NASHVILLE, Tenn.--(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets: SFIO - News) (www.sfio.us or www.smokefree-innotec.com) announced today that it will sign a contract tomorrow in Houston, TX, with Osvaldo Glatt, President of LTI News Industries of Buenos Aires, for the marketing and distribution of Real Smokefree in Brazil, Argentina, Uruguay, Paraguay and Chile. Other clients of LTI News Industries include Danon Argentina, Brahama beers from Brazil and a Disney Venezuela joint venture with Motorola.
Thomas Schroepfer, C.E.O. of Smokefree Innotec, Inc., stated, “Osvaldo Glatt has expressed interest in the World’s first, totally smoke-free, electronic cigarette from the beginning. His firm has a reputation for establishing novel products in South America. Seeing the marketing ideas that Mr. Glatt developed for Grey Goose vodka and other clients, tells us that his brand building experience makes him the right man to establish a leading market position in the territory.”
Signing the contracts with LTI News Industries establishes the presence of Real Smokefree on four continents. Smokefree Innotec Inc. expects to have the product available in the main markets of South America during the 4th quarter of 2009.
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a Hi-Tec, smokeless tobacco innovation. Real Smokefree is a Patent-Pending, odorless, cigarette-style electronic device and is 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.sfio.us or 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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