New Hi Tech Reactive Paints Ready for Market
R-Tec Technologies (OTC Bulletin Board: RTTC) a research and development company announced today that their long awaited reactive paints have been finished and ready for Global distribution. This new technology was disclosed to the public two years ago through national media, and has been perfected
for commercial use since. The first products released to the market are used for the detection of refrigerants (FREON) and CO2 gases. Additional paints for the detection of natural gas, propane and other potentially harmful and costly gases will soon follow. These paints work by changing color after being applied to a piping system, alerting a home owner or technician of potentially damaging leaks well before conventional methods used today. This product has been tested by an independent company, and was found to be more sensitive to leaks than any other product used today. The Company believes this technology will revolutionize the manner in which leaks are detected and possibly prevent cost of an injury associated with leaking gases.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statement or other written statements made or to be made by R-Tec Technologies, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of R-Tec Technologies, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, intellectual property, domestic and global economic conditions, changes in federal or state laws, and market competition factors.
For a description of additional risks and uncertainties, please refer to R-Tec Technologies, Inc.'s filings with the Security Exchange Commission.
For further information, please contact Stewart Kaiser @ 973-252-5233 USA
SOURCE R-Tec Technologies, Inc.
-0- 07/16/2001
/CONTACT: Stewart Kaiser, 973-252-5233, for R-Tec Technologies/
(RTTC)
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statement or other written statements made or to be made by R-Tec Technologies, Inc.) contains statements that are forward-looking, such as statements relating to the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statement made by or on behalf of R-Tec Technologies, Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, intellectual property, domestic and global economic conditions, changes in federal or state laws, and market competition factors.
For a description of additional risks and uncertainties, please refer to R-Tec Technologies, Inc.'s filings with the Security Exchange Commission.
For further information, please contact Stewart Kaiser @ 973-252-5233 USA
SOURCE R-Tec Technologies, Inc.
-0- 07/16/2001
/CONTACT: Stewart Kaiser, 973-252-5233, for R-Tec Technologies/
(RTTC)
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