Venturi Technology Announces Strategic Alliance With Beaulieu Group
DALTON, Ga.--(BUSINESS WIRE)--April 20, 1999--Venturi Technologies Inc. (OTC BB:VTIX), a publicly held company, and Beaulieu Group LLC entered into a joint marketing agreement on April 14, 1999.
Venturi, a rapidly growing carpet-cleaning company, will continue to market its services in the cities where it has already established operations and continue its nationwide expansion.
Introducing the VenturiClean(SM) System, a revolutionary cleaning technology, Venturi plans to consolidate a fractured industry.
Venturi Chairman and Chief Executive Officer Gaylord Karren said: "Our technology is unique in that it allows us to clean and sanitize carpets without using chemicals or shampoos in the extraction process. This, along with shorter dry times, fills a major void in the industry."
Believing that quality and maintenance are two mainstays in preserving carpet life, Beaulieu enters into the joint marketing agreement to offer its dealers an advanced technology to provide better maintenance and increase consumer satisfaction.
"Beaulieu is putting forth its best efforts to produce high- quality carpet," said Carl Bouckaert, president and CEO, Beaulieu of America. "Despite our commitment to quality, however, improper cleaning methods can cause many problems and consequently many claims. Our goal is to reduce the number of service claims due to traditional, antiquated cleaning methods."
Through this introduction to thousands of Beaulieu retail dealers, Venturi will offer consumers a cleaning process that is highly effective yet chemical-free. This strategic marketing alliance will enhance consumers' confidence in the process -- from manufacturing through cleaning.
Venturi Technologies is an acquisition company whose mission is to consolidate a fractured industry by buying carpet-cleaning companies. Venturi has successfully been acquiring companies since 1995. It plans a nationwide expansion.
Beaulieu of America is the third-largest carpet and rug manufacturer in the world. The most fully integrated company in the floor-covering industry, Beaulieu controls production from raw materials to finished product. Vertical integration allows Beaulieu to control product-quality standards and ensures a continuous supply of material to meet marketplace demands.
Certain statements in this news release may contain "forward- looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve risks, uncertainties and other factors that may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to differ.
For more information on Venturi please visit their web site @ wealthstocks.com
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