Press Ventures Announces Completion of Industrial Design Study and 3D Engineering Schematics for Patented CLO-D Biosafety Sys...
03 October 2013 - 7:30AM
Marketwired
Press Ventures Announces Completion of Industrial Design Study and
3D Engineering Schematics for Patented CLO-D Biosafety System
WARSAW, POLAND--(Marketwired - Oct 2, 2013) - Press Ventures
Inc. (OTCQB: PVEN) ("Press Ventures" or the "Company"), through its
wholly-owned Polish subsidiary Biosafety Systems, Inc. Sp z o.o.,
is pleased to announce that it has completed an industrial design
study and generated engineering renderings for its patented Cedar
Leaf Oil Diffusion ("CLO-D") biosafety system.
"These new schematics will enable the Company to showcase its
patented technology using the 3-D designs as a tool for parties
interested in our solutions," stated Mr. Edward Denkiewicz, Press
Ventures CEO. "Biosafety Systems' customers will be able to
evaluate the mechanical workings of the systems and order units
engineered specifically for their applications."
The CLO-D biosafety Systems schematics detail three unique
product offerings for commercial, residential, and industrial
applications. Mr. Denkiewicz concluded, "One of our main business
drivers going forward is to enable the Company to automate the
entire engineering procurement process to maximize our
efficiencies, improve quality control, and better manage capital
while achieving our full sales potential. The completion of
these 3D schematics represents a significant milestone towards
meeting that automation goal."
About Press Ventures
Press Ventures holds the worldwide rights to the patented Cedar
Leaf Oil Diffusion ("CLO-D") technology for the use of natural
products to kill bacteria, mold, and viruses in buildings. The
patented CLO-D technology has been shown to be capable of killing
many deadly bacterial and viral substances such as anthrax and H1N1
in buildings while they are still occupied. The CLO-D
technology has been laboratory and field tested and the Company
believes that use of the technology can provide a marked
improvement in air quality and eliminate many of the most dangerous
airborne bacteria, viruses, and pollutants. For additional
information about CLO-D technology and Press Ventures, please visit
www.biosafetysystemsinc.com
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" as that
term is defined in Section 27(a) of the Securities Act of 1933, as
amended, and Section 21(e) of the Securities Exchange Act of 1934,
as amended. Statements in this press release that 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, automation of the engineering procurement
process, capability of the Company's technology and market
information. 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 developing new products or
technologies and operating as a development stage company, our
ability to retain important members of our management team and
attract other qualified personnel, our ability to raise the
additional funding we will need to continue to pursue our business
and product development plans, our ability to develop and
commercialize products based on our technology platform, and market
conditions. 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 any
beliefs, plans, expectations and intentions contained in this press
release are reasonable, there can be no assurance that any 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 the reports and other documents we file with the SEC,
available at www.sec.gov.
Contact: Investor Relations 1-888-709-1550 IR@kingstonir.net
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