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Chill Tech Industries, Inc. Announces Discussions Begin with Manufacturer.


CARSON CITY Carson City, city (1990 pop. 40,443), state capital, W Nev., in the Eagle valley; inc. 1875. The city is a trade center for a mining and agricultural area. State government is the major employer, and tourism is economically important. , Nev.--(BUSINESS WIRE)--Feb 8, 1999--Senior management from Chill Tech Industries, Inc. (symbol: CHIL CHIL Current Hogging Injection Logic
CHIL Consolidated Hazardous Items List
) have announced today that they have commenced talks with a major German based manufacturer regarding manufacturing opportunities of the Company's "Arctic Arctic

area of constant cold. [Geography: WB, A:600]

See : Coldness



(language, music) Arctic - A real-time functional language, used for music synthesis.

["Arctic: A Functional Language for Real-Time Control", R.B.
 Can", a self-chilling beverage container.

As a result of these discussions, a conditional Letter of Intent has been received. These talks demonstrate the commitment by Chill Tech Industries, Inc. to establish the first full scale, commercial production line of a self-chilling beverage container. Further discussions will assist in the transition of the corporation into its next phase of development.

While official representatives of the German manufacturer have requested a measure of privacy at this time, Chill Tech Industries, Inc. is pleased to reveal that the manufacturing consortium is an internationally known and respected corporation holding contracts with numerous internationally recognized companies. The consortium, with operations on three continents and in eleven countries, had sales in excess of three billion US dollars during the last fiscal year.

The "Arctic Can", a self-chilling beverage container, is technologically feasible, environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1]  and economically competitive.

For more details and information about Chill Tech Industries Inc., and the "Arctic Can", please visit our web site at www.chilltech.com

The above statements regarding the business of Chill Tech Industries, Inc. are not purely historical rather are 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.
 within the meaning 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, including Chill Tech Industries, Inc. beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof here·of  
adv.
Of this.


hereof
Adverb

Formal or law of or concerning this

Adv. 1. hereof - of or concerning this; "the twigs hereof are physic"
 and are based on information available to Chill Tech Industries, Inc. as of such date. It is important to note that actual outcome and actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative and marketplace changes.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 8, 1999
Words:310
Previous Article:Criticare Systems and Medicomp Introduce Exciting New Product in Joint Development Venture.
Next Article:Phase Forward Appoints Michael Ball Vice President of Business Process Consulting.



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