Chill Tech Pursues F.E.M.A Contract.CARSON CITY, Nev.--(BUSINESS WIRE)--March 10, 1999--Management of Chill Tech Industries, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CHIL CHIL Current Hogging Injection Logic CHIL Consolidated Hazardous Items List ) announced today that it has presented a proposal to the Federal Emergency Management Agency The Federal Emergency Management Agency (FEMA) is the federal agency responsible for coordinating emergency planning, preparedness, risk reduction, response, and recovery. The agency works closely with state and local governments by funding emergency programs and providing technical , outlining a strategy by which stockpiled pallets of beverages, including water, ice tea, fruit juices and an assortment of carbonated beverages could be available for emergency use. The Federal Emergency Management Agency, or FEMA FEMA, n.pr See Federal Emergency Management Agency. , is the government agency who provides immediate federal response to victims of natural disasters. On average, FEMA provides food, shelter and clothing to over a million disaster victims per year. As the victims of hurricanes, floods, tornadoes, forest fires or earthquakes seldom have access to refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective. sources or ice immediately following a natural disaster, the company believes that the "Arctic Can" self-chilling beverage container would provide immediate cool relief for their thirst. The "Arctic Can" self-chilling beverage container, using a specially developed refrigerant re·frig·er·ant adj. 1. Cooling or freezing; refrigerating. 2. Reducing fever. n. 1. A substance, such as air, ammonia, water, or carbon dioxide, used to provide cooling either as the working substance of , lowers the temperature of its ingredients by approximately 54 degrees Fahrenheit in less than two minutes. Pre-packaging an assortment of refreshments on plastic wrapped pallets makes them easy to load and deliver anywhere on short notice, by truck, boat or air. Since FEMA can never forecast the magnitude or length of forthcoming natural disasters nor the number of victims, it always maintains a sizable inventory of food, bedding and portable shelters. The company proposes that FEMA purchase and warehouse the "Arctic Can" product so that it is always available for immediate use. If accepted by FEMA, this prospective market could generate up to an additional three million dollars worth of annual revenues for the company. For other related news or additional information about Chill Tech Industries, Inc. please visit the Web site at www.chilltech.com or contact Investor Relations Investor relations The process by which the corporation communicates with its investors. at 888/931-9991. The above statements regarding the business of Chill Tech Industries, Inc. are not purely historical rather are forward-looking statements 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 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion