ICBS, Ltd. (ICBT: OTC Link) | BioSpec Global Solutions opens negotiations with distributors in U.K., and China.

BioSpec Global Solutions opens negotiations with distributors in U.K., and China.

Aug 26, 2011

OTC Disclosure News Service

Ile Perrot, QC, Canada –

New York, Montreal , August 26, 2011  ICBS Ltd. (OTCPK: ICBT),  announced today that partner BioSpec Global Solutions Inc. has opened talks with a U.K. , and Chinese distributors for the TOGS product lines.

 

“We have opened up negotiations with U.K. and Chinese distributors who are interested in representing the TOGS 3000 and 9000 models for the European and Asian market places” said Don Saunders, President , BioSpec Global Solutions Inc. “ We have sent them samples of  the TOGS products and expect to sign agreements in the near future.”

 

The company is currently receiving orders for the TOGS 3000 and 9000 models. BioSpec is also currently working on the completion of the new 9000 model with software and technical upgrades which will allow the 9000 to expand its detection capabilities.

 

The company has also signed a confidentiality and non-compete agreement with a Chinese manufacturer in Boading China. The Chinese company would manufacture and distribute both the  3000 and 9000 models .

BioSpec Global Solutions Inc., holds worldwide patents on the TOG’s 3000 and 9000 machines for rapid, onsite (remote) monitoring of microbial  contamination in drinking water, recreational water, agriculture food, pharmaceuticals and medical applications.

ICBS specializes in mergers and acquisitions (MA) advisory services and invests in selective businesses with potential for high growth.

SOURCE: BioSpec Global Solutions Inc. – ICBS Limited

CONTACT: Don Saunders President  www.biospecglobal.com 

CONTACT: Garth McIntosh, President  CEO

www.icbs.ca

Legal Notice Regarding Forward-Looking Statements:

Safe Harbour: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbour created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of ICBS Limited, to be materially different from the statements made herein.

 

 

 

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/ICBT/news?id=34731

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