SOURCE: Bioflamex Corp.

Bioflamex Corp.

March 07, 2012 16:10 ET

Bioflamex Corp. Announces Signing of Agent Agreement

COPENHAGEN, DENMARK--(Marketwire - Mar 7, 2012) - Bioflamex Corp. (OTCBB: BFLX) is pleased to announce that the Company has appointed the Danish fire services company P.L. Brandteknik as General Agent covering the Danish market as well as the Danish/German Femern Belt combined bridge and tunnel project.

This agreement will secure participation in the tender bids for the fire protective solutions to be incorporated into the EUR 5.5 billion bridge and tunnel project linking North Germany and Sealand, estimated to represent a EUR 75 million budget covering general fire protection measures. The cooperation with P.L. Brandteknik will also provide extensive exchange of know-how between the companies, and constitues a sales platform to the Scandinavian market.

The founder of P.L. Brandteknik, Mr Poul Larsen, is a 4th generation former senior fire-fighting officer with the Copenhagen Fire Services. Mr Larsen has provided valuable contributions to the development of the Bioflamex aerosol extinguisher and has facilitated the introduction of the Bioflamex Corp. product portfolio to fire services organizations in Scandinavia. Mr Larsen is a member of the Advisory Board of the Company.

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 environment 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 of 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 generate a $100million+ 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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