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Biotech / Medical : SAFS (Safescience, Inc.) formerly IGGI. Hot Potential
SAFS 0.00010000.0%Oct 31 9:30 AM EST

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To: Daniel Levin who wrote (53)7/27/1998 2:35:00 PM
From: Redhead  Read Replies (1) of 110
 
Here we go folks......news*******************

biz.yahoo.com
Monday July 27, 8:27 am Eastern Time
Company Press Release
SOURCE: SafeScience
SafeScience Brand Expands Into Cleaning Products That Offer High Performance, Product Safety and 50% Cost Savings
SafeScience to Market and Distribute Biodegradable Products From Delta-Omega Technologies, Ltd.
BOSTON, July 27 /PRNewswire/ -- SafeScience, Inc., (Nasdaq: SAFS - news) today announced it has signed an exclusive worldwide agreement with Delta-Omega Technologies, Ltd., (OTC Bulletin Board: DOTK - news) to market and distribute technologically advanced, biodegradable cleaning products under the SafeScience(R) World Brand. This contract is the fourth exclusive product marketing and distribution agreement SafeScience has signed in 1998.

''This agreement demonstrates our ability to introduce products that have equal or improved efficacy over harmful chemical products and are more economical to use,'' said Bradley Carver, President, SafeScience., Inc. ''The benefits of the Delta-Omega products, especially the oven and drain cleaners, go beyond pure economics, because they provide a safe alternative to the hazardous chemical products that currently dominate this category.''

Mr. Carver continued, ''The agreement with Delta-Omega is testament to the rapidly developing recognition of the SafeScience(R) brand concept. Companies producing products that are chemically safe for human health and the environment see the SafeScience(R) family brand of products as an effective way to penetrate consumer markets.''

''The economic and environmental benefits of these cleaning agents, as demonstrated in multiple studies, is unmatched by anyone else in the industry,'' said Andy Gordon, Vice President of Sales and Marketing, Delta- Omega Technologies, Ltd. ''SafeScience, Inc., is providing a way for us to introduce our products to consumers that select SafeScience(R) products as a lifestyle choice.''

Under the terms of the exclusive agreement, SafeScience will have the worldwide rights to market the following products to consumers:

Greenleaf(TM) All Purpose Interior House Cleaner; a multi-functional, high performance cleaner that minimizes future cleaning needs
Greenleaf(TM) Oven Cleaner; a non-toxic, fresh-smelling household oven cleaner that is as effective as current chemical cleaners
Greenleaf(TM) All Purpose Exterior House Cleaner; a surfactant for heavy lubricants and greases, that dissolves carbon and emission deposits on a wide variety of surfaces including stone, concrete, marble and metal
Greenleaf(TM) Hand Cleaner; a revolutionary product that is used by home, garden and car owners for quick removal of soil and grease from hands
Greenleaf(TM) Automotive Wash'N Wax; a surface friendly cleaner/wax that lifts dirt and road grime while protecting the vehicle's finish
Greenleaf(TM) Engine Cleaner; a safe engine cleaner that rapidly liquefies heavy grease and grime build-up from engines and vehicle undercarriages
These innovative products are technologically advanced because they are made from water-based blends of surfactants and adjuvant solubilizers. The products are designed to replace chlorinated, petroleum distillate, terpene- based solvents traditionally used in the cleaning and renovation industries. Greenleaf(TM) Multi-functional Cleaning Products and Greenleaf(TM) Automotive Cleaning Products are safe for humans and the environment and provide alternatives to chemical laden, flammable solvents.

The economic advantages of these products have already been demonstrated in commercial use. The Multi-functional Cleaning Products reduced cleaning costs up to 57% on large fleet vehicles and up to 64% on high-occupancy mass transit buses. In addition, these products enhanced worker safety, reduced environmental liability and minimized chemical storage. Tests have also shown that these products will offer the same kind of substantial savings and benefits in daily consumer use.

Delta-Omega Technologies, Ltd., is a performance chemical company involved in the research, development and manufacturing of environmentally safe products that have applications in soil remediation; commercial, military and industrial cleaning; firefighting and emergency response. These products replace many hazardous, flammable, toxic and ozone depleting chemicals in specific applications for commercial, military and industrial users. More information is available on Delta-Omega's web site: deltaomega.com.

SafeScience, Inc., is developing and in-licensing a portfolio of efficacious agricultural, pharmaceutical and consumer products to be marketed under the world brand 'SafeScience(TM)' as an alternative to conventional products employing potentially harmful chemicals. The Company's human therapeutic products include a unique compound to treat cancer, which is in human clinical trials at the M.D. Anderson Cancer Center, as well as a promising antifungal compound, CAN-296, for the treatment of human fungal infections. Further information is available on SafeScience's web site: safesci.com.

SafeScience Safe Harbor Statement

Any statements contained in this release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including, but not limited to, risks of product non-approval or product development and market acceptance risks, the impact of competitive products and pricing, the results of current and future licensing and other collaborative relationships, the results of financing efforts, developments regarding intellectual property rights and litigation, and other risks identified in the Company's Securities and Exchange Commission filings. Actual results, events or performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as the date hereof. The Company undertakes no obligation to release publicly the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

SOURCE: SafeScience
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