SOURCE: Bioflamex Corp.

Bioflamex Corp.

March 13, 2012 16:10 ET

Bioflamex Corp. Announces Aerosol Production Partnership

COPENHAGEN, DENMARK--(Marketwire - Mar 13, 2012) - Bioflamex Corp. (OTCBB: BFLX) announced today that the Company has entered into a production partnership agreement for its Bioflamex aerosol extinguishers, with a highly specialized European aerosol production company

One significant feature of Bioflamex Corp.'s proprietary and patent-pending Bioflamex aerosol extinguishers is the fact that it utilizes recycled CO2 as propellant.

The exclusive partnership agreement will enable the company to benefit from the production partners's advanced proprietary CO2 aerosol production technology, which -- amongst a number of features -- optimizes production. Using CO2 as propellant will enable the Company to fill up aerosol bottles with appx. 15% more product compared to conventional aerosols, which impacts positively on material usage and margins on sales.

The partner's production experience and technology play a significant part in enabling Bioflamex Corp. to market its Bioflamex aerosol products at highly competitive end-user prices, and still maintain satisfactory margins on the volume business.

This agreement also ensures production capacity to meet the projections for U.S. and International sales, as Bioflamex aerosols will constitute an estimated 60% of volume and an important component in reaching its goal of becoming a $100 million company within 5 years.

The production partner has a policy not to participate in general public announcements, and will for that reason remain anonymous.

About Bioflamex Corp.: Bioflamex Corporation is a company focused on the development, production and marketing of its proprietary "clean tech" and advanced high performance fire prevention and -- fighting products and systems.

With its global scope, Bioflamex Corp. primarily aims at penetrating its main market segments with its proprietary Bioflamex aerosols and Sentinel wildfire detection and prevention systems. The mission is to protect the environments while saving lives and property from fires. The Bioflamex Corp. products can enhance private households' ability to safely and efficiently fight and prevent home fires, and increase the ability to protect private and public property in forest fire prone areas with little or no contamination of the environment.

In a $100 billion fire safety and electronic security market, Bioflamex Corp. aims to become a leading "clean tech" niche player and to generate a $100 million+ turnover within the next 5 years.

FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company's business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations about the Company's business. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements. These statements involve risks that are difficult to evaluate. Actual results can vary from descriptions herein due to many factors including changes in metal prices and business conditions; changes in laws and regulations; problems encountered in exploration and obtaining permits; changes in the competitive environment; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements.

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