BluePlanet Environmental Inc.
BluePlanet Environmental Inc.: SALE OF BESTWAY POOLS
BluePlanet Environmental Inc. / Alliance 22.02.2010 15:00 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- (Toronto, Canada - 02/22/2010) Blue Planet Environmental (Exchange Frankfurt (FSE), Stock Symbol-9BP) is pleased to announce the initial shipment of 6,000 Bestway above-ground pools, with Blue Planet's patented ozonation system, will begin in February, 2010 to a major Canadian retail chain with over 400 stores across the country, and sales in excess of $10 billion. This shipment is the first stage in introducing these environmentally friendly pools into Bestway's global sales system. Blue Planet's proprietary ozonation system will be sold under the name 'Hydro Force Clear Water System'. Independent third party testing of Blue Planet's ozone technology verified its claim to control and maintain bacterial counts at less than 1 copy/ml of water. The industry standard for 'pool water safe swimming' is approximately 1,000 copies/ml. In addition, Blue Planet's technology allows Bestway pool owners to reduce their annual chemical use by up to 70%; and reduce the incidence of skin irritations and rashes associated with the use of chlorine and other chemicals. Consumer testing, carried out by independent third parties, concluded that: 83% of the consumers surveyed preferred the advantages of an ozonation system; 88% viewed Blue Planet's technology as environmentally innovative; and 80% found the ozonation system to be exciting. Bestway Inflatables and Material Corporation, established in 1994, is a global leader in above-ground pool manufacturing. Bestway is located in Shanghai, China with a workforce of 8,000, and sales of over $200,000,000 USD. Bestway products are marketed in North America, Australia, Central and South America, China, Eastern and Western Europe, the Middle East, Scandinavia, and South East Asia. Bestway above-ground pools are the preferred industry standard, and the option to in-ground pools. Blue Planet has granted Bestway a license to use its ozonation technology for above-ground pools. It is estimated that approximately 900,000 to 1,200,000 pools will have Blue Planet's ozonation technology as its key selling feature and would represent revenue of between $9.0 million to $12 million over the next 3 ½ years. The coupling of Blue Planet ozonation technology with Bestways' marketing breadth will place both companies in the forefront of developing and providing environmentally efficient products for recreational use, and being proactive in dealing with environmental issues. Blue Planet develops, tests and provides cost effective, low maintenance and easily installed commercial and retail water savings and usage products that utilize the company's patented micro-nano bubble gas infusion technology. All of Blue Planet's products are based on natural, chemical free and energy efficient models. Blue Planet is dedicated to making its technology available in common-use residential and commercial applications to improve the environment, and conserve and maintain our most precious resource---water! FORWARD-LOOKING SAFE-HARBOUR STATEMENT A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development, and market acceptance conditions, successful integration of acquisitions and the ability to secure additional sources of financing. The actual results that Blue Planet ( 9BP) may achieve could differ materially from any forward-looking statements due to such risks and uncertainties. Contact: Blue Planet Environmental Inc. Unit #15 - 565 Edward Avenue Richmond Hill Ontario L4C 9W8 Canada Dr. Richard Lonetto (President) E-mail: r.lonetto@blueplanetenviro.com Telephone: +1 905-508-BLUE (2583) Fax: +1 905-508-2582 22.02.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de ---------------------------------------------------------------------------
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