FOR IMMEDIATE RELEASE
Nofire Technologies' A18 NV, Qualified By The US Navy, Is Listed By The GSA For Sale To All Government Agencies
UPPER SADDLE RIVER, NJ, May 16, 2000-NoFire Technologies announced today that after three months of in-depth investigation and evaluation the GSA (General Services Administration) has listed NoFire A18 NV Intumescent Fire Protective Coating on its qualified suppliers list for sale to all government agencies. A18 NV has recently been listed on the U.S. Navy Qualified Products List (QPL).
Being listed by the GSA, with number GS-06F-0024K, opens the door for easy procurement by all branches of the military and various civilian agencies. To further facilitate the ordering process, all GSA orders, can be paid by credit card.
"We have received numerous inquiries from military and government agencies following technical briefings. Many have stated that a GSA number will facilitate their orders." said Dr. Sam Gottfried, President and Chief Technical Officer of NoFire Technologies. "We anticipate substantial government business now that we have received GSA listing and are building inventory to insure prompt delivery."
NoFire Technologies, Inc. is a manufacturer of high performance fire retardant products and systems that offer superior protection against heat and fire for applications in the construction, telecommunications, nuclear power plants, utility, automotive, marine, military, and housing industries. The company's stock is quoted on the OTC Bulletin Board with the symbol NFTI.
Cautionary Statement Regarding Forward-Looking Statements. Certain information contained in this press release are forward-looking statements within the meaning of the Private Securities Litigation Act of 1995 (the "Act"), which became law in December 1995. In order to obtain the benefits of the "safe harbor" provisions of the Act for any such forward-looking statements, the Company wishes to caution investors and prospective investors about significant factors, which among others, have in some cases affected the Company's actual results and are in the future likely to affect the Company's actual results and cause them to differ materially from those expressed in any such forward-looking statements. Investors and prospective investors should read this press release in conjunction with the Company's most recent Form 10-K and Form 10-Q.
Contact:
NoFIRE Technologies, Inc.
21 Industrial Avenue
Upper Saddle River, NJ 07458
Toll Free: (800) 603-4730
Phone: (201) 818-1616
Fax: (201) 818-8775
Email: info@nofiretechnologiesinc.com