BioTech Medics, Inc. Negotiating $5 Million SHBAN Alcohol Free Hand Sanitizer Licensing Agreement
27 January 2011 - 1:00AM
Marketwired
BioTech Medics, Inc., (PINKSHEETS: BMCS) announced today that it
has commenced negotiations for a $5 million U.S. licensing and
marketing contract for its patented SHBAN™ Alcohol Free Hand
Sanitizer. The final terms and parties to the agreement are
expected to be disclosed within a month. The proposed agreement
includes cash, preferred shares, future dividends and ongoing
royalties.
SHBAN wholesale sales were up 103% in 2010 over 2009 sales.
Emphasis for 2011 will be Internet marketing, Direct TV spots,
infomercials and special events.
SHBAN is superior to alcohol hand sanitizers because it is
non-flammable. Alcohol hand sanitizers are a Class I fire hazard.
The alcohol gel containers are like having a jar of napalm on your
desk or in your purse. Additionally, the Poison Control centers
have reported over 22,000 children and adults with alcohol
poisoning from ingesting alcohol gels. SHBAN is a green product
made with derivatives of sea weed and sea kelp. SHBAN is
non-poisonous (when used as directed); yet powerful enough to kill
most germs and viruses.
SHBAN's active ingredient is FDA approved as an antiseptic as
well as an antimicrobial solution. SHBAN is colorless and will not
stain most materials and jewelry. SHBAN's active ingredient has
been clinically proven to last four hours unless you sweat or wash
it off. SHBAN is gentle on hands.
SHBAN's new marketing slogan for 2011 will be "You wouldn't
think of wearing a deodorant for 30 seconds; so why are you using
an alcohol hand sanitizer that only lasts 30 seconds!"
Safe Harbor: Forward-Looking Statements This release contains
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 (the "Act"). In
Particular, when used in the preceding discussion, the words
"plan," "expect," or "intend to," and similar conditional
expressions are intended to identify forward-looking statements
within the meaning of the Act and are subject to the safe harbor
created by the Act. Such statements are subject to certain risks
and uncertainties and actual results could differ materially from
those expressed. The FDA has not evaluated the SHBAN statements
above. SHBAN is not intended to diagnose, treat or cure any
disease.
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Contact: Tom Wood Sr. V.P. Sales Phone: 972-274-5533
BioTech Medics (PK) (USOTC:BMCS)
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