OurPet’s Company (OTCQX: OPCO) develops, produces and markets various pet accessory and consumable products sold globally through pet specialty retailers, food, drug and mass chains, e-commerce and international channels. The company’s products are marketed under a the OurPets®, Pet Zone® and PetTastic® brands with well-known sub-brands such as Play-N-Squeak™, Cosmic Catnip™, Durapet, SmartScoop and Flappy. The company earlier this month licensed its Patent No. US 8,973,529 B1 to a major stainless steel pet bowl manufacturer based in India. Under the non-exclusive agreement, the new licensee will pay a royalty to OurPet’s for each stainless steel bowl sold in the United States that has polymer materials applied to any portion of the bottom. The company has now licensed the ‘529 patent to three pet bowl manufacturer/marketers and is currently negotiating with several others.
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About OurPet’s Company
The OurPet’s Company designs, produces and markets a broad line of innovative, trend-setting pet products and accessories sold under the OurPets® and Pet Zone® brands domestically and internationally. OurPets® and Pet Zone® products are sold through leading pet specialty retailers, food, drug and mass merchandisers, direct-mail catalog and internet retailers. Since its founding in 1995, the OurPet’s Company has been building an extensive intellectual property portfolio with more than 170 patents in either issued or pending status all devoted to solving problems related to the human/pet bond. OurPet’s was named a Weatherhead Top 100 Fastest Growing Company in Northeast Ohio in 2013 and has been a Lake-Geauga County Fast Track 50 Hall of Fame local business success winner for the last eight consecutive years. In addition, the OurPet’s Company was named 2015 Business of the Year by the Painesville Area Chamber of Commerce. Investors and customers may visit www.ourpets.com and www.petzonebrand.com for more information about the Company, its products and brands.
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