New Technology Anticipated to Generate Over One Million Dollars in Additional Revenue
SAN LUIS OBISPO, CA--(Marketwire - 08/02/10) - 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 have completed the production and delivery of its new state-of-the-art, large capacity, fully automated, portable pilot mPact ozone cleaning and antimicrobial system. The system is capable of treating tanks, bottling lines, conveyers, floors and walls without the use of chemicals. Management estimates the technology will generate an additional one million dollars in revenue.
AMFIL Technologies, Inc. has already begun responding to multiple inquiries. Following final testing in Canada, the system will be relocated to the U.S. in order to meet the rising demand of the technology.
Ambrose Fillis, President and CEO of AMFIL Technologies, states, "The food and safety federal regulations in North America are requiring more stringent microbial control by meat processors, thereby requiring new technologies to fulfill these requirements. We are confident that our state-of-the-art mPact technology will meet and exceed these requirements. We are already experiencing increased inquiries for our technology. Once final testing of our technology is complete, we expect to immediately begin fulfilling orders."
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.
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