Environmental Technologies Corporation Signs Exclusive Agreement
7 August 1998
Environmental Technologies Corporation Signs an Exclusive Agreement with Air Refrigerants, LLCLAKEWOOD, N.J., Aug. 6 -- Environmental Technologies Corporation announced today the signing of an exclusive agreement with Air Refrigerants, LLC to manufacture and market Free Zone RB 276 refrigerant to all automotive and stationary markets in the United States. In addition, Environmental Technologies acquired the rights to expand into certain overseas markets. Free Zone RB 276 refrigerant is the most widely accepted environmentally safe replacement for R-12 (CFC-12) in air conditioning applications. It contains a near azeotropic blend of the R-134a and R-142b refrigerants, as well as, a high lubricant package, which has been patented (US Pat. No. 5,492,643). Free Zone RB 276 has been listed by the US Environmental Protection Agency as SNAP acceptable, in addition, to approval by the military with NSN #6830-01-6674. This proprietary refrigerant is formulated to match the thermodynamic properties and operating characteristics of R-12. Designed to facilitate a "Quick Change," it does not require any retrofit parts, (except EPA required service port fittings) adjustments or a system flushing. Environmental Technologies believes that Free Zone RB 276 will be a good compliment to its existing product offering and a substantial area of growth in the company's future. * Certain statements contained herein are forward-looking statements. Actual results could differ materially from those presently anticipated as a result of various factors which are described in more detail in the Environmental Technologies' 1997 Annual Report on Form 10-K. Please consider all information available in the documents filed with the Securities and Exchange Commission, including without limitation, the cautionary statements relating to "forward-looking statements."