Bioflamex Corp. Takes First Step in U.S. Market With Distribution Partnership
July 15 2013 - 8:30AM
Marketwired
Bioflamex Corp (PINKSHEETS: BFLX). The Management of BFLX are
pleased to introduce a new distribution partnership covering parts
of the United States.
Bioflamex Corp. and the private company Progress Alternative
Group, LLC (PAG) have entered a distribution collaboration
agreement, wherein PAG will assume exclusive responsibility of
sales and distribution in the geographical area comprised of
Louisiana, Wyoming, North and South Dakota, Utah and Kansas. In
addition to these markets, PAG will also work on key clients in
Texas and Oklahoma. In return, PAG have committed to perform sales
of a minimum US$1,000,000 per annum.
The main focus of activities will be on the Industrial segments,
with an initial targeted drive towards the Oil & Gas producing
businesses in the areas covered by PAG activities. The partners
have developed 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.
Mr. Kristian Schiorring, CEO of Bioflamex Corp., noted in a
comment, "Following a demanding period for the company, it is
immensely pleasing to have this first cooperation agreement in the
U.S. in place. We have high expectations for the results this
partnership will generate for the company, both short term and long
term."
Karl Schilling, General Partner of Progress Alternatives Group,
LP, stated, "We are very pleased and excited about this strategic
alliance opportunity to help establish and grow the US market for
the unique and innovative Bioflamex product line. These products
can make a dramatic difference for Oil Field producers in both
their safety programs as well as environmental and productivity
improvements within their fire control platforms."
The company and PAG will plan the upcoming activities during
August-September.
BFLX officers own 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 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.
www.bioflamex.com
Add to Digg Bookmark with del.icio.us Add to Newsvine
Investor Relations contact: info@bioflamex.com
Cann American (CE) (USOTC:CNNA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Cann American (CE) (USOTC:CNNA)
Historical Stock Chart
From Apr 2023 to Apr 2024