TOMI™ Environmental Solutions, Inc. ("TOMI" or the "Company")
a global bacteria and infectious disease control company, announced
today that it has entered into an Exclusive Distribution Agreement (the
"Agreement") for the distribution of its patented green energy-efficient
environmental solutions for indoor surface decontamination in Mexico.
On March 21, 2014, TOMI entered into the Agreement with Plascencia
Universal, S. de R.L. de C.V. ("Plascencia Universal"), a Mexican
company that will act as the exclusive distributor of TOMI's products
and services in Mexico. Plascencia Universal has substantial experience
and commercial relationships in the Mexican healthcare industry, with
both private and public medical centers. With a population of more than
90 million, the Mexican healthcare sector represents a large, robust
service industry and TOMI's entry into this market is an important step
in increasing its presence in Latin America.
Mr. Joseph Plascencia, who heads up Plascencia Universal, stated, "We
are excited to be chosen as one of TOMI's elite solution partners and as
the exclusive distributor of TOMI's products in Mexico. We're thrilled
to expand and strengthen the strategic and operational capabilities of
TOMI in Mexico."
Dr. Halden Shane, Chief Executive Officer of TOMI™, stated,
"After much research into potential Mexican partners, we are excited to
award this Exclusive Distribution Agreement to Plascencia Universal.
This Agreement includes a License Fee of $300,000 and a first order of
approximately $75,000 with a larger order of $325,000 to be made during
the first 12 months. This is consistent with TOMI's vision of delivering
high-performing decontamination products and services on a global basis."
Mr. Joseph Plascencia, the founder of Plascecia Universal, is also the
Chief Executive Officer of JP Tech Insurance Services, Inc. and is
recognized as an industry leader in the practice of Directors and
Officers Liability Insurance and Corporate Risk Management. With broad
business experience, he frequently advises directors of large and
mid-sized publicly traded companies and private companies looking to go
public on issues of corporate governance and sustainable risk management
insurance programs. He is a graduate of the University of Southern
California and has served as a member of the USC Board of Governors.
Mr. Plascencia has been a long-standing Committee member of USC Cardinal
& Gold and Dean member of the USC Associates and USC Marshall School of
About TOMI™ Environmental Solutions, Inc.
TOMI™ Environmental Solutions, Inc. (OTCQB: TOMZ)
is a global bacteria decontamination and infectious disease control
company, providing green energy-efficient environmental solutions for
indoor surface decontamination through manufacturing, sales and
licensing of our premier platform of Hydrogen Peroxide based products
that uses BIT technology, a state of the art technology for the
production of its six-log mist represented by the TOMI SteraMist brand.
TOMI™'s products are designed to service a broad spectrum of
commercial structures including hospitals and medical facilities, cruise
ships, office buildings, hotel and motel rooms, schools, restaurants,
for food safety in meat and produce processing facilities, military
barracks, and athletic facilities. TOMI™'s products and
services have also been used in single-family homes and multi-unit
TOMI™ also develops training programs and application
protocols for its clients and is a member in good standing with The
American Biological Safety Association, The American Association of
Tissue Banks, Association for Professionals in Infection Control and
Epidemiology, Society for Healthcare Epidemiology of America, The
Restoration Industry Association, Indoor Air Quality Association and The
International Ozone Association.
For additional product information, visit www.tomiesinc.com
or contact us at firstname.lastname@example.org.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995
Certain written and oral statements made by us may constitute
"forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995 (the "Reform Act"). Forward-looking
statements are identified by such words and phrases as "we expect,"
"expected to," "estimates," "estimated," "current outlook," "we look
forward to," "would equate to," "projects," "projections," "projected to
be," "anticipates," "anticipated," "we believe," "could be," and other
similar phrases. All statements addressing operating performance,
events, or developments that we expect or anticipate will occur in the
future, including statements relating to revenue growth, earnings,
earnings-per-share growth, or similar projections, are forward-looking
statements within the meaning of the Reform Act. Because they are
forward-looking, they should be evaluated in light of important risk
factors that could cause our actual results to differ materially from
our anticipated results. The information provided in this document is
based upon the facts and circumstances known at this time. We undertake
no obligation to update these forward-looking statements after the date
of this release.
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