Acme United Corporation Announces Licensing Agreement.FAIRFIELD, Conn. -- Acme United Corporation (AMEX AMEX See: American Stock Exchange :ACU ACU See: Asian currency units ) today announced entering into a licensing agreement with Old Harbor Outfitters (OHO). OHO, a manufacturer of innovative fishing clothing and gear will license Acme United's patented Titanium Bonded[TM] technology for use in fishing tools. OHO Titanium Bonded(TM) tools are three times harder than stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. and are designed with a long list of features essential to saltwater fishing, including a corrosion resistant blade, a precision serrated serrated /ser·rat·ed/ (ser´at-ed) having a sawlike edge. serrated (ser´āted), adj having a jagged or notched edge; saw-toothed. edge and a comfort, non-slip grip. Old Harbor Outfitters' will introduce their premium line of Titanium Bonded[TM] tools in January by releasing a range of first-to-market, marine grade fishing knives, shears, snips and wire cutters wire cutters npl → cortaalambres msg inv wire cutters npl → cisaille f wire cutters wire npl → . "Acme United has delivered Titanium Bonded[TM] tools to the industrial market for the past 5 years and the technology has revolutionized the segment. We feel confidant that the superior and unique qualities of our patent technology will do the same for the marine segment," said Acme United's Marketing Director, Rick Constantine. ACME UNITED CORPORATION is an innovative supplier of cutting devices, measuring instruments, and safety products for school, home, office, industrial and hardware use. Its leading brands include Westcott[R], Clauss[R], and PhysiciansCare [R]. Forward-looking statements in this report, including without limitation, statements related to the Company's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 the following: (i) the Company's plans, strategies, objectives, expectations and intentions are subject to change at any time at the discretion of the Company; (ii) the Company's plans and results of operations will be affected by the Company's ability to manage its growth, and (iii) other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion