TORONTO, Jan. 26, 2012 /CNW/ - EKO INTERNATIONAL CORP. ("EKO") - (EKNL
- Pinksheets), EKO International Corp. and OEBIN Ltd. (OEBIN) are
pleased to announce that a final draft agreement has been reached
between the two companies which will result in formalizing the
acquisition of OEBIN by EKO. OEBIN anticipates that sales over the next
twelve months excluding a new industrial coating line of products is
expected to be in excess of $20,000,000.
EKO is in the final stages of securing the distribution rights of a
newly developed industrial coating which has numerous applications and
is currently being used successfully in Europe. OEBIN will provide the
marketing infrastructure to distribute the product in Canada and the
SOURCE EKO INTERNATIONAL CORP.
For further information:
please contact EKO by e-mail at email@example.com