InvestorsHub Logo
Followers 170
Posts 2105
Boards Moderated 0
Alias Born 05/11/2007

Re: None

Tuesday, 06/10/2008 9:44:46 AM

Tuesday, June 10, 2008 9:44:46 AM

Post# of 179
AROX news...

SAN CLEMENTE, Calif., June 10 /PRNewswire-FirstCall/ -- ALDEROX, INC. (OTC Bulletin Board: AROX - News), a world leader in productivity enhancing, environmentally friendly anti-stick release agents and lubricants to the mining sector, announces projects in the South American and Caribbean regions.
ADVERTISEMENT


Alderox, Inc. officially launched its marketing program in South America at the Expomin 2008 mining trade show in Santiago, Chile during April of this year. Alderox, Inc., along with its Chilean distributor, Ferson, S.A., http://www.ferson.cl received a great deal of interest from mines throughout South America, many of which are developing into contracts. At this time, the Company is working on a number of projects in South America, including; two coal mines in Colombia, three copper mines in Chile, one large iron ore mine in Brazil and three bauxite mines in Jamaica. Qualified potential customers have also contacted the Company from Venezuela, Ecuador, Peru and Bolivia.

Gordon Davies, President of Alderox, Inc., stated, "The South American market is growing much faster that we had originally anticipated. These mines have significant problems with carryback and ore build-up on equipment, especially those in areas where high humidity and rainfall are further exacerbating the problem." Mr. Davies went on to say, "Although this market is developing quickly, the Company is working with very well qualified, established distributors and agents throughout South America who are able to fully service these projects. The Company has also brought on in-house sales personnel who are fluent in English, Spanish and Portuguese in order to better serve our customers and agents." Mr. Davies concluded, "As the Company continues to develop the South American market, management has made the decision to target Australasia for next major marketing program. Australasia is a perfect market for the Alderox product due to the climate, the large number of mining operations and the proven existence of major issues related to carryback."

About Alderox, Inc.

Headquartered in San Clemente, CA with offices in Colorado, Utah, and Tennessee, Alderox, Inc. manufactures and globally markets its Alderox® line of release agents and lubricants to heavy industry. The Company's patented formulations, which are 100% environmentally friendly, biodegradable, non-hazardous and non-toxic, are used to reduce or eliminate the massive problems associated with the build-up of materials in mining haul truck beds and on mining equipment.


Alderox, Inc.'s website is located at http://www.alderoxasa.com.

Contact:
Mike Davies, CEO, Alderox, Tel. 949-542-7440

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.