Press Ventures dba Biosafety Systems Inc., Expands Into European Market With New Corporate Headquarters
September 05 2013 - 4:04PM
Press Ventures Inc. (OTCQB:PVEN)
("Press
Ventures" or the "Company"), is pleased to announce that the
Company has established a new European Union (EU) corporate
headquarters.
With the recently announced addition of our new CEO, it made
strong business sense to have a new corporate focus in the EU where
Mr. Denkiewicz's extensive business contacts and vast experience
will enhance the Company's efforts to bring its product to the
marketplace rapidly. There is strong support within the EU for
"natural" biosafety solutions for the food and commercial building
sectors. The Company feels that EU business development is a very
important opportunity for its patented Cedar Leaf Oil Diffusion
("CLO-D") technology.
"Through our research, we have come to believe that the EU
represents an enormous multi-billion dollar market opportunity for
our patented cedar oil biosafety system, the Company, and its
shareholders," stated Mr. Edward Denkiewicz, CEO of Press Ventures
dba BioSafety Solutions Inc. "There is a global movement away from
the use of harmful chemicals in our lives and our all-natural
biosafety solution has been proven to be 100% safe, while still
effectively eradicating dangerous bacteria and viruses from
affecting humans. The opening of this new corporate headquarters in
Warsaw, Poland is a truly exciting step forward for the Company and
will form a base of operations in the center of what we feel will
be one of our main global markets."
Traditionally, Europeans have shown a strong resistance to
dangerous chemical biosafety solutions that can negatively affect
human health. The potential EU market targeted for the Company's
patented Cedar Leaf Oil Diffusion ("CLO-D") technology is estimated
at over $28 billion to target bacteria and viruses in food
processing facilities alone. The Company will also target another
potential multi-billion market opportunity in hospital biosafety.
Hospitals are constantly fighting the spread of infectious diseases
and bacteria on a daily basis. While the Company's CLO-D technology
is the premier effective all-natural biosafety solution which has
been proven 100% safe and not harmful to humans, there are no
assurances that the Company will be successful in developing or
exploiting such potential markets.
About Press Ventures
Press Ventures owns the worldwide rights to the patented Cedar
Leaf Oil Diffusion ("CLO-D") technology for the use of natural
non-human harming vapors 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.biosafetysolutionsinc.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, size and potential of the EU market for the
Company's products, global movement away from the use of harmful
chemicals, size and potential of the food processing facilities and
hospital biosafety markets for the Company's products demand for
natural biosafety solutions, exploitation of business
opportunities, target markets, strategic business goals, rise in
diseases, 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 Contact:
1-888-709-1550
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