LETHBRIDGE, ALBERTA--(Aug. 5, 2015) - Robix Alternative Fuels, Inc. ("Robix" or the "Company") (RZX:CNX) (FRANKFURT:R0X) announced today that it has signed a non-binding Memorandum of Understanding ("MOU") with MERV Marine Limited ("MML"), to co-distribute each other's products in each other's territory. The co-distribution transaction is subject to the parties entering into a binding definitive agreement.
Pursuant to the MOU, MML would market and sell the Robix C Series clean ocean vessels on a worldwide basis, except in Mexico and certain other jurisdictions (where Robix already has an exclusive agreement in place) and Robix would market the MML multi-purpose emergency workboat on a worldwide basis, except in Australia and certain other jurisdictions (where MML already has an exclusive agreement in place). Robix will brand the workboats as "M Series" in the growing product offerings of Robix.
MML is an established Australian based Research and Development company focused on emergency and marine needs. MML's Marine Emergency Response Vessel, the "MERV", is a multi-purpose workboat with optional modules for most of the clean-up needs in a marina, port and ocean with specific models for oil rigs and oil tankers. MML also offers a smaller twin outboard Marina Cleana. Both vessels are catamaran style workboats.
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 existing 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 C 160 can operate in waves up to 8 feet, depending on the size of the vessel.
"We are excited to be in a position to expand our product offering by adding the MERV product line to our C Series suite of products," commented Nathan Hansen, President and CEO of Robix. "We are currently establishing relationships and sales channels in Eastern Canada, Alberta, British Columbia and Mexico. Having an expanded range of quality products that are truly compatible with the C Series models, is an excellent competitive advantage for Robix. During our discussions with clients it becomes immediately apparent that a one-stop solution for complete oil spill recovery systems in multiple applications is in every stakeholder's best interest. This relationship with MML will contribute to those initiatives, and also opens up a whole new market for the C Series where we do not have established sales channels, and vice versa."
"The Robix C Series is an exceptional product addition to our catalogue, and I am very excited to be able to offer it to my customers in Australia," commented Ron Cross, President of MML. "We have identified a significant established customer base including marinas, ports, harbours and private contractors in Australia. The C Series opens up new market opportunities for us due to its scalability and ability for ocean operation. I am confident in Robix's ability to market the MERV and Marina Cleana products to the massive North American markets. The scalable MERV design with its many modular options can become a large part of the world wide Workboat market, a 26 billion-dollar-a-year industry."
Mr. Cross added, "This relationship with Robix was initiated by MERV Marine Canada Inc., on behalf of all MERV Marine companies, and we are very pleased to be making this joint announcement to work together to bring a better solution to the world's water and environment problems."
About MERV Marine Limited
Merv Marine Limited, (MML), is an Australian based Research and Development company focusing on all emergency and marine needs. The Marine Emergency Response Vessel, the M.E.R.V., is a multi-purpose workboat with optional modules for most of the needs in a marina, port, and ocean with specific models for oil rigs and oil tankers. The special design characteristics allow for optional modules that could be added when there is a spill emergency, fire, or other disaster; as well as for other non-emergency uses such as picking up all floating debris with the 'patent pending' Trash Collector.
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.
Robix Alternative Fuels Inc.
President & CEO
Robix Alternative Fuels Inc.
Chief Financial Officer
The Howard Group
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The Howard Group
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