Officer, Ernest P. Kollias, Jr, followed by a question and answer period. The live conference call can be accessed by dialing (877) 876-9177 or (785) 424-1666. Participants are recommended to dial-in approximately 10 minutes prior to the start of the event. A replay of the call will be available approximately two hours after completion through April 11, 2017. To listen to the replay, dial (800) 695-0715 (domestic) or (402) 220-1423 (international). The conference call transcript will be posted to the Company’s corporate website (http://www.ictvbrands.com) for those who are unable to attend the live call.

ICTV Brands, Inc.
ICTV Brands, Inc. sells primarily health, beauty and wellness products as well as various consumer products through a multi-channel distribution strategy. ICTV utilizes a distinctive marketing strategy and multi-channel distribution model to develop, market and sell products through, including direct response television, or DRTV, digital marketing campaigns, live home shopping, traditional retail and e-commerce market places, and our international third party distributor network. Its products are sold in the North America and are available in over 65 countries. Its products include DermaWand, a skin care device that reduces the appearance of fine lines and wrinkles, and helps improve skin tone and texture, DermaVital, a professional quality skin care line that effects superior hydration, the CoralActives brand of acne treatment and skin cleansing products, and Derma Brilliance, a sonic exfoliation skin care system which helps reduce visible signs of aging, Jidue, a facial massager device which helps alleviate stress, and Good Planet Super Solution, a multi-use cleaning agent. On January 23, 2017, we acquired several new brands, through the PhotoMedex and Ermis Labs acquisitions and have begun (or, will shortly begin) marketing and selling the following new products; no!no!® Hair, a home use hair removal device; no!no!® Skin, a home use device that uses light and heat to calm inflammation and kill bacteria in pores to treat acne; no!no!® Face Trainer, a home use mask that supports a series of facial exercises; no!no!® Glow, a home use device that uses light and heat energy to treat skin; Made Ya Look, a heated eyelash curler; no!no!® Smooth Skin Care, an array of skin care products developed to work with the devices to improve the treated skin; Kyrobak®, a home use device for the treatment of non-specific lower back pain; ClearTouch®, a home use device for the safe and efficient treatment of nail fungus; and Ermis Labs acne treatment cleansing bars. ICTV Brands, Inc. was founded in 1998 and is headquartered in Wayne, Pennsylvania. For more information on our current initiatives, please visit www.ictvbrands.com

Non-GAAP Financial Information
Adjusted EBITDA is defined as income from continuing operations before depreciation, amortization, interest expense, interest income, and stock-based compensation. Adjusted EBITDA is not intended to replace operating income, net income, cash flow or other measures of financial performance reported in accordance with generally accepted accounting principles. Rather, Adjusted EBITDA is an important measure used by management to assess the operating performance of the Company. Adjusted EBITDA as defined here may not be comparable to similarly titled measures reported by other companies due to differences in accounting policies. 

The following tables present a reconciliation of the non-GAAP financial measure of Adjusted EBITDA to the GAAP financial measures of net income and net cash provided by operating activities, respectively.

Adjusted EBITDA Reconciliation

  (Unaudited)     (Unaudited)  
  For the three
months ended
    For the years
ended
 
  December 31,
2016
    December 31,
2015
    December 31,
2016
    December 31,
2015
 
                               
  Net loss, as reported $ (44,897 )   $ (582,070 )   $ (996,344 )   $ (1,387,571 )
    Interest expense (income), net   3,076       (327 )     13,587       (657 )
    Depreciation and amortization   74,708       2,076       298,558       8,306  
    Share based compensation expense   157,204       125,978       416,532       611,557  
  Adjusted EBITDA $ 190,091     $ (454,343 )   $ (267,667 )   $ (768,365 )
                               

Forward-Looking Statements

Forward-Looking Statements. This press release contains „forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the „Exchange Act”) (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words „believe,” „anticipate,” „estimate,” „expect,” „intend,” „plan,” „project,” „prospects,” „outlook,” and similar words or expressions, or future or conditional verbs such as „will,” „should,” „would,” „may,” and „could” are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company’s forward-looking statements, please see the Company’s Annual Report on Form 10-K for the year ended December 31, 2016, including but not limited to the discussion under „Risk Factors” therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.

— Financial Statement Schedules follow —

   
ICTV BRANDS INC. AND SUBSIDIARIES  
   
CONSOLIDATED BALANCE SHEETS  
AS OF DECEMBER 31, 2016 and 2015  
   
  2016     2015  
           
ASSETS              
CURRENT ASSETS:              
  Cash and cash equivalents $ 1,390,641     $ 1,334,302  
  Accounts receivable, net of $123,109 and $118,653, respectively   506,337       301,726  
  Inventories, net   1,499,270       2,205,726  
  Prepaid expenses and other current assets   254,303       417,057  
    Total current assets   3,650,551       4,258,811  
               
  Furniture and equipment   74,098       72,008  
  Less accumulated depreciation   (58,099 )     (50,492 )
    Furniture and equipment, net   15,999       21,516  
               
    Other Asset   872,864        
               
    Total assets $ 4,539,414     $ 4,280,327  
               
LIABILITIES AND SHAREHOLDERS’ EQUITY              
CURRENT LIABILITIES:              
  Accounts payable and accrued liabilities $ 1,644,899     $ 1,516,250  
  Severance payable – short-term         45,995  
  Deferred revenue – short-term   377,445       444,066  
  Other liabilities – current   288,525        
  Total current liabilities   2,310,869       2,006,311  
               
  Deferred revenue – long-term   274,374       405,746  
  Other liabilities – long-term   665,713        
  Total long-term liabilities   940,087       405,746  
               
COMMITMENTS AND CONTINGENCIES              
               
SHAREHOLDERS’ EQUITY:              
  Preferred stock 20,000,000 shares authorized, no shares issued and outstanding          
  Common stock, $0.001 par value, 100,000,000 shares authorized, 28,343,007 and 28,027,012 shares issued and outstanding as of December 31, 2016 and 2015, respectively   18,132       17,816  
  Additional paid-in-capital   11,546,804       11,130,588  
  Accumulated deficit   (10,276,487 )     (9,280,134 )
  Total shareholders’ equity   1,288,458       1,868,270  
               
Total liabilities and shareholders’ equity $ 4,539,414     $ 4,280,327  

See accompanying notes to the consolidated financial statements as filed on www.sec.gov.

   
   
ICTV BRANDS INC. AND SUBSIDIARIES  
   
CONSOLIDATED STATEMENTS OF OPERATIONS  
   
  (Unaudited)        
  For the three
months ended
    For the years
ended
 
  December 31,
2016
    December 31,
2015
    December 31,
2016
    December 31,
2015
 
                               
NET SALES $ 4,317,470     $ 4,356,357     $ 16,788,736     $ 24,096,169  
                               
COST OF SALES   1,299,919       1,451,389       4,998,682       7,675,264  
                               
GROSS PROFIT   3,017,551       2,904,968       11,790,054       16,420,905  
                               
OPERATING EXPENSES:                              
General and administrative   1,181,688       1,132,220       4,258,177       5,380,819  
Selling and marketing   1,877,684       2,355,145       8,514,634       12,428,314  
Total operating expenses   3,059,372       3,487,365       12,772,811       17,809,133  
                               
OPERATING LOSS   (41,821 )     (582,397 )     (982,757 )     (1,388,228 )
                               
INTEREST (EXPENSE) INCOME, NET   (3,076 )     327       13,587       657  
                               
LOSS BEFORE PROVISION FOR INCOME TAX   (44,897 )     (582,070 )     (996,344 )     (1,387,521 )
                               
PROVISION (BENEFIT) FOR INCOME TAX                      
                               
NET LOSS $ (44,897 )   $ (582,070 )   $ (996,344 )   $ (1,387,571 )
                               
NET LOSS PER SHARE                              
BASIC $ (0.00 )   $ (0.02 )   $ (0.04 )   $ (0.06 )
DILUTED $ (0.00 )   $ (0.02 )   $ (0.04 )   $ (0.06 )
                               
WEIGHTED AVERAGE NUMBER OF COMMON SHARES                              
BASIC   28,301,389       26,964,741       28,213,675       24,979,067  
DILUTED   28,301,389       26,964,741       28,213,675       24,979,067  
                               

See accompanying notes to the consolidated financial statements as filed on www.sec.gov.

   
   
ICTV BRANDS INC. AND SUBSIDIARIES  
   
CONSOLIDATED STATEMENTS OF CASH FLOWS  
FOR THE YEARS ENDED DECEMBER 31, 2016 and 2015  
   
  2016     2015  
               
CASH FLOWS FROM OPERATING ACTIVITIES:              
  Net loss $ (996,344 )   $ (1,387,571 )
  Adjustments to reconcile net loss to net cash and cash equivalents provided by (used in) operating activities:              
    Depreciation   7,607       8,306  
    Bad debt expense   920,929       1,371,797  
    Share based compensation   416,532       611,557  
    Non cash interest expense   15,423        
    Amortization of other asset   290,951        
  Change in assets and liabilities:              
    Accounts receivable   (1,125,540 )     (725,509 )
    Inventories   706,456       (227,725 )
    Prepaid expenses and other current assets   162,754       193,460  
    Accounts payable and accrued liabilities   128,649       (1,066,686 )
    Severance payable   (45,995 )     (1,005 )
    Deferred revenue   (197,993 )     (291,445 )
      Net cash provided by (used in) operating activities   283,429       (1,514,821 )
               
CASH FLOWS FROM INVESTING ACTIVITIES:              
  Purchase of furniture and equipment   (2,090 )      
      Net cash used in investing activities   (2,090 )      
               
CASH FLOWS FROM FINANCING ACTIVITIES:              
  Payments on purchase agreement   (225,000 )      
  Proceeds from exercise of options         91,640  
  Proceeds from exercise of warrants         112,500  
  Proceeds from issuance of common stock         1,000,000  
  Release collateral on line of credit         500,000  
      Net cash (used in) provided by financing activities   (225,000 )     1,704,140  
               
NET INCREASE IN CASH AND CASH EQUIVALENTS   56,339       189,319  
CASH AND CASH EQUIVALENTS, beginning of the year   1,334,302       1,144,983  
               
CASH AND CASH EQUIVALENTS, end of the year $ 1,390,641     $ 1,334,302  
               
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:              
  Taxes paid $     $ 50  
  Interest paid          
               
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:              
  Cashless Exercise $ 48,378     $ 20,910  
  DermaWand Asset Purchase Agreement $ 1,200,000     $  
               

See accompanying notes to the consolidated financial statements as filed on www.sec.gov.