Business Services Industry
Bio-Warm Corp. Introduces Breakthrough Greenhouse Warming System Capable of Saving Farmers 80% Energy
Business Wire, April 25, 2005
LOS ANGELES -- Bio-Warm Corp. (OTCBB:BOWC)(Frankfurt Stock Exchange: A0DN3T) (www.bwarm.net) today announces that it has introduced a breakthrough greenhouse warming system that can save farmers up to 80% energy.
By using an innovative patented technology, the Company's conductive fabrics are buried into the ground to warm the roots of the plants. This breakthrough invention can save farmers up to 80% energy costs as compared to existing methods in the marketplace. In addition, the far infrared rays emitted from this system actually help the plants grow faster.
Sankoh Pharms Co, Ltd. of Japan, a leading manufacturer of animal feed and livestock care, which has placed a firm order for $4 Million worth of Bio-Warm's radiant textiles to dehydrate animal feed, has also expressed interest in placing an initial order for Bio-Warm's greenhouse warming systems valued at least $5 Million exclusively for Japan. Bio-Warm Corp. expects to announce major orders from Sankoh Pharms and other greenhouse operators in the near future.
John Park, President of Bio-Warm Corp., commented: "We are very excited of this new product; this could change the way we grow our vegetables, fruit and flowers in the winter time. The traditional ways of warming the greenhouse are very expensive and not very effective because most of the heat blown into the greenhouse escapes to the top. Our system allows the farmers to grow their products faster and more economically than ever before." Park added: "We may be on the verge of something great here, because greenhouse farming is a multi-billion dollar industry and we believe we have a product that every farmer will need."
About Bio-Warm:
Bio-Warm Corp., through its wholly-owned subsidiary Mirae Tech. Co, in Republic of Korea, is engaged in the research and development and production of electrical energy and environment related products. The Company holds several international and domestic patents and produces electric conductive textile heating panel, mat, wall paper, laminated floor paper, sauna, negative potential plate, negative ion plate, fomenting machine and noise related products like acoustic absorbent, soundproofing materials, etc. that protect the environment and enhance people's life quality.
Safe Harbor:
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
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