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Universal
Ice Blast Inc. (OTCBB: UIBI) |
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Well, we’ve been waiting like kids on Christmas Eve for one of
our most prodigious clients, Universal Ice Blast Inc. (OTCBB:
UIBI) to once again reappear and make some waves.
And that they have, announcing a purchase order from none other
than Ford Motor Company, further penetration into an industry
that UIBI CEO Rory Clarke says could lead to $1.4 billion
in revenue over the next 7- 10 years. Yes, that’s what it
says in the press release.
So, take a look at today’s breaking news as well as our original
profile (link below) on this interesting company that uses
tiny particles of ice as an “Ice Blast” to efficiently
clean equipment in various applications.
To Read our full profile on UIBI from
Sept. 9, 2002 Click
Here
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Today's News ** |
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Press Release
Source: Universal Ice Blast
Universal Ice Blast Receives Purchase Order
from
Ford Motor Company
Monday March 3, 7:00 am ET
Ford Orders Ice Blast's New Rust
Inhibitor System
KIRKLAND, Wash.--(BUSINESS WIRE)--March 3, 2003--Universal
Ice Blast, Inc. (OTCBB:UIBI - News), announced today that
it has received a purchase order from Ford Motor Company for an
automated rust inhibitor spray station, a new product from UIBI.
This follows last year's installation of Universal Ice Blast's
Automatic Ice Blast Gear Cleaning Systems, funded jointly by Ford
Motor Company's Factory of the Future Group, at Ford's Sharonville
Transmission Plant in Ohio.
Rory Clarke, Chairman and CEO of UIBI noted, "We are pleased
that Ford continues to show interest in our products, even in
this period of reduced capital expenditures. We continue to develop
products and ancillary equipment to augment our patented ice blast
cleaning systems."
Universal Ice Blast markets a range of products based on its
patented ice blast cleaning process and equipment to Ford, General
Motors, Toyota and other automotive manufacturers, as well as
their suppliers. "We estimate that that sales from
our existing and future products to the world automotive segment
could total up to $1.4 billion over the next seven to 10 years,"
noted Clarke. Strong demand for the Company's ice blast cleaning
technology is projected based on the increasingly competitive
manufacturing environment in which continuous improvement and
cost
reduction has become the rule.
Universal Ice Blast, Inc. has a patented process known as the
Ice Blast Technology. UIBI has positioned the technology
into three billion-dollar markets: Precision Cleaning (automated
production cleaning/de-burring): Industrial Cleaning (fixed systems
parts cleaning, petro-chemical and pulp and paper): and Environmental
Cleaning (lead paint and asbestos abatement off steel bridges
and building structures). Since 1995 the company has actively
engaged in developing its technology for these markets. Substantial
testing and field-research with major clients within large markets
has now brought the company to full commercialization of its products
in these markets.
This release may contain forward-looking statements that involve
risks and uncertainties. These statements may differ materially
from actual future events or results. Forward-looking statements
are inherently subject to risks and uncertainties, some of which
cannot be predicted or quantified. Future events and actual results
could differ materially from those set forth in, contemplated
by, or underlying the forward-looking statements.
Contact:
The Blaine Group
310/360-1499
Devon Blaine, Blaine@pacificnet.net
Richard M. Goldman, rmgoldman@post.harvard.edu
Source: Universal Ice Blast
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has been compensated with 880,000 restricted shares of UIBI from
Universal Ice Blast Inc. for preparation and distribution of this
report and other advertising services provided since September
of 2002. This constitutes
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