A repost:
'SAN FRANCISCO, April 27, 2017 (GLOBE NEWSWIRE) -- Hybrid Coating Technologies Inc. (OTC:HCTI) is pleased to announce that it is working with a major Asian company with over $800M in annual revenue towards a potential distribution and joint development agreement.
Hybrid's Asian partner is finalizing testing on the company's zero isocyanate hybrid polyurethane hardener. Upon successful completion of the test, the partner will look to distribute Hybrid's hardener through its vast distribution network in Asia and to develop additional products based on Hybrid's proprietary zero isocyanate hybrid polyurethane technology.
"We are very pleased to be working with this large partner for the potential distribution of our hardener in Asia," said Joseph Kristul, President and CEO.
"As more partners come on board to distribute and use our proprietary zero isocyanate hybrid polyurethane hardener as a key raw material in their own products, it validates the company's strategy to help manufacturer's improve the performance of their products without using isocyanates."
Hybrid is working with several manufacturers and distributors in North America, Europe and Asia as it continues to add on more partners and increase its global distribution network in order to increase market penetration of its technology.'
