JER Partners With Promats Athletics, LLC to Develop New Product Line
07 August 2008 - 7:00AM
Marketwired
JER Envirotech International Corp. (TSX-V: JER) (FRANKFURT: KFTB)
is pleased to announce that the Company has partnered with Promats
Athletics, LLC ("Promats") of Salisbury, NC and Sportsfield
Specialties, Inc of Delhi, NY in introducing the first
thermoplastic biocomposite sheeting product for Promats'
EnviroZone? Product line of stadium wall safety padding. The new
product line will be called JERsport? Sheeting and was developed
jointly by JER Envirotech and Promats Athletics after more than 6
months of testing and trials. JERsport? Sheeting will offer end
users products that consist of up to 98% recycled polymer and
cellulose fiber content using post industrial sources of polymers
and bio fibers. JERsport? Sheeting will be offered exclusively
through Promats Athletics EnviroZone? product line and will offer
customers a non-toxic, high strength, dimensionally stable, and
most importantly recyclable product for their sports safety
applications. In announcing the introduction of the new product,
Promats Athletics issued their first Production Purchase order for
JERsport? Sheeting to JER Envirotech for production and delivery in
August 2008.
Established in 1985, Promats is a custom manufacturer of gym
wall padding, field wall padding, backstop padding, stadium padding
and athletic mat products which are produced in North Carolina. For
over 20 years, Promats has designed, manufactured, and installed
protective padding products for thousands of gyms, schools,
recreational facilities, and major stadiums and arenas throughout
the country and the world.
Wayne Oliver, President of Promats Athletics, LLC, stated that,
"JER's commitment to the co-development of a durable,
environmentally friendly product for our challenging sport
equipment marketplace concluded with the introduction of the
innovative JERsport? Sheeting. To be introduced as the backbone of
our new EnviroZone? Stadium Padding System, this product had to
meet stringent requirements, mission accomplished."
"We are pleased with this new relationship and opportunity for
JER to extend its product lines into a new generation of sports
safety applications with a leading company in the sports industry,"
states Edward Trueman, President and CEO of JER. "The development
of the JERsport? Sheeting product line is the culmination of
intense efforts by JER Envirotech's Research & Development team
and the extraordinary cooperation and assistance of Promats
Athletics production team. The new purchase order represents a
joint commitment to bringing the JERsport? Sheeting product line to
sport safety consumers throughout the world."
For more information on Promats Athletics, visit
http://www.promats.com
For more information on Sportsfield Specialties, visit
http://www.sportsfieldspecialties.com/
About JER Envirotech International Corporation
JER is a global manufacturer of thermoplastic biocomposite
compounds and sheeting. The Company's patented technology utilizes
waste or by-product materials, such as wood fibre or rice hulls, to
produce environmentally friendly alternative products for
applications in the construction, transport, automotive and toy
industries. The Company currently has a range of biocomposite
formulations which it developed in collaboration with the National
Research Council - Industrial Materials Institute of Canada.
JER currently has manufacturing operations in Canada, Malaysia
and the Philippines. The Company is publicly traded on the TSX
Venture Exchange (TSX) under the symbol "JER" and on the Frankfurt
Stock Exchange under the symbol "KFTB." For more information, visit
www.jerenvirotech.com or contact:
JER ENVIROTECH INTERNATIONAL CORPORATION
"Ji Yoon"
Mr. Ji Yoon
Chief Financial Officer
International: +1 (604) 940-9262
jyoon@jerenvirotech.com
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release. This news release contains
certain forward-looking statements that reflect the current views
and/or expectations of JER Envirotech International Corp. with
respect to its performance, business and future events. Investors
are cautioned that all forward-looking statements involve risks and
uncertainties including, without limitation, those relating to
changes in the market, potential downturns in economic conditions,
foreign exchange fluctuations, demand for thermoplastic
biocomposites, competition and our ability to implement our
business plans and strategies in a timely manner or at all. These
risks, as well as others, could cause actual results and events to
vary significantly. JER Envirotech International Corp. does not
undertake any obligations to release publicly any revisions for
updating any voluntary forward-looking statements.
Distributed by Filing Services Canada and retransmitted by
Marketwire
Investor Relations: Mr. Mark Komonoski VP Corporate
Communications Toll-Free: 1-877-255-8483 International: +1 (403)
470-8384 Email Contact
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