NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets: SFIO - News) (www.smokefree-innotec.com) today announced that Trifactor Distribution and Marketing (TDM) will distribute on its behalf the world's first “totally smoke-free cigarette” in South Africa. Smokefree Innotec said it was entering into an agreement with TDM of Johannesburg, South Africa for the southern part of Africa with an option for distribution rights in Australia. Joanna Page, director of TDM, a division of Trifactor Agencies CC, said that TDM was willing and able to take up distribution as soon as Smokefree Innotec was ready to roll-out its product, adding, “It is our intention to establish Smokefree Africa as an independent company with equity shareholders.”
Smokefree Innotec CEO Thomas Schroepfer said, “I am ecstatic about the prospect of launching the Company’s smoke-free product in Q4 of this year on at least four different continents and in South Africa in 2010.”
Smokefree Innotec, Inc. has developed a high-tech cigarette which is completely smoke and tobacco-free and which is also free of the dangers and ill effects of regular cigarette smoking. The Company says the product will allow smoking in places that currently prohibit normal cigarette smoking. Smokefree Innotec has established offices and teams in Shanghai and China for R&D and manufacturing and in Antwerp, Belgium for International Marketing and Distribution, while its head office is in Nashville, Tennessee, USA.
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless tobacco innovation. Our Patent Pending, odorless cigarette-style electronic device utilizes a liquefied, vaporizable depot of a raw, unmanipulated extract of tobacco. Smokefree Innotec’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 smoke-free 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. Please visit our website www.smokefree-innotec.com for more information about the Company and our new product.
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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