Bio-Warm Corp. Expands Facilities to Meet Customer Demand.HUNTINGTON BEACH Huntington Beach, city (1990 pop. 181,519), Orange co., S Calif., on the Pacific coast, across from Santa Catalina Island, in an oil-producing area; inc. 1909. It manufactures aerospace vehicles, aircraft parts, optical instruments, and heat transfer equipment. , Calif. -- Bio-Warm Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BOWC) (Berlin Stock Exchange (RPB RPB Ruimtelijk Planbureau (Dutch: The Netherlands Institute for Spatial Research) RPB Regional Planning Body (UK) RPB Reverse-Path Broadcasting RPB Radiation Protection Bureau (Canada) 812438)) (www.bwarm.net) today announced that it will expand its existing facilities in Korea as well as establish new manufacturing facilities in Beijing, China and Bakersfield, California “Bakersfield” redirects here. For other uses, see Bakersfield (disambiguation). Bakersfield (pop. 323,213GR2) is one of the fastest-growing, large-population cities in the United States. . The Korean facility will be finished by late February 2005 and the new plants in Beijing and Bakersfield, CA are expected to break ground by June 2005. Johnny Park, President of Bio-Warm Corporation, comments, "This is a very exciting time for us. With more new orders and infinite application possibilities, we will have a break-out year in 2005. These new facilities will be instrumental to our business plan. China and the US will be our biggest markets by far, and with our manufacturing nearby we will not only save on taxes and shipping, but will be more accessible to our customers." Bio-Warm is currently selling products into the construction, home furnishing, clothing, health, agriculture and the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . Bio-Warm's radiant fabrics have the ability to heat without wires running through them like the traditional methods of heating. Our fabrics can greatly enhance products because Bio-Warm's radiant heat is not only more comfortable, cost efficient, resilient but the far infrared rays emitted into the body also can have great health benefits as well. For further information about Bio-Warm Corp., please visit www.bwarm.net. About Bio-Warm: Bio-Warm Corp., through its wholly-owned subsidiary Mirae Tech. Co, in Republic of Korea, is engaged in the research and development and production of electrical energy and environment-related products. The Company holds several international and domestic patents and produces electric conductive textile heating panel, mat, wall paper, laminated floor paper, sauna, negative potential plate, negative ion plate, fomenting machine and noise-related products like acoustic absorbent absorbent /ab·sor·bent/ (-sor´bent) 1. able to take in, or suck up and incorporate. 2. a tissue structure involved in absorption. 3. a substance that absorbs or promotes absorption. , soundproofing Soundproofing is any means of reducing the intensity of sound with respect to a specified source and receptor. There are several basic approaches to reducing sound: increasing the distance between source and receiver, using noise barriers to block or absorb the energy of the sound materials, etc. that protect the environment and enhance people's life quality. 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. : Except for historical information contained herein, the statements in this news release are forward-looking statements that 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 a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies. |
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