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AMFIL TECHNOLOGIES INC. PROVIDES UPDATE ON MEDICAL MARIJUANA INITIATIVE & GROZONE PRODUCT LINE

Dec 27, 2016
OTC Disclosure & News Service

Toronto, ONT, Canada -

Amfil Technologies Inc. (OTC Pink: AMFE) is pleased to announce the appointment of Mr. Brian Allossery to spearhead the sales and marketing effort of the company's GROzone technology for the medical marijuana industry. Mr. Allossery has been active and successful in the marketing and development of early stage companies and products since 1996 and Amfil expects he will be an integral asset to the company as we begin the marketing of the GROzone product lines on both the commercial and retail level.

GROzone was started in 2014 by way of a Joint Venture with Ambrose Fillis & A.C.T.S. systems, the creators of the original ozone technology with successful installations in companies such as Nestle, Pepsi, Sysco Foods and Sun Pacific. Through the JV the technology was modified and developed specifically for the medical marijuana industry.

Since the inception of GROzone in 2014, our technicians have had the opportunity to beta test at a licensed marijuana production facility in Colorado, allowing them to calibrate the technology to ensure the efficacy and efficiency to specifically target both large and?small scale marijuana cultivation requirements. With the testing stage completed and interest from the cultivation industry, Amfil welcomes Mr. Allossery on board to service all?inquiries and lead the full scale drive to bring the GROzone product to market in 2017.

Further to the launch of the GROzone sales initiative, Amfil Technologies is in discussions with a company that produces a revolutionary 'rotary' hydroponic growing system which is poised to be the future of the production and manufacturing side of the industry.?The 'rotary' system requires only a third of the floor space required by traditional hydroponic systems. This system is also stackable which makes it possible for facilities to exponentially increase the volume of their production yields.? Amfil is in discussions to create a customized GROzone system? that would be sold as an add-on?to the existing systems this company creates and sells. We hope to announce the closing of this deal in January 2017.



The company will also be making an announcement shortly potentially revising its original estimated impact on revenues due to the most recent acquisition of Snakes & Lagers upwards from the originally expected $2-$3M annually as numbers have been coming in more favorably than originally anticipated.



To learn more about the GROzone technology and product line feel free to visit this subsidiaries website at www.grozone.biz. To learn more about Amfil Technologies Inc. please visit our website at www.amfiltech.com.





Safe Harbor Statement



This news release contains statements that involve expectations, plans or intentions (such as those relating to future business or financial results, new features or services, or management strategies) and other factors discussed from time to time in the Company's Securities and Exchange Commission filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results, such as the Company's ability to finance, market the technology, complete and consolidate acquisition of IP, assets and operating companies, could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company such as a result of various factors, including future economic, competitive, regulatory, and market conditions. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.



CONTACT:



Roger Mortimer

President

Amfil Technologies Inc.

Telephone: [phone]

Email: [e-mail]



SOURCE: Amfil Technologies Inc.