VIPR Industries Inc.: Zereko Receives Multiple Inquires and Requests for Quotes on Potential Contracts for its IVAC Industrial U
November 05 2008 - 5:06PM
Marketwired
VIPR Industries Inc. ("VIPR") (PINK SHEETS: VIPR) announces that
its target acquisition Zereko Inc. has received multiple pending
orders and requests for purchases of its IVAC Industrial Units.
Most notably there exists a potential order for a possible 8
units from a California based client and several more potential
orders from clients in the Middle East. Their does not exist a
shortage of potential clients due to the possible uses of the IVAC
unit, but more funding is required to possibly expand Zereko's
business exponentially. VIPR is presently in discussions with
potential investors for Zereko's expansion and to fulfill further
exploration of its own mining assets.
The IVAC Industrial Vacuum System which retails between $50,000
and $75,000 per unit can be utilized in several diverse
applications such as mining, drilling, water treatment plants,
slurries, oil spills; wood mills, pulp mills, marine applications
such as barges and ships, and several other uses as its
applications are continually evolving.
Zereko Inc. is an established company that has been in business
for nearly 25 years. Zereko and its affiliated company's have sold
several IVAC units to date to many notable companies such as
General Motors, Inco, Falconbridge and multiple others.
VIPR Industries previously announced an agreement to either
acquire or enter into a joint partnership with Zereko. Discussions
have been positive and constructive as both company's acknowledge
that each can potentially benefit from each others businesses and
future prospects.
More Information on Zereko can be obtained by visiting its
websites at:
http://www.industrialvacuumunit.com/,
http://www.zereko.com
About VIPR Industries Inc.
VIPR Industries Inc. is a precious metals exploration and
development company focused on Gold, Uranium, and other precious
metal resources and reserves through mergers, acquisitions and
resource development.
Cautionary "Safe Harbor" Statement Under the Private Securities
Litigation Reform Act of 1995. Some of the information included in
this press release and other documents by VIPR Industries Inc. (as
well as information included in statements made by its
representatives, about information about the business it is engaged
in or proposes to engage in or about acquisitions) may contain
forward looking statements. Forward looking statements do not
relate strictly to historical or current facts, often will be
phrased in the future tense and may include the words "may,"
"could," "should," "would," "believe," "expect," "anticipate,"
"estimate," "intend," "plan" or other words or expressions of
similar meaning. Forward looking statements that relate to VIPR
Industries Inc. ("VIPR") or its present or proposed business are
based on VIPR's current beliefs and expectations about future
events and include statements that reflect management's beliefs,
plans, objectives, goals, expectations, anticipations and
intentions with respect to VIPR's financial condition, results of
operations, future performance and business, including statements
relating to VIPR's business strategy and VIPR Industries current
and future development plans. Factors that could cause actual
results to differ materially from projections include, among
others, precious metals prices, decisions and activities of the
operator of the various properties, unanticipated grade,
geological, metallurgical, processing or other problems the
operator may encounter, changes in project parameters as plans
continue to be refined, economic and market conditions, as well as
other factors described elsewhere in this press release or any
other filings submitted by VIPR. In addition, acquired royalty
interests on certain projects are subject to risks associated with
conducting business in a foreign country, including application of
foreign laws to contract and other disputes, foreign environmental
laws and enforcement and uncertain political and economic
environments. Most of these factors are beyond the Company's
ability to predict or control. The Company disclaims any obligation
to update any forward-looking statement made herein. Readers are
cautioned not to put undue reliance on forward-looking
statements.
For more information please visit
(http://www.viprindustries.com/).
Contacts: VIPR Industries Inc. Investor Relations (416) 644-8648
Email: info@viprindustries.com Website: www.viprindustries.com