No Fire Technologies, Inc. (OTC “NFTI”), manufacturer of patented, high performance, intumescent fire protective paints and coatings, today announced an agreement with and initial orders from Comex Group, one of the largest paint manufacturers and distributors in North America. Comex will market and distribute No Fire products in Mexico and Central America for commercial, industrial and residential applications through their network of more than 3000 exclusive stores.
Initial orders for No Fire A-18 paint, slated for commercial applications, total approximately $125,000. Discussions are ongoing for exclusive marketing and distribution of No Fire products in western U.S. states and Canada, through their retail outlets, one of the largest in the world.
“We are excited about this new relationship with Comex,” said Dr. Samuel Gottfried, CEO, “and the potential it offers for penetrating new markets through their extensive retail operations.”
No Fire is a patented, nontoxic, waterborne, intumescent coating that can be applied to a variety of materials using brush, roller or spray, similar in application to ordinary paint. Its unique properties are zero Flame Spread Index, zero Smoke Developed Value, and zero Toxicity. It is a high viscosity coating designed for us in applications where expected exposure is either high temperature or long duration, including commercial and residential construction, shipping, storage facilities, nuclear power plants, military, utilities and automotive.
This press release may contain forward-looking statements, which are made pursuant to the harbor provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so called “forward-looking statements” by words such as “may,”“will,” should,”“expects,” “plans,”“targets,” “believes,”“anticipates,” “estimates,”“predicts,” potential,” or “continue,” or the negative of those words and other comparable words. These forward-looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks, is described from time to time in the Company’s filings with the SEC.We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filled by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by application federal securities laws.
This press release is available on NFTI’s web site at www.nofire.net
Contacts:
Al Margino, Director of Marketing
Tel:
201-818-1616
Fax: 201-818-8775
nofire@nofire.net
