FOR IMMEDIATE RELEASE
Nofire S Barrier Receives UL Certification For 1, 1 ½, & 2 Hour Fire Rating On Structural Steel Columns
UPPER SADDLE RIVER, NJ, August 9, 2000-NoFire Technologies, announced today that it had successfully passed tests conducted at Underwriters Laboratories (UL) Northbrook, Illinois, on its S Barrier Structural Steel Protection System for one, one & one half, and two hour fire protection.
S Barrier, a patented product designed by the laboratories of NoFire Technologies, is a dry application wrap which is environmentally safe and non hazardous, requires no surface preparation, is easy to install and does not require extensive clean up compared to current structural steel fireproofing techniques. It has a finished, attractive appearance and is available in most colors.
"S Barrier offers construction contractors an alternative to the problems associated with cementitious products, and the high cost of architectural coatings. It is an ideal solution for construction in occupied buildings, hospitals, schools, restaurants, hotels and nursing homes… any place where it is desirable to avoid air carried particles prevalent in spray applications of cementitious materials," said Dr. Sam Gottfried, President and Chief Technical Officer. "It is certainly the answer in green buildings and construction sites worldwide where environmental considerations are of paramount importance."
"There appears to be substantial interest and excitement in this new innovative system," said Robert Isen, CEO. "We plan to begin marketing S Barrier to the building trades immediately."
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.