HydraLogic Announces U.S. Retail Distribution Agreement for Tank-Tamer 'TM'.BARRIE, Ontario For the electoral district, see . Barrie is a city of 128,430 residents,<ref name="2006CensCommun" /> the 35th largest municipality in Canada.<ref name="2006CensMuniPops" /> It is located on Kempenfelt Bay, an arm of Lake Simcoe in Central -- Updates on Distribution Negotiations for Other Key Products HydraLogic Systems Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:HLS (Hue Lightness Saturation) A color space that is closely related to HSB, except that Brightness is called Lightness and is measured from 0 to 1 rather than from 0 to 100%. See HSB. ) has signed an exclusive distribution agreement for Tank-Tamer(TM), a retail version of its BioStreme(TM) all-natural line of waste treatment products. Under the agreement, NEXgen Chemistries, a subsidiary of Pavco Inc., will distribute Tank-Tamer(TM) to major retail outlets throughout the U.S. Tank-Tamer(TM) eliminates odours and breaks down wastes in septic and holding tanks. Using a custom formulation of HydraLogic's proprietary BioStreme(TM) formula, the technology eliminates reliance on toxic chemicals. "NEXgen's expertise in marketing and distribution in the U.S. make it the ideal partner for HydraLogic," said Michael Beckley Michael Beckley (born 1 November1963) is an Australian actor. He is famous for his role as Rhys Sutherland on the television series Home and Away. He has also appeared in Water Rats, and A Country Practice. , 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. . "With more than 20 million privately-owned boats and RVs in the U.S., the market potential for Tank-Tamer(TM) is very promising as consumers move towards environmentally responsible products. We expect to see orders this fall for delivery in the spring of 2005." NEXgen plans to introduce Tank-Tamer(TM) to big box retailers, as well as sporting and marine supply outlets. HydraLogic also announced today that it is in discussions with a leading worldwide supplier to the dairy industry for distribution of its Harpoon harpoon (härp  n`), weapon used for spearing whales and large fish. The early type was a flat triangular piece of metal with barbed edges and a socket for attaching a wooden handle, to the (TM) water conditioning system. In addition, the Company is in negotiations with a Canadian equipment supplier to distribute other versions of its BioStreme(TM) and AirStreme(TM) products to industries and municipalities in Canada. HydraLogic's priorities are to secure distribution agreements for these products and for Bug DeFence(TM), its mosquito control system that recently won approval by the U.S. Environmental Protection Agency Environmental Protection Agency (EPA), independent agency of the U.S. government, with headquarters in Washington, D.C. It was established in 1970 to reduce and control air and water pollution, noise pollution, and radiation and to ensure the safe handling and . About NEXgen Chemistries and Pavco Inc. Based in Ohio, NEXgen Chemistries is a full service specialty chemical A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. company that researches, develops, manufactures, packages, and manages client specific products targeted towards the specialty retail industry. NEXgen is a subsidiary of Pavco Inc. For over 50 years, Pavco has been a leader internationally in manufacturing specialty chemicals for the finishing industry, which services both consumers and industry alike. Pavco is recognized as a pioneer developer of environmentally friendly Environmentally friendly, also referred to as nature friendly, is a term used to refer to goods and services considered to inflict minimal harm on the environment.[1] , high performance replacements for toxic chemicals. About HydraLogic Systems Inc. HydraLogic Systems Inc. is an environmental technology company poised to release proprietary products into several world markets. Its technologies are being commercialized through distribution partnerships with leading regional, national and international companies with clientele in the wastewater, pest control and agricultural products industries. After four years of research and development, the Company recently completed a $2.5 million financing to initiate marketing. Shares and warrants of HydraLogic began trading on the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. on February 3, 2004. This press release may contain forward-looking statements and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statement. Factors that impact such forward-looking statements include, among others, changes in general economic conditions, interest rates, government regulations, and competition. The Company disclaims any intention or obligation to update or revise any forward-looking statements unless required by applicable law. For additional information, please visit the Company's web site at www.hydralogic.ca The TSX VENTURE EXCHANGE has neither approved nor disapproved the contents of this press release. |
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