SAN CLEMENTE, Calif., June 18 /CNW/ -- ALDEROX, INC. (OTC Bulletin Board:
AROX), a world leader in productivity enhancing, environmentally friendly
anti-stick release agents and lubricants to the mining sector, announced today
that it has entered into a long term supply contract with 3M Canada Company.
Under the terms of the Agreement, 3M Canada has exclusive rights to the
Company's patented Alderox products for the Canadian mining industry,
including the oil sands.
Gordon Davies, President of the Company stated, "The supply agreement
with 3M Canada is a significant and very positive event for Alderox, Inc. Not
only will the relationship with 3M Canada speed up the development of the
Canadian mining and oil sands markets, the fact that 3M Canada has put their
name and resources behind our Alderox product confirms that it is a superior
solution to the carryback and ore build-up issues in the mining sector." Mr.
Davies concluded, "We are pleased to be involved with 3M Canada and looking
forward to a long and mutually successful relationship with them."
About Alderox, Inc.
Headquartered in San Clemente, CA with offices in Colorado, Utah, and
Tennessee, Alderox, Inc. manufactures and globally markets its Alderox(R) line
of release agents and lubricants to heavy industry. The Company's patented
formulations, which are 100% environmentally friendly, biodegradable, non-
hazardous and non-toxic, are used to reduce or eliminate the massive problems
associated with the build-up of materials in mining haul truck beds and on
mining handling equipment.
Alderox, Inc.'s website is located at http://www.alderoxasa.com.
Contact : Mike Davies, CEO, Alderox, Inc., Tel. 949-542-7440
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: The statements contained herein which are not historical are forward-
looking statements that are subject to risks and uncertainties that could
cause actual results to differ materially from those expressed in the forward-
looking statements, including, but not limited to, certain delays beyond the
company's control with respect to market acceptance of new technologies or
products, delays in testing and evaluation of products, and other risks
detailed from time to time in the company's filings with the Securities and
For further information:
For further information: Mike Davies, CEO of Alderox, Inc.,
+1-949-542-7440 Web Site: http://www.alderoxasa.com