Universal Ice Blast Signs Manufacturing Agreement With Prometco Inc.
Agreement Will Provide Working Capitol for Automotive Industry Orders
KIRKLAND, Wash., Oct. 17 /PRNewswire-FirstCall/ -- Universal Ice Blast, Inc. (OTC Bulletin Board: UIBI) announced today that they have entered into a manufacturing licensing agreement with Prometco Inc., a machine builder and metal fabricator in Woodinville, Washington.
"Prometco's experience and lean manufacturing capabilities will inevitably lead to lower costs for us. This agreement will also give Universal Ice Blast the working capital necessary for orders from the automotive industry," noted Rory Clarke, Chairman & CEO of UIBI.
Clarke went on to observe, "The quality of Prometco's product was evident in the machine we delivered to Ford earlier this year. This is a win-win for both companies as our product line supplements their machine building business and at the same time frees our staff to concentrate on product development, design and marketing. We have developed a close working relationship with John Mike, COO, and the team at Prometco, working together to get our product delivered in record time."
Kees Dros, Managing Director of Universal Ice Blast Europe, reviews UIBI's progress in Europe in an interview with Francis Gaskins of IPODesktop.com . The interview is available at stockupticks.com
Universal Ice Blast, Inc. has a patented process known as the Ice Blast Technology. UIBI has positioned the technology into three billion-dollar markets: Precision Cleaning (automated production cleaning/de-burring): Industrial Cleaning (fixed systems parts cleaning, petro-chemical and pulp and paper): and Environmental Cleaning (lead paint and asbestos abatement off steel bridges and building structures). Since 1995 the company has actively engaged in developing its technology for these markets. Substantial testing and field-research with major clients within large markets has now brought the company to full commercialization of its products in these markets.
For further information please contact Devon Blaine, Blaine@pacificnet.net , or Richard Goldman, rmgoldman@post.harvard.edu , both of The Blaine Group, +1-310-360-1499, or fax, +1-310-360-1498, for Universal Ice Blast, Inc.
SOURCE Universal Ice Blast, Inc.
CONTACT: Devon Blaine, Blaine@pacificnet.net , or Richard Goldman,
rmgoldman@post.harvard.edu , both of The Blaine Group, +1-310-360-1499, or
fax, +1-310-360-1498, for Universal Ice Blast, Inc.
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