Primix Corporation (PMXX)

[hellothere]

25% up friday not bad
Primix Corporation (NASDAQ OTC:PMXX) developer and manufacturer of the "Primix Tie" is delighted to announce that a Joint Venture/License Agreement between Primix Corporation and Qingdao Maple Leaf Environmental Technologies, Inc. (QMLET) was finalized and signed on April 28th, 2005. This agreement allows QMLET to produce the "Primix Tie" exclusively in China. This contract was signed pursuant to The State Intellectual Property Office of the Peoples Republic of China allowing the Primix patent for a composite railroad crosstie. Primix filed a patent application in China on November 12, 1999 based on its US patent application. This application was published in the Chinese Patent Gazette for Invention, Volume 18, Issue Number 4. The application was granted on December 24, 2004. The Chinese Patent Certificate will be issued about June 8, 2005. This much anticipated development has been a major hurdle in the signing of a Joint Venture/License Agreement with Qingdao Maple Leaf Environmental Technologies, Inc.