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re; market technical analysis
re; market technical analysis
Mon, 30 Jan 2006 0:49:37 -0480
Price Jumps 23.8% Friday, Global Release Creates Anticipation Of Larger Climb
Company: Conforce International Inc.
Friday Open: $2.10
Friday Close: $2.60
Price Up: 23.8%
SHORT: $3.50 - 3.75
Long Term: $5.50 - $6.00
INDI CATOR: str0ng buy
Marine shipping containers are the number one mode of transportation worldwide,
thus, it is no suprise that cargo alteranates
from chemical to food-stuffs. Contamination of wood floors, commonly used in
the containers, is inevitable due to
odour and residue absorption. CFRI has developed a new technology in flooring
that does not absorb odours or residue, therefore
elimination the risk of contamination. This allows multi-national container
corporations access to a larger fleet of available
containers to work with eliminating inefficiences and increasing prifits while
reducing replacement containers and lossed shipments
due to contamination.
Members, there are an estimated 146 Million containers in use today. With this
type of market, you can see why we are excited
about this revolutionary company. They have the jump on the market and they
have just launched news showing they are seriously
prepaired for easy and immediate distribution. CFRI has signed exclusive
manufacturing agreement at strategic locations around
the globe as they prepair to launch their worldwide marketing campaign.
Just read the news on CFRI and check out their website and jump in this first
thing Monday morning. We expect to see this jump
well above $3.00 early in the trading day. It has already jumped from $2.10 to
$2.60 on Friday.
Conforce International (CFRI) Signs Exclusive Supply Agreement With Industry
Giant Royal Group Technologies
TORONTO, ON -- (MARKET WIRE) -- Conforce International, Inc. (OTC:
CFRI), developers of the revolutionary EKO-FLOR,
are pleased to announce that they have signed an Exclusive Supply Agreement
with Royal Group Technologies Ltd. (listed on the
NYSE and TSX) for the manufacture of the new Conforce composite container
flooring product, EKO-FLOR. The deal concludes months
of negotiations and marks the commencement of preparations for the production
of EKO-FLOR, scheduled for launch in mid 2006.
Royal Group Technologies Ltd. ("Royal") is North America's largest PVC extruder
and one of the world's leading polymer-based
manufacturers with production and distribution in over 60 countries worldwide.
With over 9,000 employees, Royal is a global
leader in technologically superior design and production.
The agreement with Royal allows Conforce to have EKO-FLOR mass-produced in
strategically located production facilities around
the world. This will ensure consistent new product distribution to current
Conforce clients such as the International shipping
lines, as well as to new clients such as container leasing companies that have
expressed interest in the product. The venture
with Royal also enables Conforce to capitalize on after-market distribution
through the planned worldwide network of Conforce
distributors and sales agents. The alliance with Royal will allow Conforce to
maintain, at all times, competitive global pricing.
Mr. Marino Kulas, President and CEO of Conforce, said that having Royal as
their manufacturing partner is the "perfect solution
to the production end of the EKO-FLOR business." Mr. Kulas added that "the
ability to leverage the manufacturing strengths of
one of the largest producers in the world will enable us to meet anticipated
demand. We are confident that Royal's considerable
manufacturing expertise and worldwide presence will be an asset leading up to
and during our global launch."
About Conforce International Inc.
Management of the Company has been in the container business for over 25 years.
In addition to the company's business of
container handling and storage through its 5,000+ container capacity terminal
facility, Conforce has also been engaged in the
research and development of a proprietary composite product designed to change
the way shipping containers are made, worldwide.
The Company has developed a material that simulates the characteristics of wood
while testing lighter, stronger and more cost
effective. The environmentally friendly product, named EKO-FLOR, is currently
in phase one testing with a planned launch in mid
2006. For more information on the Company, its EKO-FLOR product, or its
Terminal Operations, please visit: www.conforce1.com.
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