SOURCE: MSE Enviro-Tech Corp.

October 26, 2009 08:34 ET

MSE Enviro-Tech Corp. and Janus Products Corp. Sign Memorandum of Understanding Regarding the Titan21 Fire Blanket

MIAMI, FL--(Marketwire - October 26, 2009) - MSE ENVIRO-TECH CORP. (MEVT) (PINKSHEETS: MEVT) (FRANKFURT: MEH) is pleased to announce that it and Janus Products Corp. (Janus) have signed an MOU (Memorandum of Understanding) whereby:

--  Janus will transfer all the Titan21 Fire Blanket rights to a wholly
    owned subsidiary of MEVT (to be incorporated immediately).
--  Janus will implement a complete online e-commerce site of its Titan21
    Fire Blanket products along with a North American-wide affiliate program.
--  Sales from all online sources will have a revenue sharing split of 75%
    to Janus and 25% to MEVT.

The MOU also covers such items as inventory costs, etc. and Janus further proposes to assist and turn over all contacts and potential sales of its Titan21 Fire Blanket product to direct buyers in such industries as Hotel, Restaurant, Fire Products Wholesale Industries and other retail and wholesale outlets and any sales derived from such non-internet related sales will have a revenue share of 80% to MEVT and 20% to Janus.

The MOU, signed by both MSE Enviro-Tech Corp. and Janus Products Corp, will serve as the basis for a binding agreement between the companies regarding the promising Titan21 Fire Blanket.

The Titan21 Fire Blanket

The Titan21 Fire Blanket protects people, including fire fighters, from fire, and can also be used to blanket, and extinguish, the fire source. It is ideal for houses, offices, hospital, hotels, buses, ships, nightclubs etc. Unlike synthetic fire blankets, that are designed to only withstand flash fire, the Titan21 Fire Blanket protects from flash fires as well as DIRECT FIRE attack.

Obviously, the Titan21 Fire Blanket is of particular value in any fire rescue operation, where it can wrap the person being rescued in what is, effectively, a completely fire-retardant cocoon of safety. It is also of great value for such critical applications as military operations, camping and other uses where risks may be greater than usual and safety is of paramount importance. The Titan21 Fire Blanket will not burn or be penetrated by flames, acting as a wall of protection against fire.

MSE Enviro-Tech Corp.

MEVT owns the United States marketing rights to the Hartindo line of anti-fire products that represent an extraordinary and proven technology for fighting and preventing accidental fires. The environmentally friendly Fire Extinguishing and Fire Inhibiting properties of Hartindo products address a wide range of critical needs in fire prevention, including the overall goal of lowering the enormous losses, in both life and property, caused by accidental fires across North America each year. MEVT is planning a marketing campaign and the establishment of a nationwide network of agents and distributors for the exciting Hartindo product line.

"We are confident that the MOU signed with Janus Products Corp. will quickly lead to a definitive agreement that will benefit both companies as they move forward together to fulfill the strong potential that is inherent in the exciting Titan21 Fire Blanket," stated Mr. Gilles Trahan, CEO-President of MSE Enviro-Tech Corp.

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Common Shares Outstanding: 15,979,373

Safe Harbor Statement

This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the company's products, increased levels of competition, product and technological changes, the company's dependence upon financing and third-party suppliers, and other risks detailed from time to time in the company's materials. Statements are subject to change without notice. We assume no obligation to update any forward-looking statements and nothing herein should be taken as a promise or representation.

Contact Information

  • For further information:
    MSE Enviro-Tech Corp.
    Investor Relations Contact:
    Mr. Brent O'Connor
    +1 647 343-2549