Net/Tech International Selected as Exclusive Master Distributor for Compliance Control's HyGenius Hand Washing System.RED BANK, N.J.--(BUSINESS WIRE)--March 19, 1998--NET/TECH INTERNATIONAL, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. ., (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : NTTI NTTI National Tanning Training Institute ) developer of the patented Hygiene Guard Hand Wash Prompting and Verification System and other innovative food safety products, today announced it was appointed as the exclusive master distributor of the HyGenius(TM) Hand Wash Verification System manufactured by Compliance Control, Inc. The HyGenius(TM) System works with any existing hand sink in nursing homes, daycare and restaurants, where hand washing is critical in preventing the spread of illness and infection. The system guides users through a controlled hand washing process including soaping, lathering and rinsing for a designated amount of time as required under FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. retail Food Code. Additionally, the HyGenius(TM) verifies proper and frequent washing and provides feedback on individual compliance with automatic "management-ready" reporting. Commenting on the announcement from the exhibit floor at McDonald's Corporation's 1998 World Wide Convention, Mr. Noel B. Segal, President of Compliance Control and founder of HyGenius(TM), stated, "Our exclusive alliance with Net/Tech will result in tremendous near-term growth opportunities for both companies and should add significant long-term value to Net/Tech's shareholders." Glenn E. Cohen cohen or kohen (Hebrew: “priest”) Jewish priest descended from Zadok (a descendant of Aaron), priest at the First Temple of Jerusalem. The biblical priesthood was hereditary and male. , Net/Tech's Chief Executive Officer stated, "This transaction will enable Net/Tech to offer two very important food safety products and subsequently offer our clients the most complete choice of hand wash protection available. We continue to create our complete line of health and food safety solutions, while enhancing our existing group of innovative products." Among those currently using the HyGenius(TM) system are well-known names in the quick service restaurant industry such as Marriott Hotels, Senior Living and other food service operations. As part of the exclusive agreement with Compliance Control, Net/Tech will initiate marketing to all existing national accounts. Additionally, Net/Tech's complete line of hand wash protection products can be used as part of a Florida Health Department approved program approved program Grad education An education program which is approved by a overseeing body–eg, a licensing or professional board or governmental agency as an alternative to their disposable glove requirement which went into effect January 1st and is expected to see strong enforcement in retail food operations by local health inspectors starting April 1st. Mr. Ronald J. Heagle, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Net/Tech, stated, "The Company's development of a complete approach to health and food safety products through exclusive world-wide marketing rights and creation of our own proprietary products, is on schedule. Additionally, we are nearing completion of our health and food safety catalog which will feature the most up to date technology to help the customer comply with federal, state and local health and food safety regulation." Net/Tech develops and markets health and food safety products and solutions to the food manufacturing, food service and health care industries with a targeted focus on employee hand washing in any environment where hygiene is critical to the public health. The Company's product line is designed to help satisfy federal, state and local health and food safety regulatory compliance. -0- Net/Tech can be accessed on the world wide web at http://www.hygieneguard.com Net/Tech is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. , symbol...N T T I Statements which use the terms "believes", "intends" or "expects", are intended to reflect "forward looking statements" of the Company. The information contained herein is subject to various risks and uncertainties and other factors that could cause actual results to differ materially from the results anticipated in such forward looking statements of paragraphs. Readers should carefully review the risk factors described in other documents the Company files from time to time with the Securities and Exchange Commission, including the most recent Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. and any Current Reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. filed by the Company. CONTACT: Net/Tech International, Red Bank Glenn Cohen 732-345-1100 www.nettechintl.com or Lippert/Heilshorn & Assoc., Inc., New York Keith L. Lippert/Danielle L. Reilly 212-838-3777 dani@lhai.com keith@lhai.com |
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