Bioflamex Corp. Increases Distribution Partnerships in the U.S.
July 10 2013 - 8:30AM
Marketwired
Bioflamex Corp. (PINKSHEETS: BFLX). The Management of BFLX is
pleased to announce the signing of a MOU covering a distribution
partnership for Texas and subsequently also California.
To further strengthen the focused efforts towards the Industrial
and Professional industry segments, Bioflamex Corp. has a MOU with
a privately owned company with strong links to the Oil and Gas
industry, as well as private consumer distribution.
Initially, the main emphasis will be placed on sales and
distribution in the state of Texas, utilizing the deep
relationships that the new partner has developed in the Oil &
Gas industry.
The main focus of activities will be on a product package
proposition, well suited to meet the fire fighting needs of such
enterprises. The package contains the combination of the IFEX
impulse gun technology and the effective Bioflamex-Hartindo
biological foam concentrates, and complementary smoke and fire
protection masks.
The partners have agreed to pursue more ventures covering
additional states and sectors, as well as possible additional long
term operational funding, and the execution of those items will be
carried out during Q3-Q4. Due to the ongoing work on possible
financing groups, the partner has asked for discretion until a
commitment from a financing group has been obtained.
Mr. Kristian Schiorring, CEO of Bioflamex Corp., stated, "It is
a privilege to be able to work with this new partner and their
unique network, and we are certain that the collective efforts will
have a great impact on our business. We are planning the first
projects and expect that to be noticeable in the Q4 financials of
the company."
BFLX officers own over 8BN restricted shares which do not
qualify to be sold until March 2014.
About Bioflamex Corp.: Bioflamex
Corporation is a company focused on the development, production and
marketing of "clean tech" and advanced high performance fire
protection products and systems.
With its global scope, Bioflamex Corp. aims at penetrating the
private market segments with its proprietary Bioflamex aerosols and
the Industrial and Professional sectors with the combination of the
IFEX Impulse Gun system and the clean and safe Bioflamex-Hartindo
biological concentrated foam extinguishing solutions. The mission
is to reduce environmental impact of fire fighting while saving
lives, forests and property from fires.
In a $100 billion fire safety and electronic security market,
Bioflamex Corp. aims to become a leading "clean tech" niche
player.
FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the
Private Securities Litigation Reform Act of 1995: Statements
relating to the company's business activities and other statements
in this press release are forward-looking statements within the
meaning of the Securities Litigation Reform Act of 1995. Such
statements are based on current expectations about the Company's
business. Words such as expects, anticipates, intends, plans,
believes, estimates and similar words and expressions are intended
to identify such forward-looking statements. These statements
involve risks that are difficult to evaluate. Actual results can
vary from descriptions herein due to many factors including changes
in metal prices and business conditions; changes in laws and
regulations; problems encountered in exploration and obtaining
permits; changes in the competitive environment; technological
advances; shortages of skilled workers, drill rigs and equipment;
the need for additional capital and other risks listed in the
Company's Securities and Exchange Commission filings under "risk
factors" and elsewhere. Forward-looking statements speak only as of
the date they were made. The Company does not undertake any
obligation to update forward-looking statements.
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Bioflamex Corporation www.bioflamex.com Investor Relations
contact: info@bioflamex.com
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