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Gold/Mining/Energy : Raytec Capital (RCC.V)

RCC 25.00

0.0%

Dec 24 12:45 PM EST

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To: Sylvia Dupuis who wrote (432)	8/18/1999 12:32:00 PM
From: Wiselight	Read Replies (1) of 457

NEWS RELEASE / ShrinkGUARD? UPDATE Raytec Capital Corp. is pleased to report that orders have been received for ShrinkGUARD? display case matting. ShrinkGUARD? was launched earlier this year at the FMI trade show in Chicago. Raytec is committed to work with thirteen store chains across the nation representing 9,578 retail stores, over the next few months, to demonstrate the payback offered by ShrinkGUARD?. In-store tests so far have shown that ShrinkGUARD? delivers an average $40 per day increase in the amount of produce sold compared to its cost of only $8 per day. This represents increased revenues to the thirteen store chains of approximately $140 million annually compared to a cost of $28 million annually. The initial thirteen store groups targeted represent less than 25% of the total store chains in the United States. The phase three in-store roll-out will help Raytec develop a larger statistical database of benefits, and also give the potential customer a chance to witness the benefits firsthand. It is expected that the first significant product sales will take place later this year. Raytec has made food safety issues the new platform for company growth and expansion. In order to meet these needs Raytec has developed key technologies and patents around antimicrobial compounds. While the past few years have been focused on product development it has not been until recently that these products have been ready for the market. ShrinkGUARD? is a dry media chlorine dioxide technology (dmCl02) product, which was developed by Raytec just a few years ago. Having seen the initial success in developing dmCl02, other antimicrobial compositions for various product applications have been developed and will be finding their way into the marketplace in the future. Additional patents will be filed for these products and related field applications. Raytec has also developed a unique way to apply ShrinkGUARD? directly to produce to significantly reduce the amount of spoilage the produce incurs during storage and shipping. Patents and registrations are being sought to allow for the use of the product in this manner to add to the total program that Raytec is offering the perishable food industry. RCC/VSE RCPTF/OTCBB

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