Safetek International Inc., Enters Into Agreement with Trop-Life Ltd.Business/Medical Editors NEW YORK--(BUSINESS WIRE)--July 30, 2001 Safetek International Inc ("Safetek") (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: SFII SFII Street Fighter II (game) SFII Stallion-Flex II (truck coiled air brake line; Philatron International) ) is pleased to announce that it has entered into an agreement with Trop-Life Ltd. to acquire the exclusive marketing rights for selling Hemorrelief Units, a product which can neutralize neutralize to render neutral. hemorrhoid hemorrhoid or pile Mass formed by distension of the network of veins supplying the anal canal. It may develop from infection or increased abdominal pressure (as in pregnancy or heavy lifting). Mild hemorrhoids may require only ointments, laxatives, and baths. discomfort. Trop-Life Ltd. is a company engaged in the discovery, creation and development of hemorrhoid related products. About Hemorrelief Hemorrelief units are non-surgical cooling treatments Cooling Treatments Definition Cooling treatments lower body temperature in order to relieve pain, swelling, constriction of blood vessels, and to decrease the liklihood of cellular damage by slowing the metabolism. for hemorrhoid relief. Existing cooling devices to relieve pain and discomfort have proven unsatisfactory, either because their small capacity produces only two or three minutes "Three Minutes" is the 46th episode of Lost. It is the twenty-second episode of the second season. The episode was directed by Stephen Williams, and written by Edward Kitsis and Adam Horowitz. It first aired on May 17, 2006 on ABC. of cooling, or because their lack of temperature control causes frostbite frostbite (chilblains), injury to the tissue caused by exposure to cold, usually affecting the extremities of the body, such as the hands, feet, ears, or nose. Extreme cold causes the small blood vessels in the extremities to constrict. to the user. We believe Hemorrelief units eliminate these disadvantages by providing an effective, convenient and hygienic hy·gien·ic adj. 1. Of or relating to hygiene. 2. Tending to promote or preserve health. 3. Sanitary. solution to hemorrhoid discomfort. The inexpensive treatment is available in the continuous use model (for hospital and clinical use), and in the portable model (for home use). Clinical testing of Hemorrelief units showed that 94% of patients treated in hospitals had their conditions improve to a point where surgery and other invasive procedures could be avoided. Hemorrelief controls pain relief as well as improving of hemorrhoid conditions. The Market (Frost & Sullivan) The market size for hemorrhoid products totals approximately $150,000,000 a year. Unlike most current products, however, Hemorrelief is a reusable, (and thereby economical) hemorrhoid device. We believe this unique attribute will probably give Hemorrelief Units an advantage to earn 20% of the market share within a year. About Safetek Safetek was formed for the purpose of working with viable embryonic companies. Safetek seeks out companies with working prototypes and promising patents and provides these companies with assistance to bring their products to market. Safetek is located at 5509 11th Avenue, Brooklyn, NY USA 11219. The Company may be contacted at: Tel: 718-436-8246, Fax: 718-436-8256, website: www.safetekinc.com and E-mail: info@safetekinc.com. The forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. included herein are based on current expectations and involve a number of risks and uncertainties regarding the acquisitions. These forward-looking statements are based on assumptions regarding future business expectations, all of which are difficult or impossible to predict accurately and many of which are beyond the control of Safetek. Although Safetek believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, actual results may differ materially from those set forth in the forward-looking statements. In light of the significant uncertainties inherent in the forward-looking information contained herein, the inclusion of such information should not be regarded as any representation by Safetek or any other person that the objectives or plans of Safetek will be achieved with respect to the Project. |
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