Wednesday October 6, 9:22 am Eastern Time
Company Press Release
E-Commerce Site Represents First Phase of Internet Sales Strategy BAY SHORE, N.Y.--(BUSINESS WIRE)--October 6, 1999--Frisby Technologies, Inc., (Nasdaq: FRIZ - news) the developer of patented ComforTemp® DCC(tm), the number one brand of dynamic thermal management materials, today announced the launch of SteeleVest.com, its first e-commerce web site to market and sell its cooling vests for medical, industrial and military applications. The Company said that this e-commerce web site is the beginning of an integrated strategy that will be extended to promote the sale of products featuring its branded thermal management materials, ComforTemp® and Thermasorb®. Full details on the overall corporate Internet strategy are expected to be announced within the next 60 days.
SteeleVest® products provide up to four hours of cooling. The growing family of cooling vests are all light weight and adjustable for a snug, but flexible fit. SteeleVest's patented system is already used by workers facing extreme heat conditions in the military, utilities industry, hazardous waste sites and many other industrial environments. SteeleVest® products can also be used to deliver cooling for certain medical conditions such as multiple sclerosis.
Greg Frisby, Chairman and CEO, said, ``The launch of SteeleVest.com is an important milestone for us. When we acquired SteeleVest® in February 1999, we recognized that the Internet would be an excellent marketing vehicle for these products. We have now created informative, user-friendly sites - in Spanish and English through which global customers, both corporate and individual, can evaluate and purchase our entire current SteeleVest product line.''
``The SteeleVest® web site represents the first step toward an aggressive use of the Internet as a key part of our marketing and support efforts with our licensees and retail customers. The Internet is clearly one of the most cost-effective ways of reaching consumers in our target markets with information about our ComforTemp®, Thermasorb®, and SteeleVest® products. By combining e-commerce with our ongoing and successful sales and marketing efforts, we expect to continue our rapid brand recognition and market penetration.''
Frisby Technologies is a global leader in the development of dynamic thermal management solutions for the apparel, footwear and sporting goods, packaging, home furnishings, healthcare, automotive, aerospace and electronics industries. ComforTemp® foams and fabrics can be found in products from major manufacturers such as Titleist and Footjoy Worldwide, Timberland, Polo Ralph Lauren, Schoeller Textil, Spyder Active Sports, Orvis, Wells Lamont, Bell Sports, and LaCrosse Footwear.
For more information, contact Frisby Technologies at (877) 444-COMFORT, visit the ComforTemp® web site at www.comfortemp.com, or join the Frisby electronic news distribution list by sending your email address to email@example.com.
This press release contains certain forward-looking statements that
relate to Frisby Technologies' future plans and objectives. Those statements
are subject to numerous risks and uncertainties that could cause actual
results, performance and achievements to differ materially from those described
or implied in the forward-looking statements, and reported results should
not be considered an indication of future performance. Those potential
risks and uncertainties include without limitation the uncertainty of the
economic environment for the remainder of this year, the need for further
development of certain of Frisby Technologies' products and markets, the
development of alternative technologies by third parties, the uncertainty
of market acceptance and demand for the company's products in the future,
and Year 2000 issues affecting the company and its customers and suppliers.
Those potential risks and uncertainties are detailed in Frisby Technologies'
filings on Form 10-KSB for 1998 and Forms 10-QSB with the Securities and
Steve Villa, CFO
Frisby Technologies, Inc.
Lisa D. Lettieri, VP
Lippert/Heilshorn & Associates, Inc.
www.lhai.com or firstname.lastname@example.org
Elissa Grabowski, AVP
Lippert/Heilshorn & Associates, Inc.
www.lhai.com or email@example.com