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Fragrance Express Inc. and NationalBoston Medical Inc. Announce Completion of Share Exchange
October 9, 1998 10:16 AM
POMPANO BEACH, Fla.--(BUSINESS WIRE)--Oct. 9, 1998--National Boston Medical Inc., headquartered in Taunton, Mass., said Friday it completed a share exchange and gained a controlling equity ownership position in Fragrance Express FGRX , a Nevada corporation
headquartered in Pompano Beach.
National Boston Medical is the developer and marketer of Safeshield(tm), an anti-bacterial/antiviral lotion that is comfortable to use and provides a minimum of 3 hours of protection from a broad range of common bacteria and viruses. Unlike the competition, Safeshield(tm), for which a patent has been applied, contains no alcohol and it offers documented, measurable test results.
The company is also the exclusive distributor in the United States and Canada of Bontempi Dental and Surgical Instruments. Based in Rimini, Italy, Bontempi is a privately held designer and manufacturer of high quality, precision instruments internationally recognized as among the finest in surgical design and quality. 1997 European sales totaled approximately $60 million.
Fragrance Express Inc. imports, exports, and markets fine fragrances from around the world, cigars from Nicaragua and other points in the Southern Hemisphere, and chocolates from Europe. It plans to roll out these products through retail catalog, internet, and telemarketing sales, and through interactive kiosks.
The company said it expects to effect a change of name, symbol and cusip number over the next 10 days, and will announce these changes as they occur.
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