To: richard lionhearted who wrote (20573 ) 11/18/1999 11:37:00 AM From: Joe Copia Read Replies (1) | Respond to of 25711
SEVT in China! Summit Environmental Announces Sales Agreement With Pinnacle Consulting Ltd. Of Hong Kong LONGVIEW, Texas, Oct. 5 /PRNewswire/ -- Summit Environmental Corporation Inc. (OTC Bulletin Board: SEVT - news) announced the completion of negotiations for the sale of its non-toxic, biodegradable industrial cleaners and fire suppressants to Pinnacle Consulting Limited of Hong Kong on October 5. Summit and Pinnacle culminated almost two years of negotiations that resulted in the execution of two exclusive licensing agreements. The first agreement is for the sale and distribution of Summit's products in the territory of Hong Kong and Singapore. Distribution for this region is scheduled to begin immediately. The second distribution agreement is for Japan. In Japan, the process of registering FlameOut(TM) and FirePower 911(TM) with Japanese Standards is just now underway. The testing will be similar to the testing the company has already completed for certification with Underwriters Laboratories, Applied Research Laboratories, the United States Environmental Protection Agency and the National Fire Protection Association. Previously the company has reported two additional marketing agreements: 1) sales and distribution to South America on September 24, 1999 2) retail sales of FirePower 911TM in the United States on September 10, 1999. Anyone interested in marketing opportunities or for more information, contact Keith Parker, CEO at 800-522-7841. Contact at summitenvironmental.com . Except for the historical information contained herein, the matters set forth in today's presentation are forward-looking statements within the meaning of the ``safe harbor' provisions of the private securities litigation reform act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These forward-looking statements speak only as of the date herein. Summit disclaims any intent or obligation to update these forward-looking statements. SOURCE: Summit Environmental Corporation Inc.