SOURCE: Transfer Technology International Corp.

April 28, 2008 07:30 ET

Transfer Technology International Announces Letter of Intent to Acquire Patent Rights for Unique Wall System Fencing

TAMPA, FL--(Marketwire - April 28, 2008) - Transfer Technology International Corp. (PINKSHEETS: TTIN) announced today the signing of a Letter of Intent to acquire the intellectual property rights involving a novel methodology for wall systems and fencing. This technology, which is trademarked under the Rhino Wall Systems name, Patent # 7,146,775B2 has a history of generating revenues and has been successfully used in the Tampa Bay market for several years.

The Rhino wall system is unique due to being corrosion resistant, easily installable, and removable and can be installed for approximately half the normal cost and time of traditional concrete walls.

"We are excited about acquiring this patent and its intellectual property rights for this growing market in the wall and fencing markets," Mr. Chris Trina, Chairman and Chief Executive Officer exclaimed. "Our company will be exploring licensing partners worldwide in the construction related industries and we are very excited to add this intellectual property to our existing portfolio of patents."

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About Transfer Technology International Corp. (PINKSHEETS: TTIN)

The company was formulated on the premise of acquiring, procuring and funding of current technologies, research and intellectual properties for the transference of these technologies for commercialization. We anticipate generating revenue from a variety of methods including transfer fees, licensing and strategic alliance fees and the sale of intellectual properties.

Disclaimer and Forward-Looking Statements -- The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of The Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

Contact Information

  • Contact for Investors:

    Mr. Christoph A. Trina
    Chairman and CEO