Mohan Corporation Celebrates Over 40 Years of Service
BURKE, Va., Dec. 5, 2011 -- Mohan Corporation, a wholly owned subsidiary of HPC POS Systems Corporation, (OTC: HPCS), is a global manufacturer and distributor of high quality incense and oils. The company developed over 70 fragrances of incense made from masala and charcoal, compared to other popular incense made from sawdust and pig stool.
Mohan Corporation founder, Melvin W. Coles, has come a long way in the fragrance industry. What started as a street vending business in Washington, D.C. in 1970, blossomed into a manufacturing and wholesale operation that put the company's product in thousands of retail outlets.Clients include over 30 warehouse distributors who service over 100,000 wholesalers, retail stores, and gas stations, including Shell, BP Amoco, Chevron, and Sunoco, as well as, 7-Eleven stores, street vendors, wagon jobbers, chain grocery stores, dollar stores, and other retailers. After researching India's oil and incense manufacturers, Coles partnered with a leading biochemist and manufacturer in India to develop over 100 fragrances of incense and oils, including the first designer (type) fragrances to sell in the U.S. and global market.
Melvin W. Coles, CEO states, "We are pleased to offer ownership in our company to the public. Several of my wholesalers and distributors inquired about ownership in the company, and this is an excellent way to make that offer. The company is expanding into corporate retail operations and thus, better positioned to expand and serve our corporate retail clients as a public company. We partnered with PMB Donovan, a professional CPA and audit company that will continue to provide financial audits for the company; obtained legal counsel from some of the top SEC attorneys, and employed the services of the best marketing and financial consultants in America. We look forward to the growth of the company and to a bright future building on our over 40-year business history."
About Mohan Corporation. www.mohanincense.com
Mohan Corporation is an international manufacturer and distributor of fragranced oils and incense. The company dates its origin to 1970 and has over 100,000 wholesale and retail outlets throughout the United States. The company has registered trademarks on over 70 fragrances and packaged designs. Mohan incense is a leader in the industry, creating top quality oils and incense made from charcoal that burns without harsh or harmful residues.
"Safe Harbor Statement" under the Private Securities Litigation Reform Act of 1995. This press release contains forward-looking statements that involve risks and uncertainties. The statements in this Release are forward-looking statements that are made pursuant to safe harbor provision of the Private Securities Litigation Reform Act of 1995. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, product demand and market competition. You should independently investigate and fully understand all risks before making investment decisions.
CONTACT FOR THIS PRESS RELEASE:
MELVIN W. COLES
MARKETING / PUBLIC RELATIONS