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Press Release Source: Victor Industries Victor Industries Signs Canadian
Distributor Thursday, October 10, 12:02 am ET MCMINNVILLE, Ore.--(BUSINESSWIRE)Oct. 2, 2002Victor Industries, Inc. (OTCBB:VICI - News) announcedthat the Company has entered into an exclusive distribution agreement withServimex Canada LTD. Servimex will have exclusive distribution rights inCanada, Mexico, Brazil, Argentina and Chile. "Leandro has arranged theproduction of a Canadian approved version of our ENVIROLIZER(tm) box withboth French and English on the package. His initial order of 5 tons will beshipped in one ton super sacks and boxed locally. We have been concentratingour efforts at marketing primarily in the west so far but have received someinterest from the East coast as well. As I said in our last release I willannounce distributors as they are signed," said Carson Coleman CEO of theCompany. "The exclusive nature of Servimex Canada LTD is dependent oncertain minimum orders in which I have confidence Mr. Silva can meet andhopefully exceed. We have to remember that this is the first product of itskind offered on the market and to expect a lengthy educational process.However, as the consumer comes to realize the convenience of watering andfertilizing their plants less frequently as well as the environmentalbenefits of reducing nitrate and phosphate pollution the Company believesour orders will continue to increase." This news release may containforward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the SecuritiesExchange Act of 1934, as amended. Such statements are subject to risks anduncertainties that could cause actual results to vary materially from thoseprojected in the forward-looking statements. The Company may experiencesignificant fluctuations in operating results due to a number of economic,competitive and other factors. These factors could cause operation resultsto vary significantly from those in prior periods, and those projected inforward-looking statements. Information with respect to these factors whichcould materially affect the company and its operations are included oncertain forms the company files with the Securities and Exchange Commission.Contact: Victor Industries Carson Coleman, 503/435-8165 email@example.com Servimex Canada LTD Leandro Silva, 204/452-0964 Fax: firstname.lastname@example.org Source: Victor Industries Email this story - Set a NewsAlert>
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