News OUT SFIO_
Smokefree Innotec, Inc.: Smokefree Innotec Announces Distribution Network for Benelux Countries and Greece
Nashville, TN, Apr 29, 2009 (M2 PRESSWIRE via COMTEX) -- Smokefree Innotec, Inc. (symbol: Pink Sheets - SFIO), announced today that it has entered into distribution agreements for its proprietary, smoke-free cigarette device for Greece, as well as for the Benelux countries, which consists of Belgium, The Netherlands and Luxemburg.
The smoke-free "cigarette", which gives the smoker the same smoking sensation as traditional tobacco products, will go into production in late 2009. According to European VP Manfred Bogaert, launching in those two European markets, each having distinct demographic infrastructures, will enable Smokefree Innotec to tailor its marketing techniques to a variety of consumers. The Company expects the cost of its European product to be comparable to regular cigarettes. The Company also anticipates further test-marketing in the State of Pennsylvania, which, it believes, will lead to an estimated multi-million dollars of worldwide revenue in the 18 months following launch of the product.