dPollution International Inc.

dPollution International Inc.

January 20, 2011 11:06 ET

dPollution International Inc. (RMGX) Signs Business Marketing and Advisory Agreement Opening Door to Sales in Mercosur Common Market

The South American trading bloc's four full-member states, Argentina, Brazil, Paraguay and Uruguay, have a combined population estimated at more than 242,000,000.

NEW YORK, NEW YORK--(Marketwire - Jan. 20, 2011) - dPollution International Inc. (PINK SHEETS:RMGX) announced today it has entered a three-year business advisory agreement with the Mercosur common market during which time Mercosur's Chamber of Industry and Commerce will assist dPollution in building its business and generating sales in Mercosur member countries.

Mercosur is a South American economic trade zone comprised of four full-member states, Argentina, Brazil, Paraguay and Uruguay, with a combined population estimated at more than 242,000,000. Bolivia, Chile, Colombia, Ecuador and Peru currently have associate member status in Mercosur.

On March 26, 1991, the governments of Argentina, Brazil, Paraguay, and Uruguay signed the Treaty of Asuncion to form the Southern Common Market (Mercosur), which would set up a customs union and common market by the end of 1995. The Mercosur will potentially provide the largest market in Latin America.

Argentina and Brazil will supply the bulk of the trade and investment opportunities for U.S. businesses. The increase in market size will allow businesses to exploit economies of scale in such sectors as agribusiness, electronics, aircraft and parts, chemicals/petrochemicals, franchising, computers and peripherals, telecommunications, auto parts, and financial services.

All member countries have ratified the Treaty of Asuncion and have agreed to reduce import duties to zero for trade among themselves, by the end of 1994 for Argentina and Brazil, and by the end of 1995 for Uruguay and Paraguay. Through the full implementation of the Mercosur in 1995, the member countries are reducing import duties every six months according to a negotiated schedule that began on Jan. 1, 1992 with a 47 percent reduction, increasing to 100 percent (no duty) by the end of 1994 (1995 for Uruguay and Paraguay).

The Mercosur evolved as an extension of agreements between Argentina and Brazil dating back to July 1986 that began an economic integration process consisting of trade accords covering specific industries such as capital goods, auto parts, and processed foods. Argentina and Brazil decided to replace this cumbersome sectoral approach with a bilateral treaty calling for the phase-out of all tariff and non-tariff trade barriers between themselves. The treaty became the basis of the Mercosur that now includes both Paraguay and Uruguay.

The Mercosur Chamber of Industry and Commerce supports business growth in the trade zone by helping international companies understand local business requirements, make contacts and execute their business strategies.

Under the terms of the agreement, the Mercosur Chamber of Industry and Commerce will provide dPollution with advisory and consulting services, including management, marketing and public relations consulting.

The chamber's services will include introducing dPollution to potential joint-venture partners that have an interest in implementing dPollution's clean-energy technologies and products in the public and private sectors.

Also as part of the agreement, a Mersosur executive will be appointed to sit as a member of the dPollution advisory board.

"We're excited to enter the huge Mercosur common market with our proven pollution reduction and gas savings technology," said dPollution's President and Chief Executive Officer Rocco Di Fruscia. "This is a major announcement for our company to kick off 2011, and we expect to have a lot more news to share in the weeks and months ahead."

The Mercosur Chamber of Industry and Commerce conducts business across the Mercosur common market area through offices located in each member country.

About dPollution International Inc.

dPollution (PINK SHEETS:RMGX) owns the exclusive manufacturing and distribution rights to a patented fuel-conditioning technology that reduces polluting emissions and increases mileage. dPollution's innovative products improve engine performance by causing fuel to combust more efficiently and completely. The technology works on all closed-combustion engines, including those used in cars, trucks, buses, trains and heavy equipment. For more information, visit www.dPollution.com.

Forward looking statements

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of the 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Risk factors listed from time to time in its news releases and its filings with the PinkSheet OTC Market Services may impact the Company's actual performance and future results. Actual outcomes and results could materially differ from what is expressed, implied, or forecasted in forward-looking statements.

Contact Information

  • dPollution International Inc.
    Rocco Di Fruscia
    President & CEO
    514 586-3799
    dPollution International Inc.
    Michael Di Pumpo
    Public Relations
    514 586-3799