Chill Tech Industries, Inc. Announces Update on Discussion and Filing.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 22, 1999--In a follow-up to the news release of February 5th 1999, Chill Tech Industries, Inc. (symbol: CHIL CHIL Current Hogging Injection Logic CHIL Consolidated Hazardous Items List ) have confirmed today the continuation of talks between officials of Chill Tech Industries Inc. and representatives from a major German based manufacturer regarding possible manufacturing opportunities of the Companies "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. These discussions are to further establish a working relationship between the two companies in developing the first full scale, commercial production line of a self-chilling beverage containers. Officials and representatives from both companies are tentatively working towards being able to present an agreement to their respective Board of Directors by the 27th of February 1999. In addition to moving forward with these discussions, the Company also wishes to announce that in an effort to comply with new NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). and SEC directives, the Company has retained council and has initiated preparation for the filing of a "form 10." The company endorses these new requirements which are seen to assist and protect investors with current financial information. For further 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. |
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