Tobacco One Buys A Popular Mexican Cigarette Brand

Source from:  nasdaq.com (RTTNews)  07/04/2008

Wednesday, Tobacco One Inc. (TBCO.PK) said it acquired a regionally popular cigarette brand from a Mexico City businessman for cash plus common stock. Following the transaction, the previous owner will stay on as a consultant to Tobacco One for a minimum two-year term. The brand, first introduced in Mexico City in 2006, is sold throughout Mexico City in premier retailers. Until recently, the brand remained a regional brand when Tobacco One's international marketing team finished a three-month feasibility study focusing on national expansion and consumer acceptance. For comments and feedback: contact editorial@rttnews.com Enditem