BioPower Operations Corporation Announces that FTZ Exchange Signs Strategic
Alliance with Capacity 360, LLC and Tom Settineri
FT. LAUDERDALE, Fla., Aug. 2, 2012
FT. LAUDERDALE, Fla., Aug. 2, 2012 /PRNewswire/ --BioPower Operations
Corporation(OTCQB: BOPO) today announced that its wholly-owned subsidiary FTZ
Exchange has executed a Strategic Alliance with Capacity 360, LLC and Founder
Tom Settineri to develop excess capacity transactions.
Capacity 360, LLC is a company that assists Global 2000 corporations in
developing excess capacity strategies to optimize and monetize their unused,
under-utilized manufacturing capacities and assets, while meeting each
corporation's strategic goals. Capacity 360's proven business model increases
a corporate return on investment by utilizing excess capacity and realizing
economies of scale combined with the development of new channels of
distribution for the corporation's products, services and assets.
Thomas Settineri, the founder of Capacity 360, LLC, has over 30 years of
experience in the establishment and implementation of proven Capacity and
Marketing strategies as functional economic responses to a company's need for
new business development for their internal and external markets. Mr.
Settineri will be exclusive in providing the off-line management, expertise,
and initial projects for the Strategic Alliance. The alliance is designed to
develop trade disposition programs to unwind, remarket, and sell corporate
capacities of unused, and under-utilized manufacturing time, products and
Mr. Settineri stated:"There are many benefits for major corporations,
including increased credit and improvements in cash flow and working capital,
wider market availability, increased sales and more jobs as a result of
improved economic activity. We are excited to bring our initial projects and
opportunities to the strategic alliance. I have over 30 years of experience,
along with my staff, in doing business with many multi-national corporations.
We will offer FTZ a proven network of companies that will bring compelling
opportunities and revenues to the Alliance."
Robert Kohn, BioPower Chairman and CEO, stated, "Mr. Settineri and I worked
closely together when he was the President of a media purchasing and trading
business doing $500 million in annual revenue. Mr. Settineri's unique
capacity business models are excellent methodologies for Global 2000
manufacturers to create jobs and increase profits."
The Alliances initial transactions will be developed off-line. Our plans are
to launch our FTZ Capacity Exchange.
About BioPower Operations Corporation
FTZ Exchange LLC is a wholly-owned subsidiary of BioPower Operations
Corporation and uses its business know-how of on-line and off-line commercial
trade strategies to create transaction fee-based internet exchanges to sell
products and services to business-to-business and business-to-consumer
communities.FTZ currently owns 50% of the QX Health Exchange LLC, with
Quture, Inc., a wholly owned subsidiary of Techs Loanstar, Inc.(OTCQB:
TCLN). QX Health Exchange intends to bring quality and competitively priced
products and services to the global medical and healthcare marketplace. The
QX Health Exchange intends to establish a B2B and Health Provider to Patient
(HP2P) Quality Health Exchange that will serve to connect hospitals/medical
facilities; physicians; health workers; insurance providers, medical tourism
and patients by providing quality health through valued products, services and
technologies at competitive prices. The QX Health Exchange also intends to
sell its own branded health programs and products.
BioPower Operations Corporation is a development stage, reporting company,
focused on growing biomass coupled with the production and sale of biomass
products and byproducts. The senior management team has analyzed numerous
biomass technologies and various market niche opportunities resulting in short
term plans to produce and sell biomass oils that can be converted into oils,
biofuels, animal feed or electricity. Biomass is a broad term that
encompasses all plant and animal matter that can be used either as a source of
energy or for its chemical components when converted into bio oils, biofuels,
green electricity, animal feed and other valuable products.
The company's websites can be viewed atwww.BioPowerCorp.com and
Forward-Looking Safe Harbor Statement:
This press release contains statements, which may constitute "forward-looking
statements" within the meaning of the Securities Act of 1933 and the
Securities Exchange Act of 1934, as amended by the Private Securities
Litigation Reform Act. The Private Securities Litigation Reform Act of 1995
(PSLRA) implemented several significant substantive changes affecting certain
cases brought under the federal securities laws, including changes related to
pleading, discovery, liability, class representation and awards fees and of
1995. Those statements include statements regarding the intent, belief or
current expectations ofBioPower Operations Corporationand members of its
management as well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and uncertainties,
and that actual results may differ materially from those contemplated by such
forward-looking statements. The Company undertakes no obligation to update or
revise forward-looking statements to reflect changed.
Constellation Asset Advisors, Inc.
BioPower Operations Corporation
SOURCE BioPower Operations Corporation
Press spacebar to pause and continue. Press esc to stop.