SOURCE: Smokefree Innotec, Inc.

Smokefree Innotec, Inc.

February 23, 2010 09:00 ET

Smokefree Innotec Belgium Receives Initial Order for 16,000 Units

NASHVILLE, TN--(Marketwire - February 23, 2010) -  Smokefree Innotec, Inc. (PINKSHEETS: SFIO) ( or announced today that its Belgian Branch Office for Europe, Smokefree Innotec bvba in Antwerp, received last Friday a significant order of 16,000 packs from a large wholesaler in the Benelux. Delivery of this order is planned for March 15th 2010. As of that day, the smokeless product will be distributed within the 8 following weeks to a large network of over 5,000 vending machines all over Belgium. At the end of March Smokefree Innotec will also participate in the retail fair, organized by this wholesaler to present the smokeless product to its network of retailers (17,500 outlets consisting of gas stations, supermarkets, convenience stores, newspaper stands and tobacco shops). At this fair the wholesaler's clients can directly order their goods to be delivered soon after.

GM Europe Manfred Bogaert stated, "I am confident that this important order signals the start to open the market in the Benelux with a well spread network of points of sales where the smokeless product will be available. A press conference will be conducted soon after to initiate an awareness campaign aimed at the smoking audience."

SFIO President Thomas Schroepfer declared: "We are finally succeeding in achieving yet another major goal. This important agreement proves that the smokefree products are in demand. As of next month, our products are planned to be available in a network of stores and vending machines well spread all over the Benelux. However, at this stage it is not prudent to name the wholesaler, but we will soon update our shareholders on these confidential details."

View this release in video format:

About StockProfiler.US
StockProfiler.US is a media source for publicly traded companies and investors to come together and discover market opportunities. Public companies can effectively broadcast their message to a targeted audience who come to StockProfiler seeking an advantage by discovering companies in their startup phase or ones who have yet to be discovered by the investment community.

A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may", "could," or "might" occur. Such statements reflect the current views of Smokefree Innotec Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release.

Contact Information

  • Contact:
    Smokefree Innotec, Inc.
    Kim Carroll
    Investor Relations
    +1 949 630 9831

    StockProfiler.US LLC
    Jay Hughes
    +1 603-424-4420