NASHVILLE--(BUSINESS WIRE)--Smokefree Innotec Inc. (Pink Sheets:SFIO - News) today announced that it has received a letter of intent from CG Trade Solutions GmbH in Germany, as marketing and distribution partner for the introduction of the world’s first completely smokefree electronic cigarette in Austria, Germany and Switzerland. Smokefree Innotec Inc. C.E.O. Thomas Schroepfer comments: “CG Trade is a major player with respect to selling through big box outlets and major grocery chains like Metro, Kaufland and Aldi; gas stations like ARAL and Agip, as well as mail order companies.CG is also well positioned with specialty and convenience stores throughout the German speaking countries. Thus we see CG Trade as an ideal partner in this pivotal European market”. Smokefree Innotec expects to launch its Rauchless™ product overseas at the end of 2009.
About Smokefree Innotec, Inc.
Website: www.smokefree-innotec.com
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless, nicotine delivery cigarette-like electronic device which is completely smoke-free and tobacco-free. Smokefree’s products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a Smokefree cigarette anywhere, including places where smoking is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might” occur. Such statements reflect the current views of Smokefree Innotec, Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
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