American Fire Retardant Corp. -- Re-Released Today: AFRC and Relco Join Forces.Business Editors SAN DIEGO--(BUSINESS WIRE)--April 13, 2004 American Fire Retardant fire retardant Public health A chemical used to resist combustion, which may contain polybrominated biphenyls and antimony oxide Corp.'s (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AFRT AFRT American Financial Realty Trust AFRT Association Française pour la Recherche Thérapeutique AFRT Armed Forces Relief Trust AFRT Association Française pour la Recherche sur la Trisomie 21 AFRT Archivio Fotografico della Regione Toscana ) James Wheeler, AFRC's Sales and Marketing Director, said, "This is a very important milestone for AFRC AFRC Air Force Reserve Command (formerly AFRES) AFRC Armed Forces Revolutionary Council (Sierra Leone) AFRC Agricultural and Food Research Council (United Kingdom) and we want to make sure that no one missed Thursday's release due to the holidays." American Fire Retardant Corp. and Relco, one of the West Coast's leading manufacturers of insulator insulator Substance that blocks or retards the flow of electric current or heat. An insulator is a poor conductor because it has a high resistance to such flow. Electrical insulators are commonly used to hold conductors in place, separating them from one another and from pads to the bedding industry for over 70 years, signed a Master Teaming Agreement last week in a joint effort to develop additional sales for both AFRC and Relco and to capture substantial market share in the fire retardant industry that has been created by the passing of California's TB603. Jim said, "This is really big stuff for AFRC. We have waited 17 years for this law and look forward to federal adoption of a similar law." The joint brand that this agreement is intended to create is Relco-AFRC Inside for the mattress and bedding industry and Safe & Sound products for retail markets. Both companies agree to work together to develop the mattress fire barrier market and consumer fire and sound barrier products market for this new Relco-AFRC product line. AFRC will support the initial marketing program in a joint effort to jump start a market that would otherwise wait until January, 2005, TB-603's effective date. TB-603 actually became effective January 1, 2004 but the mattress industry was given an additional year to gear up for it. This is to include the bedding product (fire barrier pad) to be branded Relco-AFRC Inside that will be put into mattresses during the manufacturing process and protects the internal, highly-flammable filling material from catching fire if the bedding or bedclothes are ignited. Relco tested and passed TB603 with a mattress that was made with the new Relco-AFRC Inside product in early March and attended the ISPA ISPA International School Psychology Association ISPA Internet Service Providers Association ISPA Instituto Superior de Psicologia Aplicada (Portugal) ISPA International Spa Association ISPA Istituto di Scienze delle Produzioni Alimentari industry show later that month with the mattress set that was used and received a tremendous response. AFRC will launch its American Safety Products line of products at the Hardware show in Chicago from the 18th to the 20th of this month to introduce the complete line of fire safety products to the anticipated 15,000 hardware buyers. American Fire Retardant looks forward to a long and profitable relationship with this industry leader. For more information about this exciting new product line visit our website at www.safeandsound.tv. About American Fire Retardant Corporation American Fire Retardant Corp. (OTCBB:AFRT), www.americanfireretardant.com, is in the business of developing, manufacturing and marketing a line of interior and exterior fire retardant products. American Fire Retardant Corp. also designs new technology for future fire resistive resistive /re·sis·tive/ (re-zis´tiv) pertaining to or characterized by resistance. applications that are being mandated by local, state and governmental agencies. Additionally, the company is active in the construction industry as sub-contractors for fire stop and fire film installations. 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. for Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. : Except for historical information contained herein, the statements in this news release are forward-looking statements that involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion