TORONTO, ON--(NewMediaWire - Apr 21, 2017) - Amfil Technologies
Inc. (OTC PINK: AMFE) is pleased to announce that we have
jointly signed non-disclosure / confidentiality agreements with a
large hydroponic systems manufacturer and have begun the due
diligence process to engage in a venture to integrate and
distribute the GROzone EcoPr03 Antimicrobial System as a customized
add-on to their hydroponic systems. There will be dual
announcements naming the partner shortly as they have requested
additional time to prepare and so additional agreements can be
finalized. This manufacturer will be receiving their first EcoPro3
unit in the coming weeks.
The company manufactures an automated hydroponic vertical
farming system designed for use in the rapidly growing medical
marijuana industry. The system has also been designed to deliver
fluids, nutrients, and carbon dioxide more effectively and
efficiently than conventional growing systems. The system has been
recognized by several cannabis producers and distributors in
Canada, Europe and the US and has an established client base.
Additionally, through the deal with GROzone, the hydroponic system
will deliver ozone through the integrated EcoPro3 Antimicrobial
System, resulting in the ability to offer cultivators an
all-encompassing, highly efficient, and eco-friendly system to
produce medical grade marijuana.
Future growth strategies include expansion into the food sector,
targeting areas challenged by factors such as climate and
contaminated water sources, making it difficult to grow crops
utilizing traditional farming methods. The GROzone systems were
developed from existing technology which has been successfully
utilized in the food and beverage industry for over 20 years,
providing units for major companies such as Pepsi, Sun Pacific and
Nestle. The GROzone management team intends to use their technical
knowledge, expertize, and proven track record in the industry to
further grow and expand the reach of both companies moving forward.
A number of synergies between the two companies are being explored
and the respective management teams are anticipating a unified
expansion of both entities as a direct result of this strategic
partnership.
The immediate action would be to provide clients currently
utilizing the hydroponic system with the option of upgrading their
setups by adding the GROzone EcoPro3 Antimicrobial system allowing
them to complete their growing facilities with an all-encompassing
and automated system. The EcoPro3 technical team has calibrated a
system to integrate specifically with the current hydroponic
systems. This would ensure a smooth transition for current users,
whilst adding the peace of mind of an organic antimicrobial
solution to eliminate the risks associated with contamination.
Further from the EcoPro3 upgrade for current users, the companies
aim to develop, manufacture and distribute a fully integrated
hydroponic system providing full automation of plant rotation,
nutrient delivery, hydration, and fully organic antimicrobial and
sanitation process. This will reduce/eliminate the risks associated
with contaminated crops due to mold, pathogens and pesticides. All
of this, combined with the existing features and benefits of the
hydroponic technology, will position the companies to be the global
leaders in hydroponic technology solutions.
Further details relating to this venture will be released to
shareholders as they develop. Amfil Technologies Inc. intends to
continue our mission of attacking the contamination issue and
completely eliminate the use of chemicals and pesticides in the
production of all medical marijuana products.
In Other News:
GROzone has entered into discussions with a California
corporation to integrate the EcoPrO3 technology into a 10-acre
medical marijuana property which is in development. We will provide
updates on this initiative as they develop.
Snakes & Lattes Inc. has been exploring a number of
initiatives to further drive revenues and shareholder value. As a
result of this week's meeting, they have been invited to host
weekly events at the Rec Room in Toronto with a select team and
collection of board games to commence a working relationship and
showcase the Snakes & Lattes brand. Further to the commencement
of this strategic relationship, a large purchase order is being
finalized with a household name box store and is expected to be
finalized next week. We will provide a more detailed update on
these developments and other news related to Snakes & Lattes
Inc. next week.
Amfil Technologies Inc. has also approved a quote and selected
the PCAOB licensed auditor which will provide the audited
statements required for the up-listing and re-registration
process.
For more information on Amfil Technologies Inc. please visit our
website at www.amfiltech.com or follow us on twitter
at @AmfilTech. For more information on the GROzone technology
visit www.grozone.biz. For more information on Snakes
& Lattes Inc. please visit www.snakesandlattes.com.
About Us
Amfil Technologies Inc. is the parent company to three wholly
owned subsidiaries.
1). Snakes & Lagers Inc. holds the trade name and is the
owner of Snakes & Lattes Inc. which currently operates a 6,000
sq. ft. and a 7,500 sq. ft. tabletop gaming bars and cafes located
in Toronto, Ontario that brought in over $7M CDN in revenue last
year. It is in the process of opening a third location at 10,000
sq. ft., the largest to date. Snakes & Lagers Inc. is also the
procurement officer of all existing and future Snakes & Lattes
Inc. franchises and has the exclusive rights to sell franchise
locations globally. Snakes & Lattes Inc. was the first board
game bar and café in North America, is believed to be the largest
in the world and have the largest circulating public library of
board games in North America for customers to choose from. Snakes
& Lattes Inc. currently has a 90 member staff and recently
acquired the exclusive distribution rights throughout Canada for
some of the most popular board games in the world such as Cards
Against Humanity and Exploding Kittens. BlogTO.com recently named
Snakes & Lattes Inc. the best late night café in Toronto and
has also been named the best fulfillment house in Canada by Jamey
Stegmaier, the most influential blogger within the board game
fulfillment sphere. For more information on Snakes & Lattes
Inc. feel free to visit the website at www.snakesandlattes.com
2). The GROzone System was jointly developed between Amfil Tech
and A.C.T.S. Inc. which recently rebranded its technology under
Advanced Ozone Integration as an extension of the existing ozone
technology being utilized in the food and beverage industry and
integrated by A.C.T.S. into companies such as Pepsi, Nestle, Sysco,
Sun Pacific and many others. GROzone is a triple-function
sanitization unit capable of naturally eliminating 99.9% of water
and airborne pathogens and the typically problematic pests that
wreak havoc for cultivators (like aphids, whiteflies and spider
mites), as well as bacteria, fungus, microbes and mold on surfaces,
all without chemicals. The unit can also constantly regulate a
given facility's water supply, oxygenating the water and
maintaining a consistent PPM infusion of ozone that prevents the
formation of algae, bacteria or mold (allowing for comprehensive
water recycling), simultaneously removing the need to use
pesticides and/or dangerous, often carcinogenic products to treat
production problems, as is common throughout the industry today.
This environmentally-friendly solution also eliminates odors, while
slightly reducing the air temperature, lowering energy consumption
by the HEPA filtration and HVAC systems and could potentially allow
for a facilities process to be labeled certified organic in the
U.S.A. when the crop is no longer considered illegal on the federal
level, otherwise "Clean Green" or "Certified Kind" in the meantime.
The GROzone unit recently passed product review by a registered
USDA certifying agent for use in California as well as Pennsylvania
and surrounding states. More information on the GROzone line of
products can be found on the www.grozone.biz website.
3). Interloc-Kings Inc. is a hardscape construction company
servicing the Greater Toronto Area. This subsidiary is an
authorized Unilock installer, Unilock being, North America's
premier manufacturer of concrete interlocking paving stones and
segmental wall products. Interloc-Kings Inc. has an A+ Rating with
the Better Business Bureau (BBB) and a 10/10 rating on
homestars.com. Specializing in stone and wood installations between
$5,000 and $150,000 per project, Interloc-Kings Inc. has quickly
become a top, high quality installation company of outdoor living
areas in the GTA. More information on this subsidiary can be found
at the website www.interloc-kings.com
Safe Harbor Statement
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results, new features or services, or management
strategies) and other factors discussed from time to time in the
Company's Securities and Exchange Commission filings. These
statements are forward-looking and are subject to risks and
uncertainties, so actual results may vary materially. You can
identify these forward-looking statements by words such as "may,"
"should," "expect," "anticipate," "believe," "estimate,"
"confident", "intend," "plan" and other similar expressions. Our
actual results, such as the Company's ability to finance, complete
and consolidate acquisition of IP, assets and operating companies,
could differ materially from those anticipated in these
forward-looking statements as a result of certain factors not
within the control of the company such as a result of various
factors, including future economic, competitive, regulatory, and
market conditions. The company cautions readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The company disclaims any obligation
subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated
events.