Preliminary discussions about a potential commercial relationship.
posted on
Mar 24, 2009 02:13PM
Edit this title from the Fast Facts Section
Attention Business/Financial Editors
TSX: EKO MONTREAL, March 24 /CNW Telbec/ - Noveko International Inc. (the "Company") is pleased to announce that its European subsidiary, Noveko Trading 2008 LLC ("Noveko Trading"), and Microban International, Ltd., a leading manufacturer and distributor of antimicrobial solutions for consumer, industrial and medical products, have engaged in preliminary discussions about a potential commercial relationship. No formal agreement has been entered into, but the parties have identified several opportunities where such collaboration could potentially be very attractive. Noveko Trading will be responsible for most of the international distribution of the products of the Company's subsidiaries. Profile Noveko International Inc. offers innovative health and environmental protection solutions with the objective of improving collective well-being. The Company, through its subsidiaries, specializes in the following business segments: the development and marketing of products in the biomedical and environmental fields, specifically face masks, air filters and other antimicrobial products and - the development, manufacturing and marketing of medical equipment, primarily portable real-time ultrasound scanners for use in human and veterinary medicine. Certain statements set forth in this press release constitute forward-looking statements. In some cases, these statements are identified by the use of terms such as "may", "could", "might", "intend", "should", "expect", "project", "plan", "believe", "estimate" or other comparable variants. These statements are based on the information available at the time they are written, on assumptions made by management and on the expectations of management, acting in good faith, regarding future events, including those relating to economic conditions, fluctuations in exchange rates and operating expenses, and the absence of unusual events entailing supplementary expenditures. Although management considers these assumptions and expectations reasonable based on the information available at the time they are written, they could prove inaccurate. Forward-looking statements are also subject, by their very nature, to known and unknown risks and uncertainties such as those related to the industry, acquisitions, labor relations, credit, key officers, supply and product liability. The actual results of Noveko International Inc. could differ materially from those indicated or underlying these forward-looking statements. The reader is therefore recommended not to unduly rely on these forward-looking statements. Forward-looking statements do not reflect the potential impact of special items, any business combination or any other transaction that may be announced or occur subsequent to the date hereof. The Company undertakes no obligation to update or revise the forward-looking statements to account for new events or new circumstances, except where provided for by applicable legislation. -30-
/For further information: Chantal Vennat, Director, Investor Relations and Corporate Communications, Noveko International Inc., (514) 875-0606, http://www.noveko.com/