ARS Networks, Incorporated Grants Private Label Licence to American Fire Retardant Corp.Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 21, 2003 ARS Networks, Incorporated (ARS) a company that commercializes new safety products, today announced that its subsidiary, ARS Products Inc.(ARSPI), has completed a licensing agreement with American Fire Retardant fire retardant Public health A chemical used to resist combustion, which may contain polybrominated biphenyls and antimony oxide Corp (AFRC AFRC Air Force Reserve Command (formerly AFRES) AFRC Armed Forces Revolutionary Council (Sierra Leone) AFRC Agricultural and Food Research Council (United Kingdom) ). ARS Networks, Incorporated trades on the OTCBB OTCBB See OTC Bulletin Board (OTCBB). under the symbol (ARSW ARSW Annual Report of the Secretary of War ). www.arsnetworks.com American Fire Retardant Corp. trades on the OTCBB under the symbol (AFRR AFRR Alpha Frame Rate Reduction AFRR Air Force Recognition Ribbon AFRR Associação Fluminense de Radioamadorismo e Rádio do Cidadão (Portugese) ). (www.americanfireretardant.com) ARS's licensing agreement with AFRC provides ARS Products Inc. with an unprecedented opportunity to take advantage of AFRC's existing distribution network to bring the Company's (UL) Underwriters Laboratory certified retrofit fire door kit to market. This innovative door kit utilises approved technology which converts existing doors into fire rated doors for an affordable installed price of $220, a savings of 80% over door replacement. The technology is Code compliant and eliminates the need to dispose of To determine the fate of; to exercise the power of control over; to fix the condition, application, employment, etc. of; to direct or assign for a use. See also: Dispose old doors thereby providing a significant environmental benefit and further disposal cost savings. Sydney Harland, President and Chief Executive Officer of ARSPI, stated, "We have a unique and affordable alternative to installing new doors to meet the National Fire Protection Association (NFPA NFPA National Fire Protection Association NFPA National Food Processors Association NFPA National Fluid Power Association NFPA National Federation of Paralegal Associations (Edmonds, WA) ) 101, Life Safety(R) code standard, one of the most frequently used NFPA standards. As of July 1, 2002 it has been adopted and enforced by 33 of the 50 states. The Company's fire door kits provide an opportunity for both ARSPI and AFRC to participate in a $6 billion market to upgrade more than 50 million doors that are required to meet minimum standard Fire code. Timing is vital when launching a new product and we believe that our licensing agreement with AFRC will accelerate our time to market and bring value to our shareholders." Stephen F. Owens, President and Chief Executive Officer of AFRC, stated, "We have been in the fire safety business since 1992. We manufacture and sell several fire retardant products through our sales and distribution network, including the same type of textile used in the fire retardant door kit technology. Our textile is similar to the material used on the space shuttle during re-entry RE-ENTRY, estates. The resuming or retaking possession of land which the party lately had. 2. Ground rent deeds and leases frequently contain a clause authorizing the landlord to reenter on the non-payment of rent, or the breach of some covenant, when the into the earth's atmosphere to insulate against fire. Our know how with fire retardants and ability to manufacture and distribute fire safety products makes this a real good fit with our existing business." Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
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