HumaTech Inc. Grants Promax Distributorship to France.Business Editors HOUSTON--(BUSINESS WIRE)--April 25, 2000 HumaTech Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :HUMT) announces its newest distributor in the European union. France International Trade (F.I.T.), located in Rennes, France, was granted distribution rights for Promax throughout France. The pig industry in France is located in the center of Brittany and lies within a 70-mile radius of the Rennes office. F.I.T. supplies the top 5 feed compounders in France their Lysine lysine (lī`sēn), organic compound, one of the 20 amino acids commonly found in animal proteins. Only the l-stereoisomer appears in mammalian protein. and Enzyme products, which makes up approximately 40 percent of the French animal feed market. Being strategically located to the industry compounders allows F.I.T. to have annual sales of 100 million US. These top 5 compounders produce over 6 million metric tons of creep feed(a). The total market for animal feed in France is about 22 million metric tons annually. David Williams, 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 HumaTech Inc., stated, "With a steady stream of our product Promax being integrated into this region of France, early estimates of revenue are approximately $26,400,000.00 over the next three years." (a) Creep feeds are designed to give the post weaning weaning, n the period of transition from breast feeding to eating solid foods. weaning the act of separating the young from the dam that it has been sucking, or receiving a milk diet provided by the dam or from artificial sources. piglet Piglet diffident little pig; tremulously courageous. [Children’s Lit.: Winnie-the-Pooh] See : Timidity its first solid food. Since the piglets are very susceptible to disease, it is critical to create an appetizing feed which strengthens the immune system's defense capabilities, and provides the most protein efficient, easily digestible digestible having the quality of being able to be digested. digestible energy the proportion of the potential energy in a feed which is in fact digested. digestible protein see digestible protein. feed possible. HumaTech Inc. is the manufacturer and distributor of its humate-based nutrients for plants and animals Plants and Animals are a Canadian indie-rock band from Montreal, comprised of guitarist-vocalists Warren Spicer and Nic Basque, and drummer-vocalist Matthew Woodley.[1] They are signed to Secret City Records. , classified as "High Technology Organic Solutions." Produced from a proprietary process described as Iso-Molecular technology, HumaTech sells different product lines to the following markets: growers of agricultural crops, animal feed supplements to feedlots, golf courses and commercial landscapers. This release contains forward-looking statements with respect to the results of operations and business of HumaTech Inc. that involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the "safe harbor" provision 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. For additional information regarding the company, please visit the company's web site at http://www.humatech.net. |
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