SOURCE: Smokefree Innotec, Inc.

December 13, 2010 19:38 ET

Smokefree Innotec Receiving Offers From U.S. Distributors; Production of Filters Ramping Up to Meet Demands

IRVINE, CA--(Marketwire - December 13, 2010) - Smokefree Innotec, Inc. (PINKSHEETS: SFIO), an established international distributor of e-cigarettes (http://www.sfio.us or http://www.realsmokefree.com), announced today through its President and CEO Thomas Schroepfer, that "the Company is receiving offers from distributors in the U.S. market for its for nicotine and non-nicotine products, on the heels of the U.S. Court of Appeals for the DC Circuit affirming a lower court's decision that the FDA was wrong when it blocked a shipment of e-cigarettes from entering the U.S. in 2009; rather, they are to be regulated simply as tobacco products. The Company had already begun its marketing program for sales and distribution in the U.S. marketplace for its domestically produced non-nicotine product lines, and our attorneys are working to have the company do what is necessary for SFIO to comply with tobacco product regulations for its nicotine products from abroad as well as domestic production currently being set up."

Mr. Schroepfer also revealed that "In my recent conversations with the management of AHN Biotechnologie GmbH, our European supplier of our filters utilizing patented and proprietary nanotechnology to safely imbed controlled amounts of Nanobead-Flavour-Nicotine-Solution into the filters according to the DIN EN ISO9001:2000 standards (along with a number of new variety nicotine flavors), AHN has expressed enthusiasm in moving forward to elevate their production of complete mouthpieces for SFIO's high tech cigarettes to ship to SFIO's international and domestic production and final assembly facilities. Mr. Schroepfer declared that the lifting of the U.S. ban on e-cigarettes by the Appellate Court has inspired the SFIO team and all of its affiliates into action to seize this opportunity domestically and internationally to create breakthrough revenues and profits for SFIO, its shareholders, and for everyone associated with SFIO production and distribution."

About Smokefree Innotec, Inc: www.smokefree-innotec.com

Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing hi-tech, nicotine and non-nicotine cigarette-like delivery devices which are completely smoke and vapor-free and tobacco-free. Smokefree Innotec's products are designed to protect the non-smoker from second hand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking tobacco or similar substances is prohibited. Further, our products will allow the smoker to enjoy smoking either nicotine or flavored non-nicotine cigarettes while not having to worry about the offensive dangers and ill effects of regular cigarette smoking. However Smokefree Innotec products are not intended for any prevention or therapeutic treatment of any disease. Sources of public information regarding the FDA utilized in this press release include MedPage Today, Bloomberg Businessweek, and Forbes.com reports.

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. Disclosures made in this Press Release are limited by good business practice and to that permitted to the public by applicable securities regulations, both Federal and State, including rights granted to shareholders under the Nevada Revised Statutes NRS 78.257 regarding limitations of preferential and selective disclosure of confidential Company information.

Contact Information

  • Contact:
    Smokefree Innotec, Inc.
    George Roth
    CFO
    +1 949-309-2778