SAN LUIS OBISPO, CA--(Marketwire - 08/16/10) - AMFIL Technologies, Inc. (Pinksheets:AMFE - News), integrator of ozone-based cleaning and antimicrobial systems for the food and beverage industry, is pleased to announce they are now in discussions with the government of Nantong, China to build a manufacturing plant and distribute their non-chemical based mPact ozone systems to the Asia-Pacific market.
Entrance into the Asia-Pacific market through the Nantong government creates an enormous growth opportunity for sales, marketing and distribution. As noted on CNN and many other nationally syndicated news channels, food and drug safety requirements have increased throughout China and the Asia-Pacific market. This tightening of food and safety requirements has helped spark continued interest in AMFIL's ozone based, non-chemical cleaning systems.
In September of 2009, AMFIL Technologies travelled to Nantong, China and presented their company and technology. The government of Nantong was very interested and discussed with AMFIL the opportunity of starting a manufacturing operation in their province.
In January of 2010 the government of Nantong, China had a second meeting with AMFIL at their office in California. Government officials then viewed their operations. It is then that they expressed willingness to offer an invitation to come back to Nantong, China and sign a Memorandum of Understanding in ceremonious fashion. Once final contracts are signed, the government would then provide AMFIL with incentives for building their manufacturing plant.
Ambrose Fillis, President and CEO of AMFIL Technologies, states, "We are honored to be in discussions with the government of Nantong, China. After two meetings and having government officials visit our office, we are now looking forward to attending their ceremonies in China and signing the Memorandum of Understanding in September."
For more information, please contact Investor Relations at (973) 351-3868 (973) 351-3868 or visit the company website directly: www.amfiltech.com.
About AMFIL Technologies, Inc.:
AMFIL is the manufacturer of cold water ozone-powered cleaning and antimicrobial systems for food/food processing equipment, zoological life support facilities/fish farming, and gaseous ozone fumigation systems for produce cold storage and transport. AMFIL's products include the mobile mPact-5 and mPact-10 systems, the mPact-25, mPact-45S, mPact-250S, and mPact-500S centralized systems, mPact-CSF cold storage fumigation system, and mPact-RCF refrigerated container fumigation system. In addition, AMFIL manufactures the mPact-CAS, a system designed specifically for cased meat log cleaning & antimicrobial treatment.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.
The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment