LETHBRIDGE, ALBERTA--(Marketwired - Oct. 26, 2015) - Robix Alternative Fuels, Inc. ("Robix" or the "Company") (CSE:RZX)(FRANKFURT:R0X) announced today that it has entered into a Joint Marketing Agreement with Canadian Floating Fence Corporation (CFFC), a private Canadian Corporation based in Calgary, Alberta. CFFC is the developer, intellectual property owner and manufacturer of XBOOM® Floating Fence and associated XBOOM® gear. The parties have found their respective lines of environmental protection products to be extremely complimentary and have agreed to share marketing efforts and represent the other party's products in specific territories and vertical markets.
The XBOOM® is a complementary product to Robix C Series and P Series product lines. Simply put the XBOOM® is a floating fence that is made of material that allows water to pass through it while trapping and containing oil. A recipient of the ASTECH award for environmental technological advances, the XBOOM® can be deployed in any body of water, including oceans, lakes and settling ponds. When used in conjunction with Robix products, the XBOOM® traps oil and directs it toward the contra rotating drums of the Robix C or P Series units, enabling these units to more efficiently pick up oil from the surface of the water. CFFC will be demonstrating the XBOOM® with the Vancouver fire department at the Burrard Civic Marina on Monday, 26 October at 9 AM. Interested parties are invited to contact CFFC at www.xboom.co
"The XBOOM® fence is an excellent product. In the C Series application, with a simple deployment it essentially contains the oil for us rather than us having to chase the oil on the water," commented Nathan Hansen, President and CEO of Robix Fuels. "This makes picking up the oil faster and easier. In the case of the C Series, which is our oil spill recovery vessels, improving our response time to recover spilt oil from bodies of water is critical as the longer it sits on the surface the more environmental damage is done and the more difficult mechanical recovery becomes. In the case of the P Series we are focused on recovering oil in settling ponds at oil production facilities. In that case, our customers are paying us to shorten the time it takes to get that oil from the ponds into the refinery for processing. In both cases times is money for us and our customers."
"Our XBOOM® product is excellent at containing oil, while the Robix C and P Series product lines are exceptional at recovering oil from the surface of water. The two technologies are a perfect fit and we see a number of applications for the combined product offering globally," commented Stephen Neal, CEO of CFFC.
Robix's C Series clean ocean vessels are scalable oil spill recovery vessels. The small end C10 can recover up to 10 m3/hr while the C20, C40 and C80 increase proportionally to the medium sized C160. Larger sizes are available on request. The C Series is capable of efficiently and effectively recovering oil in rough and debris laden sea conditions due to its rugged design and stable platform. Where other conventional mechanical oil recovery systems quite often fail in anything more than calm waters, the C160 can operate in waves up to 8 feet, depending on the size of the vessel.
The Robix P Series is a stationary platform that was developed for settling pond applications. The P Series uses the patented drum technology to siphon oil from the surface of the ponds within oil production facilities. The recovered oil is then processed at the customer's facility. The Company's first model is the P140, which has an oil recovery rate of 140 m3/hr. On October 20, 2015 Robix announced it had received technical and legal approval from Petroleos Mexicanos ("Pemex") to lease the P Series Units. The CFFC product has been submitted as part of the P Series program with Pemex.
About CFFC Limited
Canadian Floating Fence Corporation (CFFC) is a private Canadian Corporation based in Calgary, Alberta. CFFC is the developer, intellectual property owner and manufacturer of XBOOM® Floating Fences and associated XBOOM® gear. For further information please contact CFFC at www.XBOOM.co
About Robix Alternative Fuels
The Corporation is an "industrial products/technology" company, which has developed an oil spill recovery vessel with the capability to recover oil not only in rough and debris laden sea conditions but also in more contained environments such as lakes, rivers and tailings ponds. Robix has recognized a worldwide market opportunity for effective containment, recovery and disposal equipment, particularly in the oil spill protection industry. The business model is focused on Robix becoming a large-scale provider of services and/or equipment under licensing arrangements with other industry participants, wherein Robix will use its patented design solution.
No stock exchange or any securities regulatory body has reviewed the contents of this news release.
This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.
Source: Marketwired (Canada)
(October 26, 2015 - 6:30 AM EDT)
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