AFO International, Inc. Announces Name Change and Share Exchange Agreement with Human Unitec Souken Co., Ltd.
December 15 2008 - 3:05PM
Business Wire
AFO International, Inc. (Pink Sheets: AFOL) has announced the
filing of a name change to Human Unitec International, Inc. (Pink
Sheets: HMNU), a share exchange agreement with Human Unitec Souken
Co., Ltd., a Japanese corporation, and has acquired a new CUSIP
number (4485L 10 5). The new trading symbol is HMNU. The effective
date is December 15, 2008. Newly appointed officers and directors
of Human Unitec International, Inc. are: Mr. Kouichi Teshima,
CEO/President/Director; and Mr. Kouji Teshima,
Treasurer/Director/CFO. The office location is 2-2-20 Nihon Bashi,
Chuo-Ku, Tokyo, Japan Mr. Kouji Teshima during 30 years of service
at Toshiba Japan received numerous awards including Three Chief
Engineer awards, "Special Awards for Patent." Human Unitec Souken
Co., Ltd. Japan owns machines patented by them. Japan 5 (#3273757,
#3335896, #3392778, #3392808 and #3723158) U.S.A. 5 (#6186390,
#6386426, #6280858, #6457632 and #6651870) Human Unitec Co., Ltd.
was formed in December 2002. Prior to the patents, re-license
agreement dated June 24, 2008. The majority is owned by Human
Unitec Souken Co., Ltd. and Toshiba Corp. Hitachi, Mitsubishi Heavy
Industry. The patents are applicable to: Soldering material such as
threaded solder, powder solder, and cream solder consisting of
Sn-Zn system materials, and BCA balls, etc. Soldering devices to
which the materials concerned are applied. Cautionary Note
Regarding Forward-Looking Statements: Forward-looking statements in
this release are made pursuant to the �safe harbor� provisions of
the Private Securities Litigation Reform Act of 1995. Investors are
cautioned that such forward-looking statements involve risks and
uncertainties, including without limitation, continued acceptance
of the Company�s products, increased levels of competition for the
Company, new products and technological changes, the Company�s
dependence on third-party suppliers, and other risk detailed from
time to time in the Company�s periodic reports filed with the
Securities and Exchange Commission.
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