MONTREAL, April 9, 2013 /CNW Telbec/ - Imaflex Inc. ("Imaflex" or the "Corporation") is pleased to report the broadening of its patent portfolio for its revolutionary active ingredient releasing multilayered film technology to bags.
Imaflex together with Bayer Innovation GmbH, co-developer and co-inventor, have included this new bag invention in the initial provisional patent application for multilayered active ingredient releasing films. This was done prior to the international patent applications in the top 25 vegetable production countries of the world.
Imaflex engineers have designed a versatile process which allows fabricating bags which are either able to release agrochemicals, like nematicides, fungicides, insecticides and herbicides to protect crops during their growth period or able to release preservatives to also protect them beyond harvest.
Substituting agrochemicals by preservatives in the bags will enhance the preservation of the freshly harvested fruits and vegetables by releasing natural, or artificial, antimicrobials and antioxidants as active ingredients to prevent decay or spoilage in all areas of the food supply chain
"We are excited at both the commercial prospects for our multilayered active ingredient releasing bags, and their ability to make a small contribution in global efforts to reduce food wastage at the production, postharvest processing, and the retail stages of the food supply chain," concluded Mr. Abbandonato, Imaflex's President and C.E.O.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement on Forward Looking Information
Certain information included in this press release, related notably to the virtues, attributes and commercial prospects of the multilayered active ingredient releasing bags, constitute "forward-looking" statements within the meaning of Canadian securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the management of the Corporation, are inherently subject to significant business, economic and competitive uncertainties, risks and contingencies. The Corporation cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual financial results, performance or achievements of Imaflex to be materially different from the Corporation's estimated future results, performance or achievements expressed or implied by those forward-looking statements and that the forward-looking statements are not guarantees of future performance. These statements are also based on certain factors and assumptions. For more details on these estimates, risks, assumptions and factors, see the Corporation's most recent Management Discussion and Analysis filed on SEDAR. The Corporation disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except as expressly required by law. Readers are cautioned not to put undue reliance on these forward-looking statements.
SOURCE: Imaflex Inc.
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