PFSD PFSD : PACIFIC SANDS INC (OTC) All Headlines
Pacific Sands Inc. Announces Its Product Evaluation by the Wal-Mart WIN Program
CLOVIS, Calif.--(BUSINESS WIRE)--Aug. 25, 1999--The company (OTC BB: PFSD) announced that their product had been sent through the Wal-Mart Innovation Network WIN Program at the Southwest Missouri State University.
It was no surprise to them that it had scored the highest score in the past 22 years.
Let me give you a few quotes from Dr. Gerald G. Udell, who developed the WIN Program 22 years ago. Dr. Udell said, "To the best of his recollection only one or two other inventions have received scores this high and none have exceeded this rating. Under the PIES (Preliminary Innovation Evaluation System) format the maximum rating is .50 and we are exceedingly miserly with the top .20 percent of the scale. Only about 10-15% of the inventions reach the .40 mark and only 6% reach .42 and are referred to Wal-Mart. Last year only 1 of about 400 inventions reached the .43 mark. I have assigned an SLR of .475 to Natural Water Technology."
Speaking to the flexibility of the product Dr. Udell says, "The application of this technology is exceedingly wide, ranging from the clean-up of gold mine tailings, to baby's diapers, to the food we eat, to the sewage we produce in abundance. Not a week has gone by that some new use has occurred to us. The possibility of industrial, institutional and consumer uses for this technology is immense."
"There is no such thing as a fail safe technology, but technologies like yours come pretty close to the mark. The reason is simple. In contrast to most inventions which are dependent upon a single potential market application for commercial success, this technology has numerous possibilities for success, thereby reducing the risk associated with commercialization quite substantially. Few technological innovations have so many potential applications and therefore, so many opportunities for success."
It is the intent of Pacific Sands to leverage this evaluation of its products into the retail market. We are currently negotiating with multiple sales organizations for the purpose of launching our Pool, Spa, and Pet Products.
This release is covered under the "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Certain information included in this release that are not historical facts are forward looking statements that involve a number of known and unknown ricks and uncertainties, including but not limited to, the company's ability to successfully implement a strategy of continued growth. The company's actual results, performance or achievements may differ materially from any future results, performance or achievements expressed or implies in any forward-looking statemen
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