Noveko Chooses McKesson Logistics Solutions as provider of Logistics Management Services for its masks and AZURO(TM) hand sanitizers



    
    Symbol: EKO / TSX
    

    MONTREAL, Aug. 6 /CNW Telbec/ - Noveko International Inc. ("the Company")
is pleased to announce that its subsidiary Noveko Inc. ("Noveko") has
concluded an agreement with McKesson Logistics Solutions ("MLS"), Canada's
leading third party logistics provider for the healthcare industry, for its
Noveko(TM) surgical masks and respirators and its AZURO(TM) hand sanitizers.
Under the terms of this agreement, MLS will provide to Noveko full
order-to-cash logistics management services, including order fulfillment,
customer invoicing, accounts receivables management, customer care, storage,
inventory and transportation management. The agreement has an initial term of
three years.
    "The choice of McKesson Logistics Solutions as a partner is a strategic
decision from which we will get many benefits operationally and
administratively. Accessing the technology and infrastructure they are
offering as a leading supply chain integrator, we are gaining the required
flexibility to run our business more efficiently, enabling us to focus on our
priorities, being the development and commercialization of our products, all
of this in a cost effective way for us. This is especially crucial in light of
the growing demand we are witnessing for our Noveko(TM) surgical masks and
respirators and our AZURO(TM) hand sanitizers," indicated Alain Bolduc,
President and Chief Operating Officer of the Company. "McKesson Logistics
Solutions' world class expertise, leadership and proven track record were
amongst the factors which contributed to their selection as our ideal provider
of logistics and warehousing solutions," added Mr. Bolduc.
    "We are very enthusiastic to be part of Noveko's efforts to accelerate
the global distribution of their innovative antimicrobial products. We look
forward to working with them in delivering world-class logistics services to
their customers, helping them being successful," stated Cameron Joyce,
President of McKesson Logistics Solutions.
    McKesson Logistics Solutions is Canada's leading third party logistics
(3PL) provider offering integrated supply chain services from order management
and transportation to customer invoicing and A/R management focused
exclusively on the healthcare manufacturing industry. Additional services
include specialized 3PL services such as cold chain logistics, co-packing and
literature management. Clients include manufacturers of pharmaceutical
products, medical devices, medical surgical products and equipment, OTC,
natural health and consumer health products.

    Profile

    Noveko International Inc. offers innovative solutions in the
environmental and medical fields worldwide. Through its subsidiaries, the
Company specializes primarily in the following business segments: the
development, manufacturing and marketing of derivative products from its
patented antimicrobial filtration technology, including air filters, surgical
masks and respirators, along with other products with antimicrobial properties
such as AZURO(TM) hand sanitizers - and the development, manufacturing and
marketing of medical equipment, primarily portable real-time ultrasound
scanners for use in human and veterinary medicine.

    Certain statements set forth in this press release constitute
forward-looking statements. In some cases, these statements are identified by
the use of terms such as "may", "could", "might", "intend", "should",
"expect", "project", "plan", "believe", "estimate" or other comparable
variants. These statements are based on the information available at the time
they are written, on assumptions made by management and on the expectations of
management, acting in good faith, regarding future events, including those
relating to economic conditions, fluctuations in exchange rates and operating
expenses, and the absence of unusual events entailing supplementary
expenditures. Although management considers these assumptions and expectations
reasonable based on the information available at the time they are written,
they could prove inaccurate. Forward-looking statements are also subject, by
their very nature, to known and unknown risks and uncertainties such as those
related to the industry, acquisitions, labor relations, credit, key officers,
supply and product liability. The actual results of Noveko International Inc.
could differ materially from those indicated or underlying these
forward-looking statements. The reader is therefore recommended not to unduly
rely on these forward-looking statements. Forward-looking statements do not
reflect the potential impact of special items, any business combination or any
other transaction that may be announced or occur subsequent to the date
hereof. The Company undertakes no obligation to update or revise the
forward-looking statements to account for new events or new circumstances,
except where provided for by applicable legislation.




For further information:

For further information: Chantal Vennat, Director, Investor Relations
and Corporate Communications, Noveko International Inc., (514) 875-0606;
http://www.noveko.com

Organization Profile

Noveko International Inc.

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