Cons Ecoprogress completes marketing agreement for China, Taiwan and
Korea
Consolidated Ecoprogress Technology Inc CES
Shares issued 6,255,129 Oct 19 close $0.34
Tue 19 Oct 99 News Release
Mr. Mike Daniels reports
Consolidated Ecoprogress Technology, producer of Simplicities, Harmonies
and Trutona brands of the world's first and only 100-per-cent flushable and
biodegradable feminine hygiene napkins and liners, has completed a sales
representation agreement with ID International LLC (IDI) for China, Taiwan
and Korea. These three countries are emerging growth regions in the
worldwide $25-billion (U.S.) absorbent core market.
ID International has access to more than 300 high-tech products and
technologies in the United States. This comes from its previous association
with the U.S. government's technology transfer program. IDI was directly
involved in the effort to transfer all R&D products sponsored by the
Department of Energy to private sector companies for commercialization.
Many of these products and technologies are associated with environment
monitoring, control and management.
IDI's network extends all across the world. IDI has branch offices in four
countries and distributors for many products in 21 countries. Each branch
office maintains direct connections to the highest-end industrial and
government decision-makers. The distributors are the top performers in each
industry. Currently, BDI is distributing products in medical,
pharmaceutical and cosmetic industries.
IDI will be responsible for identifying and selecting customers,
establishing sales channels and promoting Simplicities brand of feminine
hygiene napkins and liners within these countries.
The company has also agreed to allow ID International LLC to arrange
potential joint venture agreements as well as potential licensing
agreements for distribution and production within China, Taiwan and Korea.
Simplicities products are produced using the company's worldwide patented
B-9 film technology, a biodegradable plastic replacement. |
