SUMMIT ENVIRONMENTAL CORPORATION INC - Lighthouse America Signs Agreement to
Sell FirePower 911
New York, New York, Nov 20, 2001 (Market News Publishing via COMTEX) -- Summit
Environmental Corporation, Inc. announced the executing of an agreement with a
direct sales company, Lighthouse America for the sale of FirePower 911(TM).
Lighthouse America doing business as TeamFire, has previously sold a fire
prevention product through a network of 7000 direct dealers.
The joint effort between each company will combine the efforts of an established
sales organization and Summit's portable fire extinguisher FirePower 911(TM),
the only portable aerosol fire extinguisher in the marketplace today, which
meets the National Fire Protection Association Standard 10.
The particular standard is required in order for a portable fire extinguisher to
be legally sold. State Fire Marshals regulate the sales of fire extinguishers
within their own states. Cease and desist orders are issued to all violators
that market non-rated fire extinguishers.
The National Fire Protection Association reports that there is a residential,
emergency spot fire occurring ever 2.7 seconds. FirePower 911(TM) is the only
rated and validated fire extinguisher in an aerosol can in the world that meets
the NFPA 10 requirements.
"It is very satisfying after all the effort we have put into this product, to
find a company with the appreciation for the NFPA 10 approval. Lighthouse
previously experienced the involvement with the State Fire Marshals due to
misrepresentation from a previous product supplier. When they found FirePower
911(TM) and the unique rating and validation certification, which Summit
possessed, their issues were solved," said Keith Parker, CEO.
"According to Lighthouse, they had $1,600,000 in sales in an eight-month period
prior to State Fire Marshall enforcement action. FirePower 911(TM) has given
their organization their business back," stated Parker.
First shipments of FirePower 911(TM) by the pallet will begin this week.
Lighthouse will sell a product package that consists of a six-can case, mounting
brackets, and the 6-can counter display box developed by Summit.
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.
CONTACT: TEL: 800/522-7841 Keith Parker, Summit Environmental Corp.
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