Tuesday, February 02 2010 4:01 PM, EST BIO-CLEAN, INC. Enters Into Joint Venture Agreement with ACT Clean Technologies, Inc. Business Wire "US Press Releases "
NEWPORT BEACH, Calif. --(BUSINESS WIRE)-- Bio-Clean, Inc. (OTCBB: BOCL) ("Bio-Clean" or the "Company") (www.biocleanbocl.com), announced today that it has entered into a Joint Venture agreement with ACT Clean Technologies, Inc. , (ACLH. PK) (www.actcleantech.com) to establish a distribution and fulfillment center for their new degreaser, and multipurpose cleaner.
Darrin Holman , President of Bio-Clean said, "With potential purchase orders of approximately $1,000,000 or more, to bottle, package, fulfill, and distribute our new and improved aqueous-based, environmentally-friendly degreaser and multipurpose products, purchased through American Bio-Tech Cleaning, Inc. , a wholly owned subsidiary of ACT Clean Technologies, Inc. , and American Bio Clean , we have entered into a Joint Venture Agreement with ACT and ABT to fulfill the contracts upon final receipt from the distributor. The names of the new products are soon to be announced."
Russell Kidder , President of ACT said, "We look forward to working with Mr. Holman and his team at Bio-Clean to provide our expertise in bottling, packaging, and the distribution of the new and improved degreaser and multipurpose cleaner. We expect the joint venture to be long-term and profitable for all."
ABOUT Bio-Clean, Inc. (OTCBB: BOCL)
Bio-Clean distributes line of industrial cleaners and restoration products that are a blend of biodegradable, heavy duty surfactants and "LIVE" naturally occurring microbes.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of our exploration program at our properties and any anticipated future production. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with cleaning fluid and development stage exploration companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission .
Source: Bio-Clean, Inc.
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