Eco-Tek Worldwide Announces Co-operation Agreement with the Enterprise Europe Network
June 18 2014 - 9:00AM
Marketwired
Eco-Tek Worldwide Announces Co-operation Agreement with the
Enterprise Europe Network
TORONTO, ONTARIO--(Marketwired - Jun 18, 2014) - Eco-Tek Group
Inc. (OTCBB:ETEK) is pleased to the signing of a Co-operation
Agreement with Enterprise Europe Network. The Agreement,
spearheaded by the Technology Transfer Centre at the University of
Zielona Gora, will promote Eco-Tek and its products to nearly 600
institutions in the EU marketplace. It is important to note that
the program is financed from EU funds. Included in the Agreement is
assistance from the University in obtaining EU research grants for
the enhancement of the Company's products and product compliance
within the EU.
"This Agreement opens many doors for Eco-Tek in Europe" said
Stephen Tunks, Eco-Tek CEO, "Mr. Jasinski, (Eco-Tek Vice President
for European Operations) has achieved a major breakthrough with
this program both in direct market presence and in placing Eco-Tek
on the inside track with institutions across the entire EU
marketplace." Eco-Tek EU will provide a significant increase in our
business prospects for this year, allowing the Company to reach the
upper end of our revenue targets for 2014.
In other news, we have received word from our Auditors with regards
to our 2013 10K filing. "We are scheduled to complete in the week
beginning June 30." stated Mr. John Malone of Malone Bailey. The
Company is providing every assistance that we can to the
Auditors.
About Eco-Tek Group Inc.:
Eco-Tek Group Inc., based in Toronto, Ontario was founded in 2009.
Dedicated to the development and marketing innovative and cost
effective "green" lubrication products for the transportation,
industrial and marine industries and development by their
experienced chemists and engineers with extensive knowledge in the
science of lubrication and related studies. Eco-Tek Group Inc. is
dedicated to formulating cutting edge products that make a
significant contribution to the reduction of fossil fuel
consumption while enhancing quality and performance.
Eco-Tek Group Inc. has marketed the company's products in Ontario
for the past number of years and has established a solid base of
highly satisfied customers. Recently Eco-Tek has established
distributors in South America, and Europe and is now expanding its
operations across North America, in Europe and around the
world.
Submitted on behalf of its board
Safe Harbor:
This press release may contain forward-looking statements with
respect to business conducted by Eco-Tek Group Inc. By their
nature, forward-looking statements and forecasts involve risks and
uncertainties because they relate to events and depend on
circumstances that will occur in the future. Such forward-looking
statements include those that express plan, anticipation, intent,
contingency, goals, targets, or future developments and/or
otherwise are not statements of historical fact. The words
"potentially", "anticipate", "could", "calls for", and similar
expressions also identify forward-looking statements. The Company
does not undertake to update any forward-looking statements.
Factors that could affect actual results include, without
limitation, risks associated with: the Company's ability to
successfully obtain patents for its technology and the adequacy of
such patents; the introduction of competitive technology; the
Company's ability to develop, manufacture, license, or sell its
products or product candidates; the Company's ability to enter into
and successfully execute any license and collaborative agreements;
the adequacy of the Company's capital resources and cash flow
projections, the Company's ability to obtain sufficient financing
to maintain the Company's planned operations, or the risk of
bankruptcy; other risks that may be described under Certain Risks
and Uncertainties Related to the Company's Business, as contained
in the forthcoming Company's Annual Report on Form 10-K and
Quarterly Reports on Form 10-Q.F.
Eco-Tek Group Inc.Stephen TunksPresident1-888-970-3265
TOLL-FREEInfo@ecotekworldwide.comwww.ecotekworldwide.com
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