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Posted by FinancialStability on :
 
American Fire Retardant Announces Expansion of Licensing Agreement for the GloveBox with PTS Products International Inc.
Tuesday December 30, 9:15 am ET


SAN DIEGO--(BUSINESS WIRE)--Dec. 30, 2003--American Fire Retardant Corp. (OTCBB:AFRR - News) announced today that the licensing agreement with PTS Products International Inc. (PTSPI, a wholly-owned corporation of PTS Inc.) to market and distribute the GloveBox(TM) has been expanded to include Singapore. As announced earlier, PTSPI had signed an exclusive licensing agreement with GloveBox Inc. to manufacture and sell the GloveBox(TM) in the Chinese market.
The GloveBox(TM) is a revolutionary, patented, automated latex glove dispenser targeting sterile (medical, laboratory), protective (dental, health, beauty, janitorial) and clean room (manufacturing) environments that solves a long-standing contamination problem caused by the normal retrieval and donning of gloves from a standard glove box. With its patented, free-standing dispenser (looking much like a small filing cabinet), users select from two glove sizes, slip their hands through sealed openings into air-filled gloves, then hit a foot switch to release the gloves onto their hands. A significant benefit of the GloveBox(TM) is its unique design feature that permits the dispensing of un-powdered gloves that are increasingly the cause of both contamination and communicable health problems.

Stephen F. Owens, president of American Fire Retardant Corp., said, "The licensing agreement with PTSPI is an agreement giving them exclusive distribution rights of the GloveBox(TM) in the Chinese and, now, the Singapore markets. GloveBox Inc. is the owner of all rights to the GloveBox(TM) and is in a joint venture with American Safety Products Inc. to design and develop this product. We feel that PTSPI has the knowledge and established relationships in the Chinese and Singapore markets to make this product very successful there. Of course, we will also be marketing and distributing the GloveBox(TM) here in the United States and expect it to do very well next year."

About American Fire Retardant Corp.

American Fire Retardant Corp. (OTCBB:AFRR -- www.americanfireretardant.com) is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant products. American Fire Retardant Corp. also designs new technology for future fire resistive applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations.

Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results.



 


Posted by old mullet on :
 
why those wild predictions and a repost of old news again. got any fresh dd?

seems to me this is your m.o. if i recall.

watch out or someone will sic purl gurl on you.
 


Posted by old mullet on :
 
just looked at the posts for f.s. and i gotta tell ya amigos "he's baaAAAAk".

purl if you get bored.................. how about a guitar and cello duo. maybe "another one bites the dust".

uncle milty
 


Posted by DiQuiRiesco on :
 
I am experiencing a long since felt phenomenon.... amazement. That's right I am amazed that anyone could, not only choose such a flawed company to pump, but then use news that didn't move it when it came out almost a month ago. At least the last AFRR pumper had fancy charts and stuff. This is just pathetic. Next time take some time to rehearse... make a few rough copies, add some sort of flair.

[This message has been edited by PSU90 (edited January 28, 2004).]
 


Posted by *Mag* on :
 
OMG! Is this guy for real LMAO
 


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