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Non-Tech : SolPower SLPW, a new age fuel enhancer! -- Ignore unavailable to you. Want to Upgrade?


To: malibu who wrote (35)4/16/1998 4:03:00 PM
From: emergencyops  Respond to of 124
 
NEWS ... third licensing agreement!

Gary

Thursday April 16, 3:01 pm Eastern Time

Company Press Release

SolPower Fourth Quarter License Sales Reach $4.2 Million

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--April 16, 1998--Management is pleased to announce the sale of the Solpower Southeast License for $1.2 million.

The Southeast territory includes the states of Alabama, Arkansas, Florida, Georgia, Louisiana and Mississippi. This is the third license to be sold by the company and brings fourth quarter License sales to $4.2 million.

The company is pleased to announce the appointment of Warren Chester of Fountain Valley, Calif. to the company's Technical Division. Chester attended the University of Calif. (Berkeley), Department of Chemistry and after a distinguished career with the Narmco Materials Division, now Cytec, he established his own company and production facility.

He is a specialist in quality control, raw material evaluation and conformance to customer, company and government specifications and qualification of product to new specifications. He has served as plant engineer, moving products from laboratory status to production reality involving equipment and operating procedures, as international marketing manager and as general manager and chief executive officer.

Chester will be advising and assisting the company with all technical aspects of Soltron(TM) production, testing and regulatory compliance.

For Information Contact Investor Relations: Toll free:888/289-8866 Phone:602/947-6366 Email info@solpower.com website: www.solpower.com
------------------------------------------------------------------------
Contact:

SolPower Corp., Scottsdale
Corporate Relations, 888/289-8866 or 602/947-6366



To: malibu who wrote (35)4/16/1998 5:04:00 PM
From: emergencyops  Read Replies (1) | Respond to of 124
 
I can answer some of your questions. The product is packaged in two sizes. The small size is 200ml ( 3/ 4 of a pint roughly in size ) and the large size looks like about a gallon. The small size is designed for individual passenger car applications and the large size for trucks and heavy equipment with much larger fuel tanks. Both come with a separate upper chamber that precisely premeasures the correct amount based upon the size of your fuel tank. The containers are an eye catching transparent blue with yellow and white lettering and orange suns .... very attractive and professional packaging.

I met with the California Area Sales Manager and he is a seasoned chemical sales professional who has dealt with the City of Los Angeles, other municipalities and the private sector for years. He has a well established client list. He intends to appoint a northern and a southern California area manger who will then pick their respective sales forces. The company IMO is being very careful to pick the right people to market the product.

California is being reserved as a corporate territory and the Area sales manager will receive a percentage of sales

Hope this helps

Gary