NFTI NoFire Technologies Inc (PK)

NoFire Technologies, Inc. (OTC �NFTI�), manufacturer of patented, high performance, intumescent fire protection paints and coatings, today announced contracts between its Mexican distributor, Especialidades Industriales, and the contractors for Hospital Angeles de Puebla and Hospital Metropolitan in Mexico City, for delivery and application of NoFire paint. Shipments of NoFire paints for these projects, in excess of $160,000, will be made bi-weekly over the next four months. These projects, representing the largest application for NoFire in Mexico to date, are part of Especialidades Industriales� marketing efforts to expanding commercial construction projects, including chain stores, hospitals and hotels. In addition to Mexico, NoFire Technologies is developing foreign construction applications in Canada, the Middle East, West Africa, Europe, and several nations in the Pacific Rim. �Fire protection in the construction industry is a major application for NoFire Products,� said Dr. Samuel Gottfried, CEO, �and Especialidades Industriales is an important part of our network to penetrate markets outside the U.S. The many civilian, marine and military approvals of our products demonstrate their high performance and qualification for a wide range of applications for current and new markets.� NoFire Products comply with the severe new fire codes in many countries, and provide innovative, cost-effective, nontoxic and environmentally safe solutions to protecting life and property. Additionally, ordinary products can easily be upgraded to fire code compliance with a coating of NoFire. NoFire is a waterborne, easy to apply, intumescent coating that can be applied to a wide variety of materials using ordinary equipment and techniques. Its unique properties and approvals, including anti-mold properties, are especially designed for applications where expected exposure is high temperature or long duration, including commercial and residential construction, industrial plants, shipping, offshore drilling facilities, nuclear power plants, military vehicles, utilities and transportation. This press release may contain forward-looking statements, which are made pursuant to the �safe harbor� provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so called �forward-looking statements� by words such as �may,� �will,� should,� �expects,� �plans,� �targets,� �believes,� �anticipates,� �estimates,� �predicts,� potential,� or �continue,� or the negative of those words and other comparable words. These forward-looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks, is described from time to time in the Company�s filings with the SEC. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filled by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws. This press release is available on NFTI�s web site at www.nofire.net. NoFire Technologies, Inc. (OTC "NFTI"), manufacturer of patented, high performance, intumescent fire protection paints and coatings, today announced contracts between its Mexican distributor, Especialidades Industriales, and the contractors for Hospital Angeles de Puebla and Hospital Metropolitan in Mexico City, for delivery and application of NoFire paint. Shipments of NoFire paints for these projects, in excess of $160,000, will be made bi-weekly over the next four months. These projects, representing the largest application for NoFire in Mexico to date, are part of Especialidades Industriales' marketing efforts to expanding commercial construction projects, including chain stores, hospitals and hotels. In addition to Mexico, NoFire Technologies is developing foreign construction applications in Canada, the Middle East, West Africa, Europe, and several nations in the Pacific Rim. "Fire protection in the construction industry is a major application for NoFire Products," said Dr. Samuel Gottfried, CEO, "and Especialidades Industriales is an important part of our network to penetrate markets outside the U.S. The many civilian, marine and military approvals of our products demonstrate their high performance and qualification for a wide range of applications for current and new markets." NoFire Products comply with the severe new fire codes in many countries, and provide innovative, cost-effective, nontoxic and environmentally safe solutions to protecting life and property. Additionally, ordinary products can easily be upgraded to fire code compliance with a coating of NoFire. NoFire is a waterborne, easy to apply, intumescent coating that can be applied to a wide variety of materials using ordinary equipment and techniques. Its unique properties and approvals, including anti-mold properties, are especially designed for applications where expected exposure is high temperature or long duration, including commercial and residential construction, industrial plants, shipping, offshore drilling facilities, nuclear power plants, military vehicles, utilities and transportation. This press release may contain forward-looking statements, which are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In some cases you can identify those so called "forward-looking statements" by words such as "may," "will," should," "expects," "plans," "targets," "believes," "anticipates," "estimates," "predicts," potential," or "continue," or the negative of those words and other comparable words. These forward-looking statements are subject to risks and uncertainties, product tests, commercialization risks, availability of financing and results of financing efforts that could cause actual results to differ materially from historical results or those anticipated. Further information regarding these and other risks, is described from time to time in the Company's filings with the SEC. We assume no obligation to update or alter our forward-looking statements made in this release or in any periodic report filled by us under the Securities Exchange Act of 1934 or any other document, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws. This press release is available on NFTI's web site at www.nofire.net.