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"We are very pleased to partner with Locin to bring this revolutionaryproduct to the Canadian retail marketplace. Since receiving our Health Canadaapproval, interest in our drug-free, anti-inflammatory patch products isincreasing and we are very excited that Canadian consumers will be able toeasily purchase our product by simply visiting a local retailer," commentedAndrew Whelan, president and CEO of BioElectronics Corporation. "Our companyis all about speeding recovery of injury and reducing pain and we are veryhappy that Canadian consumers will soon be able to enjoy the significantbenefits of our products," explains Whelan.
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Brad Collins, Vice President of Locin Industries Ltd. adds, "Our keystrengths are our customer and vendor relationships that we have fostered forover 30 years. We believe we will be able to leverage these strengths inorder to effectively launch this significant new product into the Canadianmarket. We are very pleased to be working with BioElectronics Corporation onthis endeavor and look forward to providing our national and regionalretailers and wholesalers with what we believe will be a very popular productwith Canadian consumers."
About BioElectronics Corporation
BioElectronics Corporation is the maker of the ActiPatch(TM). ActiPatchis a drug-free anti-inflammatory patch with an embedded battery operatedmicrochip that delivers weeks of continuous pulsed therapy for about a dollara day. The unique ActiPatch delivery system, using patented technology,provides a cost-effective patient friendly method to reduce soft tissue painand swelling. ActiPatch is approved by Health Canada for the relief of painin musculoskeletal complaints. The US government's food and drugadministration (FDA) has cleared the use of the product for reducing edema(swelling) following blepharoplasty and the European Union has approved theproduct as a class two pulsed electromagnetic medical device as have numerousother international record for agencies. Information on ActiPatch andBioElectronics Corporation is available at the following websites:
Safe Harbor Statement
This news release contains forward-looking statements related to futuregrowth and earnings opportunities. Such statements are based upon certainassumptions and assessments made by management of both companies In light ofcurrent conditions, expected future developments and other factors it believesto be appropriate. Actual results may differ as a result of factors overwhich the company has no control.
About Locin Industries Ltd.
Locin Industries Ltd., headquartered in North Vancouver, British Columbia,is a full service distributor serving all national and regional retailers andwholesalers in the grocery, drug, mass merchandise and club channels inCanada. The family-owned and operated company relies heavily on its customerand vendor relationships that have been fostered over a period spanning morethan 30 years to provide effective brand and category management includingretail head office liaison, trade and consumer advertising, promotionaldevelopment and planning, data analysis and forecasting, and
