Abatix Corp. Signs Deal to Distribute RapidCool Products.Business Editors DALLAS--(BUSINESS WIRE)--April 14, 2004 Abatix Corp. (Nasdaq:ABIX ABIX Air-Britain Information Exchange (UK-based aviation historical society members information website) ) today announced it entered into an agreement with Goodwin Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , the developer of the RapidCool(TM) products (www.rapidcool.org). The agreement grants Abatix the exclusive worldwide rights to distribute RapidCool(TM). This unique, proprietary line of products actually removes heat from fire, metal, wood, skin, and other surfaces -- fires are suppressed with less water and manpower; skin treated with the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. approved RapidCool(TM) burn cream heals more quickly; trees and other combustibles treated with RapidCool(TM) refuse to ignite; expensive tool components in the industrial segment that are treated with RapidCool(TM) generally have an extended life. All RapidCool(TM) products are environmentally responsible, non-toxic, non hazardous and biodegradable. Mr. Terry W. Shaver, President of Abatix, stated, "Adding new product lines, like RapidCool(TM), is part of our growth strategy. The exclusive distribution rights to this product line are exciting because it has the potential to be revolutionary. We are beginning the process of third party testing that will remove any questions as to the efficacy of the product and its non-toxic waste. In addition, the products are versatile, having many uses in many different industries." "We are excited to have partnered with a company that shares similar goals and values. In addition, this partnership allows us to continue working to develop new products, our strength, yet gives us access to an established distribution channel," said Frank Goodwin, founder of Goodwin Group LLC. Except for the historical information contained herein, the matters set forth in this release are forward looking and involve a number of risks and uncertainties. Among the factors that could cause actual results to differ materially are the following: third party testing determines the product does not produce the desired results or that the product or product waste is toxic or hazardous, the market is unreceptive or unwilling to pay for a new, revolutionary product, or a competitive product is developed that outperforms the RapidCool(TM) line of products. Abatix Corp. is a full line supplier to the construction tool, industrial safety, environmental supply and homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States industries. The Company currently has seven distribution centers in Dallas and Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the , in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden and Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , California, in Phoenix, Arizona Phoenix /ˈfiːˌnɪks/ (English: Phoenix, Navajo: Hoozdo, lit. "the place is hot", Western Apache: Fiinigis) is the capital and the most populous city of the U.S. , in Seattle, Washington and in Las Vegas, Nevada. These distribution centers serve customers throughout the Southwest, Pacific Coast, Alaska and Hawaii. |
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