SEATTLE, WASHINGTON--(Marketwire - March 14, 2013) - Peptide Technologies, Inc., (OTCBB:PEPT)(OTCQB:PEPT) an organic coatings company specializing in the prevention of fouling agents attaching to man-made structures is pleased to report that Multi Pump Innovation (MPI) of Norway conducted trials using Peptide's Aquaculture Natural anti-fouling paint and found that it prevented the attachment of any hard fouling agents onto open net pen mesh material. The netting material was submerged underwater for a total of 75 days in waters off the coast of the city of Trondheim, Norway. Peptides Technologies' formulation, Aquaculture Natural was formulated to ensure the integrity of the paint when applied to netting material. Results were dramatic; no fouling agents attached to areas coated with Aquaculture Natural, compared to other sections of the net coated with a leading competitor's anti-fouling paint. The growth of hard fouling agents (i.e. barnacles, mussels, etc.) was monitored daily. Peptide Technologies coatings are deemed to be non-hazardous and non-toxic and as a result are classified as a non-dangerous good. More information and detailed photographs about this study can be found at: http://peptidetechnologiesinc.com/test-site-results/north-atlantic-ocean-norwegian-sea.
About Multi Pump Innovation (MPI)
MPI is a supplier of professional cleaning equipment for shipping, offshore and fish farms. MPI's solutions are produced according to its customers specifications. MPI places great emphasis on quality, training and service. MPI offers high pressure machines from 100-bar and up to 2,750-bar, and has over 200 different models in its product range. MPI has developed a brand new washing rig ("Terminator") and a washing robot ("Remote Operated Net Cleaner" or "R.O.N.C") for fish farming. More information can be found at www.mpi-norway.com.
About Peptide Technologies, Inc.
Peptide Technologies, Inc. has developed the first all-natural, sustainable solution to the economic burden of bio-fouling. Our solutions are safe "green" organic-based anti-fouling products used to combat the rapidly growing problems caused by the attachment of hard fouling agents in the marine and freshwater environments. Peptide Technologies' patent-protected approach not only significantly minimizes the attachment of hard fouling agents (mussels, barnacles, etc.) but is also highly effective in preventing the build-up of any bio-film layer as well. Unlike other anti-fouling paints, Peptide Technologies' anti-fouling paints are the only ones to receive a non-hazardous and non-toxic rating by Risk Management Technology ChemAlert (www.chemalert.com) of Australia which is a stringent Government Sanctioned certification. Trial results of our two paint products (Aquaculture Natural and Aquanatural), in both fresh and marine waters around the globe, have clearly demonstrated the effectiveness of their formulations in preventing hard fouling agents from attaching to treated surfaces. These results combined with the non-hazardous and non-dangerous good rating from ChemAlert clearly positions Aquaculture Natural and Aquanatural anti-fouling paints at the head of the class in anti-fouling solutions around the globe.
Our organic-based solutions are effective in both fresh water and marine waters, and are environmentally friendly and non-toxic to water users and all aquatic life. Additionally, our anti-fouling paints will adhere to both stationary (concrete, steel, etc.) and flexible substrates (netting, etc.), creating a surface that prevents hard fouling and bio-film from attaching to it. Our patent-protected anti-fouling paints (Aquanatural and Aquaculture Natural) are based on proprietary organic formulations developed over the past 15 years. Our paint is unique globally and represents the ultimate in a green approach. Our "soft" coatings are available in a number of colors and can be tailored to coat flexible or fixed substrates.
Some of the targeted applications for our products are:
- Hydro-electric facilities and dams (i.e., water in-take pipes, valves);
- Ship hulls (i.e., barnacle covered hulls can increase fuel usage by more than 40%);
- Commercial fish nets;
- Pearling and Aquaculture industry;
- Drinking water treatment facilities;
- Farm irrigation water;
- Navigation locks;
- Oil rigs (FPSO); and,
- Other cement and/or steel substrates.
Some specific advantages of our anti-fouling paint:
- The paint is a "green" organic solution, non-toxic to aquatic life;
- Can be applied to both stationary and moving substrates;
- Effective in both fresh and marine waters;
- Can be applied as a paint or spray (in development);
- Can be applied while underwater;
- Many color options to suit the end-users application; and,
- Our non-toxic paint simply prevents attachment by hard fouling agents and bio-film
Our anti-fouling paints have undergone intensive evaluations by independent parties around the globe. These include: Canada - Great Lakes, USA - Colorado River, Darwin, Australia and Trondheim, Norway. More information is available on our website at www.peptidetechnologiesinc.com
Notice regarding forward-looking statements
This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and may include statements regarding our future financial performance or results of operations, including expected revenue growth. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise after the date of this press release. Additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements can be found in the reports that we have filed with the Securities and Exchange Commission.