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3M CO. TO MARKET AIM SAFETY PRODUCT

 3M CO. TO MARKET AIM SAFETY PRODUCT
 VANCOUVER, British Columbia, June 29 /PRNewswire/ -- The


following was issued today by AIM Safety Co. (Vancouver: ASF):
 AIM Safety Company - Leading Manufacturers of toxic and explosive gas-safety and detection equipment. For: Personal Safety, Confined Spaces, Hazardous Materials, Fire Services, Testing & Leak Detection. A strategic alliance has been established between the 3M Company and AIM Safety Company.
 A "Product Development, Marketing and Distribution Agreement" has been reached where 3M has obtained an exlusive world-wide right to market certain AIM products and technologies in specific markets. We are especially pleased to report this development to you - there is considerable upside potential.
 While agreed minimum purchase levels remain to be settled, the markets 3M will penetrate promise to be substanital. USD$8-10 million per year can be considered conservative.
 Most of you appreciate that despite our policy of candor, we only discuss our new product development to the extent legally required. Good product ideas are rare and ours are ideas attractive to others. This business principle specifically applies under the circumstances with 3M. Together we intend to threaten the competition. Rival products are dated and their technology is antiquated. Therefore, prior to market introduction we will not discuss 3M's distribution or plans nor our new products, which will carry the 3M Label.
 This business opportunity and product development is, in part funded by 3M. Additionally, by association, it can be expected this will benefit our current markets, enhance our products and the success that AIM Safety Co. presently enjoys.
 3M Company is an exemplary corporation -- with sales of approximately USD$14 Billion. They have an insightful dedication to quality and they are technically innovative and patently competent. 3M products are outstanding. They range from Scotch Tape, Scotch Guard, human hip-joint replacements and personal safety products to industrial process and telecommunications equipment. 3M is growing, profitable and research oriented -- some USD$900 million was spent in research alone for fiscal '92.
 From a marketing point-of-view -- 3M is simply considered top rate by those who count. They are "preferred suppliers" to big industry and are often winners of "supplier of the year" awards. 3M sales professionals are technically astute and through mutinational divisions, they are capable of efficiently marketing high quality technical products -- AIM products.
 We are fortunate to be associated with them.
 -0- 6/29/92
 /CONTACT: Steve deJaray of AIM Safety Co., 604-524-6711/
 (ASF) CO: AIM Safety Co. ST: British Columbia IN: SU:


EH -- LA011 -- 4492 06/29/92 08:02 EDT
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Publication:PR Newswire
Date:Jun 29, 1992
Words:416
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