Naples Soap Company Founder & CEO, Deanna Wallin, Receives Distinguished Entrepreneur Award from Florida SBDC at FGCU

Rhea-AI Summary

Naples Soap Company (OTCQB: NASO) announced that its Founder and CEO, Deanna Wallin, received the 2024 Distinguished Entrepreneur Award from the Florida Small Business Development Center at Florida Gulf Coast University. This award acknowledges Wallin's dedication to quality products and exceptional customer service, driving the company to become a prominent skincare brand. Wallin, who started the company in a small 300 sq ft store in Naples in 2009, expressed gratitude for the recognition as the company approaches its 15th anniversary. Naples Soap Company is eager to implement growth initiatives to expand its national and global presence.

Positive

• Deanna Wallin received the 2024 Distinguished Entrepreneur Award.
• The company is celebrating its 15th anniversary in November 2024.
• Naples Soap Company has grown from a 300 sq ft store to a nationwide brand.
• Multiple growth initiatives are planned for the year.
• The company aims to become a major national and global brand.

Negative

• No financial data or performance metrics were provided in the PR.
• The announcement lacks specific details about the growth initiatives.
• Potential shareholder concerns over lack of immediate business development news.

Top honor presented to Wallin for her commitment to providing the high-quality products and exceptional customer service that has propelled Naples Soap Company to become a renowned skin care brand

NAPLES, Fla.--(BUSINESS WIRE)-- Naples Soap Company, Inc. (OTCQB: NASO), (“the Company”), a pioneering health and wellness brand that offers high-quality skin and hair care products throughout the United States, today announced that the Florida Small Business Development Center (SBDC) at Florida Gulf Coast University (FGCU) has awarded Deanna Wallin the 2024 Distinguished Entrepreneur Award. The prestigious SBDC Awards Ceremony recognizes exceptional Southwest Florida businesses and their entrepreneurial leaders. This award marks Wallin’s eighth accolade recognizing her leadership, business acumen and entrepreneurial talent from numerous organizations.

Naples Soap Company Founder & CEO, Deanna Wallin, Receives Distinguished Entrepreneur Award from Florida SBDC at FGCU (Photo: Business Wire)

“I’m honored to be recognized with this award. This November, Naples Soap Company will celebrate our 15^th year in business. We’ve grown so much since 2009. I started the company with a small 300 square foot store in Tin City in Naples, and today we sell our products across the United States. It’s humbling and rewarding to be recognized for this incredible journey,” stated Naples Soap Company Founder and CEO, Deanna Wallin.

“As we roll out multiple growth initiatives this year, we believe Naples Soap Company will become a major national and global brand, and we are proud that we were founded right here in Naples, Florida,” Wallin concluded.

For more information about Naples Soap Company’s products visit www.naplessoap.com.

Investors are welcome to visit www.ir.naplessoap.com.

About Naples Soap Company, Inc.

Founded in 2009 by Deanna Wallin, Naples Soap Company is a supplier of more than 600 bath, body and personal care products. Products are sold at the Company’s 13 retail locations in Florida and online at www.naplessoap.com, through other DTC (direct-to-consumer) channels such as Amazon.com and in more than 300 boutiques, spas and stores throughout the United States via the Company’s wholesale division. For more information about Naples Soap Company, visit ir.naplessoap.com.

Forward-Looking Statements

This release includes certain statements that are "forward-looking statements.” All statements in this release, other than statements of historical fact, that address events or developments that are expected to occur, are forward-looking statements. Forward-looking statements are generally, but not always, identified by the words like “aim,” “believe,” “expect,” “intend,” “plan,” “will” and variations of the same. Although we believe the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include our need to obtain additional capital or financing to support our business plans, which may not be available on acceptable terms or at all, market prices, competition, risks inherent in the development and launch of potential products and in new market segments, risks relating to the establishment and maintenance of relationships with athletes, celebrities and influencers, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Naples Soap Company’s management on the date the statements are made. Except as required by applicable securities laws, Naples Soap Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240514358847/en/

Deanna Wallin, CEO & Founder, Naples Soap Company, (239) 325-8263,

investorrelations@naplessoap.com

Source: Naples Soap Company

FAQ

What award did Deanna Wallin receive?

Deanna Wallin received the 2024 Distinguished Entrepreneur Award from the Florida SBDC at FGCU.

What is the stock symbol for Naples Soap Company?

The stock symbol for Naples Soap Company is OTCQB: NASO.

How long has Naples Soap Company been in business?

Naples Soap Company will celebrate its 15th anniversary in November 2024.

What are the growth plans for Naples Soap Company?

Naples Soap Company plans to implement multiple growth initiatives to expand its national and global presence.

Where can I find more information about Naples Soap Company’s products?

More information about Naples Soap Company’s products can be found at www.naplessoap.com.