Marmion industries (fka MMIC)

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The Value of Third-Party Certification

"Press Release Source: Marmion Industries Corp


Marmion Industries Corp (MMON) CEO Further Updates Shareholders on the Company's Position as a Potential Beneficiary of Foreign and Domestic Defense Expenditures
Thursday December 9, 9:30 am ET


HOUSTON, TX--(MARKET WIRE)--Dec 9, 2004 -- Marmion Industries Corp (OTC BB:MMON.OB - News) CEO Wilbert H. Marmion, in an effort to keep shareholders apprised of wholly owned subsidiary Marmion Air Service progress, updates the status of the Third Party Certification for its Wall Mount Units. Marmion Industries Corp announces the completion of the third party certification test machines and are ready to be shipped the first week of January. Once received by the Third Party Certifier, finalization can be expected within 4-8 weeks.
Marmion commented, "this third-party certification will allow us to participate in initiatives with numerous private sector concerns that have a significant need for our type of specialty explosion-proof products and expertise." Further acknowledging the powerful position the third-party certification will afford Marmion Air Service, Marmion continued, "we will be in a position to compete for a number of new contracts both inside and outside of the United States. It truly is a very exciting time in the company's history.""

The Value of Third-Party Certification

Of all conformity assessment procedures that give assurance that a product, proc-ess or service conforms to specified re-quirements (safety, health and the envi-ronment), third party certification providesthe greatest value. Third party certification:

Is independent, Is cost effective, Results in safer and more reliable prod-ucts, Has immediate acceptance in the mar-ketplace, Instills consumer confidence, Distinguishes manufacturers making compliant products, and Can aid in defense of a product liabilityaction.

Each of these benefits is discussed in more detail below.

One of the key distinctions between third party certification and other forms of con-formity assessment is independence. Third party certifiers provide an objectivereview of product safety and performance free from both the economic demands ofthe marketplace and internal companypressures because they have no financial interest in the sale of products. This en-sures that products meet the specified requirements (relating to safety, health and the environment) to which they are being evaluated.

Third party certification is more cost effec-tive than, for example, manufacturer’s self-declaration of conformity or testing andevaluation by the purchaser. This is be-cause manufacturers and purchasers need not buy the testing equipment or hire staff competent to perform the evaluationof the products...(More)

http://64.233.167.104/search?q=cache:INyS5Hfn7EAJ:www.us.tuv.com/product_testing/field_evaluations/T...