DGAP-News: Swisstech Holding AG: OTI Greentech AG increases market presence in the maritime sector with further agreements
(firmenpresse) - DGAP-News: Swisstech Holding AG / Key word(s): Miscellaneous
Swisstech Holding AG: OTI Greentech AG increases market presence in
the maritime sector with further agreements
24.05.2012 / 10:03
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Press Release
OTI Greentech AG increases market presence in the maritime sector with
further agreements
- Distribution agreements with Uniservice and OSEC signed
- New distribution partners in the maritime sector cover important core
markets in Europe, Asia and North America
- Orders received in 2Q 2012 exceed EUR 2 million
Zug, 24 May 2012, OTI Greentech AG has entered into additional important
agreements for their EcoSOLUT products in the maritime sector for a total
turnover of EUR 1.6 million. Only three months after the approval of its
innovative products by the IMO (International Maritime Organisation), an
agency of the United Nations, OTI Greentech was able to achieve a
significant milestone. Through its UK subsidiary, the group has signed a
distribution agreement for the innovative tank cleaning products with
Uniservice Germany Marine Products GmbH. Uniservice Germany is a licensee
of Uniservice S.A. in Geneva, the fourth largest supplier to the shipping
industry with branches in over 785 ports worldwide. Also affiliated with
Uniservice Germany are Oslo Ship Service S.A. and Hansa Safety BV in
Rotterdam. In addition, a distribution agreement was signed with OSEC (Oil
Spill Environmental Cleaning) Inc., a specialist in tank cleaning and oil
disposal, with offices in Greece and the south-eastern Mediterranean
region.
Over the past three months EcoSOLUT products have been used successfully by
various shipping companies such as Maersk and Waterfront and repeat orders
have been placed. Demand for the products has increased significantly,
requiring the company to expand its international distribution network as a
matter of priority. Together with the first orders from Canada for the
treatment of oil sands and drilling muds, total purchase orders received in
Q2 amount to EUR 2.2 million.
'With Uniservice Germany and OSEC we have managed to secure two well known
and experienced partners in important markets for the distribution of our
products', Stephan Rind, chairman of the board of OTI Greentech AG
commented on the execution of the two new agreements. 'Demand for our
EcoSOLUT products, in particular in the tank cleaning sector, has exceeded
our expectations. With our new partners we are, however, well prepared to
satisfy this demand.' Christopher Cappelen, managing shareholder of
Uniservice Germany, said: 'I am very pleased to include the EcoSOLUT
products in our product offering for our demanding clients in the shipping
sector. The products set new standards in cost efficiency, safety and
environmental friendliness in the tank cleaning sector.'
About OTI Greentech AG
OTI is an internationally leading cleantech engineering group based in
Switzerland. The company provides environmentally friendly solutions and a
patented technology for cleaning, recovery and disposal of oil in a wide
variety of applications. This includes the cleaning of tanks, ships and
industrial machinery, oil recovery from sludge, soil remediation and the
processing and extraction of oil from conventional and unconventional
deposits.
About Uniservice Germany Marine Products GmbH
Uniservice Germany Marine Products GmbH is headquartered in Hamburg,
Germany. It is privately owned by Mr. C. Cappelen and is a licensee of
Uniservice S.A., who own and control the Uniservice trademark worldwide.
While Uniservice S.A. in Geneva has Licensees covering 785 ports worldwide,
Uniservice Germany has exclusive rights to the Uniservice trademark in
Germany. Moreover, Mr. Cappelen is a Licensee to the Uniservice trademark
in 9 other countries (Norway, Baltic States and CIS) through his privately
owned Oslo Ship Service AS in Norway and Hansa Safety Services BV in
Rotterdam, Netherlands.
Contact:
OTI GREENTECH AG
Myriam Ruttmann
Seestrasse 5
CH - 6300 Zug
Tel: +41 41 727 21 05
Email: m.ruttmann(at)oti.ag
edicto Finanzkommunikation GmbH
Axel Mühlhaus
Eschersheimer Landstraße 42
60322 Frankfurt am Main
Email: amuehlhaus(at)edicto.de
End of Corporate News
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