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Integrated Environmental Technologies, Ltd. Expands Commercial Markets to Europe Through License Agreement and Sale of EcaFlo® Equipment
LITTLE RIVER, S.C.--(BUSINESS WIRE)--Integrated Environmental Technologies, Ltd. (OTCBB: IEVM - News) announced today that it has executed and secured funds for its first international license agreement with a Geneva, Switzerland holding company, Atlas Developpement, S.A. for all industries except oil and gas in the country of France. In a strategic business expansion mode, IEVM has inked an exclusive, royalty-bearing license deal with Atlas Developpement, S.A. for EcaFlo® equipment and its EcaFlo® Anolyte. EcaFlo® Anolyte, whose active ingredient is a naturally-occurring substance known as hypochlorous acid, is the only ECA-produced, U.S. EPA-registered broad-spectrum, “green” hospital disinfectant. Atlas Developpement has purchased its first in a series of IEVM’s EcaFlo® equipment and has committed extensive resources to moving forward with the business development phase of commercialization in France. The first use of EcaFlo® Anolyte will be in the agricultural industry, with a primary focus on controlling destructive pathogens in extensive vineyard properties.
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“EcaFlo® Anolyte and Integrated Environmental Technologies – an amazing product produced by an amazing company,” said Ms. Mary Palko, a Fort Worth, Texas resident and key shareholder in Geneva-based Atlas Developpement, S.A. Representatives of Atlas concur that “hypochlorous acid is produced by the human body to counteract infection by micro-organisms and to ward off viruses, bacteria and other unwanted pathogens. What we didn’t know until we researched Integrated Environmental Technologies, Ltd. was that the electro-chemically activated water solution, known as EcaFlo® Anolyte, is now available from a truly reliable source…the EcaFlo® equipment.” Palko further stated, “This changes everything for us. We only use eco-friendly technologies in our projects, such as the Domaine de Saint Remy sustainable development in France. Now we will have a pathogen control agent that is safer for humans and animals, ‘green,’ more effective than hazardous chemicals, and less expensive than most disinfectants.”
IEVM President and CEO, Bill Prince, stated, “We know that commercialization of our environmentally-responsible disinfectant in Europe will prove beneficial for the environment and for our shareholders. Atlas Developpement is well-positioned to bring the world to us, one successful step at a time.” Prince further added, “Atlas’ expressed interests in licenses to include six additional European countries and their business acumen in rolling out sales and service of our EcaFlo® equipment and of our product are unquestionable. We are excited to welcome Atlas’ team of executives, technical representatives and sales people, who are all scheduled to undergo an intensive factory training program this month.”
EcaFlo® Anolyte will be an integral part of the Atlas Developpement portfolio, which includes technologies such as biodegradable plastics, solar panels that will provide substantial energy to France’s national grid, and its various agricultural operations.
About IEVM: Integrated Environmental Technologies, Ltd. operates through its wholly-owned subsidiary, IET, Inc., and is a publicly-traded company (OTC:BB “IEVM”) located in Little River, South Carolina. IET’s mission is to be the leading provider of sustainable, innovative technologies that improve the health and safety of the environment. For investor relations information about Integrated Environmental Technologies, Ltd., please visit www.ietltd.net. To learn more about I.E.T., Inc.’s EcaFlo® products, please visit our website at www.ietecaflo.com.
About Atlas Developpement, S.A.: Atlas Developpement, SA is a Swiss business organization that puts ecological principals in practice for economic gains, yet always with the goal of sustaining the planet’s natural resources. To learn more about the Domaine de Saint Remy sustainable development, being undertaken by Atlas Developpement, SA, please visit www.mas-saintremy.fr.
Forward-Looking Statements: The statements in this press release regarding the international license agreement, sale of an EcaFlo® device, future international license agreements statements, future opportunities and any other effect, result or aspect of the unit and any other statements, which are not historical facts, are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, costs, future purchases, applicability of IEVM’s technology, costs, delays, and any other difficulties related to IEVM’s business plan, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. The Company undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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