Universal Ice Blast Selects Todd Engineering as Exclusive Licensee for Canadian Markets
Thursday July 15, 1:28 pm ET
KIRKLAND, WA--(MARKET WIRE)--Jul 15, 2004 -- Universal Ice Blast, Inc. (OTC BB:UIBI.OB - News), a leading authority in ice blast technology, is pleased to announce the selection of Todd Engineering Ltd. of Ontario as its exclusive licensee in Canada. The decision is a part of the company's marketing strategy for Ice Blast technology and is in preparation of sales and leasing contracts anticipated later this year. While the Company continues to produce and develop new technologies in-house, this strategic partnership allows the Company to gain access to Todd's clients and provides Todd with a new product line on an exclusive basis.
Rory Clarke, CEO of Universal Ice Blast, Inc. said, "As a niche business they are very easy to work with and their lower overhead means they can deliver our ice blast deburring and cleaning systems at competitive prices to traditional high pressure water and brush deburring systems. Furthermore, they are known for delivering creative solutions for over 30 years to a variety of industries, which is part of the attraction. By licensing our technology to Todd we have a partner that will allow us to gain access to the Canadian automotive market and serve as a low cost builder for US clients."
"The needs of our customers have driven us to this technology; we are thrilled to have it," said Ken Schwencker, President, of Todd Engineering Ltd. "We have traditionally manufactured brush/water blast machines, which adversely affect the surface of the component and are not effective in removing deep burrs. The ice blast technology not only handles these problems, it has opened the door to other markets including metal and plastic deburring. We are already working with Magna (one of the most diversified automotive suppliers in the world) as well as other clients in Canada."
About Universal Ice Blast, Inc.
Since 1995, Universal Ice Blast, Inc. has developed patented Ice Blast Technology as a superior alternative for high pressure water and chemical cleaning systems. The Company conducts field research with major clients and has strategic partnerships through which it licenses its technology. Headquartered in Kirkland, WA, the Company operates in U.S. markets and (via European partners) throughout Europe. Please visit the corporate website at www.iceblast.net.
This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.
Contact:
Contact:
Equitilink
877-788-1940
Source: Universal Ice Blast, Inc.
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Todd Engineering site: toddeng.com |
