Coldwall Puts Out to Sea with T&G.NAPIER, New Zealand Napier (Ahuriri in Māori) is an important port city in Hawke's Bay, New Zealand. It has a population of 57,000.[1] Ten kilometres to the south lies Hastings, Napier's twin city. The two are sometimes known in New Zealand as "The Twin Cities". -- Bellevue-Washington based Coldwall, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). .NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). :CDWL) announced that it has commenced its all-important Sea-Trial Program for its refrigerated containers. "The Sea-Trial Program is one of the final key steps of our commercialization strategy. Real-life testing on one of the longest sea routes (from New Zealand to northern Europe) provides us with an important opportunity to clearly demonstrate the superiority of our Coldwall(TM) technology over conventional reefer reef·er n. Marijuana, especially a marijuana cigarette. containers," said Robert Dale, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Coldwall. This first sea-trial with the Turners & Growers Group of New Zealand (T&G) is one of many planned with several large-scale owner/shipper groups. Turners & Growers (www.enza.co.nz) is one of the largest processors in the world of fruit and vegetable products, including apple, kiwifruit ki·wi·fruit n. The fruit of the kiwi plant. and carrot juice concentrate, as well as apple ingredients for the international food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. industry. The company enjoyed sales in 2003 in excess of $1 billion, shipping to distributors and customers all over the world, and is totally reliant on refrigerated shipping containers. Customers rely on these sea-trials to give them an indication of the quality and durability of the containers and the technology. Together with numerous in-situ test results, this will prove the superiority of Coldwall container technology over conventional refrigerated containers. Mr. Dale continued, "We are now well into the final phases of our Five-Step Development Plan, and with successful sea-trial results we expect to progress rapidly to significant deployment within several key markets and start accepting orders from our customers." About Coldwall, Inc. Coldwall, Inc. is the developer and owner of the US and China Patents for Coldwall(TM) technology, which it employs in its ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. refrigerated intermodal shipping containers. Coldwall's corporate headquarters are in Bellevue, Washington, with an engineering and testing facility located in Richmond, BC, Canada. For more information contact info@coldwall.com. Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements other than statements of fact, included in this release, are forward-looking statements that involve risks and uncertainties. |
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