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Cimbix Corporation Grants Marketing and Distribution Agreement.


BEVERLY HILLS Beverly Hills, city (1990 pop. 31,971), Los Angeles co., S Calif., completely surrounded by the city of Los Angeles; inc. 1914. The largely residential city is home to many motion-picture and television personalities. , Calif. -- Cimbix Corporation ("Cimbix" or the "Company") (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:CBXC), worldwide distributor of Wataire Industries Inc. ("Wataire") (WTAF.PK) atmospheric water generators, announced today that it has granted P204 Enterprises Ltd. ("P204") the rights to sell atmospheric water generators under a private label brand. The agreement states that a minimum purchase of five containers of the home/office units as well as two 2500 liter per day commercial units will be ordered by P204 within 45 days of the signing of the agreement. The total initial purchase will be in excess of US $950,000. The contract is performance based and has a term of five years with an option to renew for a further five years.

P204 was formed specifically to market Wataire products under a private label brand name. The management of P204 has a proven track record in sales to the retail market channel with over US $50 million worth of brand name products sold to nearly 30,000 retail sales outlets over the past three years. The P204 team has won numerous marketing industry awards and created and executed numerous advertising and promotional campaigns utilizing traditional television and print media, as well as sponsorship campaigns with professional sports leagues This article has no lead section.

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. P204 plans to unveil its newly created brand name and launch the initial products to retailers at the Consumer Electronics Show ("CES") in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nevada in January 2007. The CES is the largest annual show of its kind for retail store buyers in the world.

Cimbix president, Robert Rosner Robert Rosner is an astrophysicist and since 2005 is the director at Argonne National Laboratory.[1] Prior to his appointment as director, his research was focused primarily on astrophysical fluid dynamics and plasma physics problems. , stated, "Cimbix Corporation is excited to work with P204 Enterprises. The future success of Cimbix under its worldwide distribution agreement with Wataire Industries depends on aggressive marketing and promotion efforts such as that of P204 to assist in creating public awareness for our technology."

This news release contains forward-looking statements as defined by 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 1996. Forward-looking statements concerning plans, objectives, goals, strategies, future events of performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including but not limited to, product and services demand and acceptance, changes in technology and in economic, political and regulatory conditions and to all of the risks generally associated with a company at Cimbix's stage of development. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the company are expressly qualified by these cautionary statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 20, 2006
Words:439
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