GG Note: Just what will they think of next? Smoking an electric cigarette with a microchip? Just imagine the conversation with the hall monitor at the schools when the kids are caught smoking these in the restrooms!
Smokefree Innotec Sets Production Timeframe
(BUSINESS WIRE)--Smokefree Innotec, Inc. (Pink Sheets: SFIO) announced today that its Rauchless™ or smoke-free cigarette is scheduled for production in the 4th quarter of 2009. This production target was disclosed by Dr. Robert Wang, Vice President of Research & Development of Smokefree Innotec. Dr. Wang, a Swedish national, who is one of the three founders of the company, has succeeded in bringing micro-technology components together in an electric “cigarette” that will allow smokers to experience the sensation of a real cigarette without being subject to smoke or smoking restrictions in buildings and other places where people gather. The smoke-free cigarette has its own microchip that regulates the temperature and length of draught and is expected to be retailed in the same price range as traditional cigarettes. Smokefree Innotec has applied for international patents through its Swiss legal representatives.
About Smokefree Innotec, Inc.
Smokefree Innotec, Inc. is in the business of designing, developing, manufacturing and marketing a hi-tech, smokeless, nicotine delivery cigarette-like electronic device which is completely smoke-free and tobacco-free. Smokefree Innotec’s products are designed to protect the non-smoker from secondhand smoke and all its effects while providing the smoker a way to enjoy a smoke-free cigarette anywhere, including places where smoking is prohibited. Further, our products will allow the smoker to enjoy smoking while not having to worry about the dangers and ill effects of regular cigarette smoking.
A number of statements referenced in this Press Release are forward-looking statements, which are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, and goals, assumption of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this Release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions “may,” “could,” or “might” occur. Such statements reflect the current views of Smokefree Innotec, Inc. with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses, and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Smokefree Innotec, Inc. does not undertake any responsibility to update the “forward-looking” statements contained in this news release.
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