Le Lézard
Classified in: Science and technology, Business
Subjects: CON, LIC

Universal Power Industry Corporation Enters Exclusive Representation/Distribution Agreement


GREAT NECK, New York, July 16, 2018 /PRNewswire/ --

Universal Power Industry Corporation (OTC: UPIN) today announced that the company has entered into an exclusive representation/distribution agreement with Ningbo Mercury Environmental Technology Co., Ltd. (NMET) for the United States exclusively.

UPIN will be the exclusive representative/distributor for NMETs patented environmentally friendly and non-toxic fire extinguishing commercial products. NMET will provide full assistance with compliance, technical support and production as required by UPIN. NMET will also provide financial support as to the development and marketing of their products by UPIN within the United States market. The initial agreement is for a three-year period beginning July 1, 2018 and expiring June 30, 2021.

UPIN will market the line of products (but not limited) to Federal, State and City governmental agencies such as the U.S. forestry department, fire departments and the private sector such as chemical and oil companies, as well as others commercially who require such fire extinguishing solutions.

Additional updates will be provided of the progress throughout the company's social media pages Twitter and Facebook, OTCMarkets news and mainstream newswire services.

Further information regarding the company's business and objectives going forward can be obtained at http://www.upinholdings.com or by email at [email protected].

About Ningbo Mercury Environmental Technology Co., Ltd.

Ningbo Mercury Environmental Technology Co., Ltd. is dedicated to R&D and investment in the field of security, environmental protection and new materials. Upon more than 10 years' persistence, Ningbo Mercury has created its mercury-series environmental extinguishant technology, which won not only the invention patents of many countries, but also won honors in the world. The extinguishant produced by the technology has the performance superior to the same products of USA and achieves the leading level in the world; whereas Ningbo Mercury popularizes the technology by investing factories in China and throughout the world.

Ningbo Mercury was incorporated in Ningbo National Industrial Zone in 2008. By inheriting the years' experience in R&D, production and sales of the Group, Ningbo Mercury becomes the professional production company of new environmental extinguishant. Ningbo Mercury has won the international non-toxic certification and passed the CE certification. Their Website: http://www.cnextinguisher.com/

About Universal Power Industry Corporation

Universal Power Industry Corporation (UPIN) is a diversified holding company that own(s), invests and or manages select businesses and real estate, and on special opportunities will provide financing solutions to companies at various developmental stages. Our business objectives cover a wide range of sectors from consumer/industrial products and technology research and development/startups. We combine capital, innovation and the right management to deliver top of the line products and services to our customers globally.

Statements contained in this release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact Information:
Universal Power Industry Corporation
Media Relations
+1-800-837-5641


SOURCE Universal Power Industry Corporation


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