Ventura, CA, July 25, 2005 --(PR.com
)-- International Power Group, Ltd. (IPWG) signed a non-exclusive agreement with FranTech International Licensing, Inc. (FranTech), of Ventura, California, which grants FranTech the right to market IPWG's environmental protection services through FranTech's network of 600 agents in 220 countries to governments around the world.
The company explained that the IPWG environmental protection services are uniquely suited to meet the needs of most countries. They include waste reduction remediation, compaction and shallow burial of hazardous waste.
Tony Toscano, President of IPWG, said, "We chose FranTech because of their tremendous geographic reach and proven track record in establishing licensing agreements. With more than 35 years of experience, FranTech knows international trade policy, law, marketing, investment banking, and technology research. Its broad expertise, coupled with access to key governmental decision makers, provides services uniquely valuable to IPWG overseas."
The company explained that FranTech's mission is to foster the development of the global economy by providing a global perspective to developers, marketers, manufacturers and innovators on newly emerging and preemptive technologies. It offers world-class solutions for the licensing and transfer of USA innovations to emerging economies.
Philip Nadeau, CEO of FranTech, said, "We see a tremendous market worldwide for environmental protection services and already have interest from several countries. We plan on developing brand name recognition and positioning of IPWG with many governmental agencies where we already have relationships in place."
About International Power Group, Ltd.
The International Power Group environmental protection services consist of waste reduction, remediation, compaction and shallow burial of hazardous waste. IPWG is dedicated to promoting cooperation among energy producing industries and nations through the advancement of environmentally friendly practices.
The focus of International Power Group is to manage the safe collection, remediation and transportation of hazardous and radioactive waste. IPWG is dedicated to the promotion of cooperation among energy producing industries and nations through the advance of environmentally friendly practices and the continued development of cutting edge technologies. IPWG is uniquely positioned to address the various waste management needs of developing nations as well as the waste disposal needs of industrial nations around the world.
About FranTech International Licensing, Inc.
FranTech consists of core partners surrounded by interlocking networks of consultants and affiliates in key trading countries and disciplines. They have over thirty-five years of experience with their proven partners. In addition, FranTech has proven track records in assembling, negotiating and consummating trade, licensing, technological and financial agreements; they pool strengths drawn from experience in international trade policy, law, marketing, investment banking and technology research. This broad expertise, coupled with access to key governmental and business decision makers, provides services uniquely valuable to IPWG in the restructuring global economy. IPWG is pleased to commence a strong working relationship with FranTech.
FranTech’s mission is to foster the development of the Global Economy by providing a Global Perspective to developers, marketers, manufactures, and innovators of newly emerging and preemptive technologies. They offer world-class solutions for the licensing and transfer of USA innovations to emerging economies in 220 countries worldwide for over thirty-five years.
For information on this exclusive technology contact FranTech at (805) 653-5264.
Safe Harbor Statement: Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will" or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission.