SOURCE: ThermaFreeze Products Corp

May 06, 2008 08:17 ET

ThermaFreeze™ Products Corporation and Recover Gear Announce Pact for Line of Compression Garments

RED BANK, NJ--(Marketwire - May 6, 2008) - ThermaFreeze™ Products Corporation (PINKSHEETS: TFZP) and Recover Gear/Fizio (www.recovergear.com), announced today the adoption of ThermaFreeze™ in Recover Gear/Fizio's compression product line.

Steve Petitt, CEO of Recover Gear, stated, "As a former professional baseball player and World Class triathlete, I got tired of balancing ice packs on injured areas of my body. Recovery Gear/Fizio is a recovery system that incorporates compression and hot and cold therapy in 6 different garments with pockets able to insert ThermaFreeze™ to provide relief to muscles, joints and tendons. We have tried every gel pack on the market, but they all proved to be too heavy and cumbersome, and don't have hot and cold capability. Our research showed that ThermaFreeze™ stays cold 4 times longer than conventional gel packs and is much lighter and flexible, so it doesn't weigh down our garments when inserted into the pockets of our garments. I'm pleased to announce that Recover Gear/Fizio will be using ThermaFreeze™ exclusively as our hot and cold modality source. There is no other system on the market today that combines our unique technologies. Ice and compression has been around for a long time, but until Recover Gear/Fizio, incorporating ThermaFreeze™, there has never been a more effective and efficient way to provide hot and cold therapy."

Jim Bolton, Chief Operating Officer of ThermaFreeze™, stated, "Recover Gear/Fizio is a great compression product line. Serious and recreational athletes, along with anyone that experiences joint and muscle pain will find Recover Gear's compress products beneficial."

About ThermaFreeze

ThermaFreeze™ Products Corporation (http://www.thermafreeze.com) manufactures and markets a patented, innovative refrigerant product designed for use in the commercial shipment of perishables, and for use as a consumer compress and chiller product. ThermaFreeze™ refrigerant, is flat, light-weight and flexible, even when frozen. In addressing industry needs, the goal was to produce a non-toxic, low-weight, flat, highly efficient refrigerant. ThermaFreeze™ pads act as the refrigerant packaging component designed to maintain optimum, full-coverage temperatures throughout the cold-chain process. ThermaFreeze™ pads are configured to keep payloads within a designated critical temperature range over a specified transit time provided by the shipper. ThermaFreeze™ pads are also used in a variety of consumer applications. Because the product is dry and made up of 2 thin pieces of material it can be stored efficiently, freeing up a cabinet or freezer space. Once needed ThermaFreeze™ can be manually hydrated and put into the freezer a couple of hours before use, or can be kept frozen for use as needed. ThermaFreeze™ can go into lunch bags, coolers and even be wrapped around bottles, cans etc.

About Recover Gear/Fizio

The Recover Gear System (www.recovergear.com) combines the properties of a compression garment with the healing aspects of hot and cold modalities.

The concept of sewing pockets on the quadriceps, hamstrings and calf muscles of compression tights was the birth of Recover Gear. This creative yet simple concept has evolved into a patented system like no other. Recover Gear's product line includes:

Tights - quadriceps, hamstrings & calves

Shorts - quadriceps & hamstrings

Shirt - shoulders & lower back

Elbow Sleeve - elbow & forearm

Knee Sleeve - knee

Ankle Sleeve - ankle, foot & Achilles.

Legal Notice Regarding Forward-Looking Statements

No statement herein should be considered an offer or a solicitation of an offer for the purchase or sale of any securities. This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although the Company believes that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Forward-looking statements, which involve assumptions and describe our future plans, strategies, and expectations, are generally identifiable by use of the words "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to adverse economic conditions, intense competition, lack of meaningful research results, entry of new competitors and products, adverse federal, state and local government regulation, inadequate capital, unexpected costs and operating deficits, increases in general and administrative costs, termination of contracts or agreements, technological obsolescence of the Company's products, technical problems with the Company's research and products, price increases for supplies and components, litigation and administrative proceedings involving the Company, the possible acquisition of new businesses or technologies that result in operating losses or that do not perform as anticipated, unanticipated losses, the possible fluctuation and volatility of the Company's operating results, financial condition and stock price, losses incurred in litigating and settling cases, dilution in the Company's ownership of its business, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss or retirement of key executives and research scientists, changes in interest rates, inflationary factors, and other specific risks. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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