FendX Shares Early Results from Real-World Testing of REPELWRAP(TM) Film and Provides Corporate Update
FendX Technologies (OTCQB: FDXTF) has announced positive initial results from real-world testing of its REPELWRAP™ film at a test site. The film, applied to a high-touch surface, maintained its repelling properties when tested against two surface-dwelling bacteria, including MRSA, as analyzed by McMaster University.
The company plans to conduct additional real-world performance testing of REPELWRAP™ film. Additionally, FendX has secured two strategic partnerships: a 12-month consulting agreement with a marketing firm for brand awareness services (pending financing), and a three-month agreement with Outside The Box Capital Inc. (OTB) for investor relations services at a fee of $288,000, with services expected to commence around March 19, 2025.
FendX Technologies (OTCQB: FDXTF) ha annunciato risultati iniziali positivi dai test nel mondo reale del suo film REPELWRAP™ in un sito di prova. Il film, applicato su una superficie ad alta frequenza di contatto, ha mantenuto le sue proprietà repellenti quando testato contro due batteri presenti sulla superficie, incluso il MRSA, come analizzato dalla McMaster University.
L'azienda prevede di condurre ulteriori test di prestazione nel mondo reale del film REPELWRAP™. Inoltre, FendX ha ottenuto due partnership strategiche: un accordo di consulenza di 12 mesi con un'agenzia di marketing per servizi di brand awareness (in attesa di finanziamento) e un accordo di tre mesi con Outside The Box Capital Inc. (OTB) per servizi di relazioni con gli investitori a un costo di $288,000, con i servizi previsti per iniziare intorno al 19 marzo 2025.
FendX Technologies (OTCQB: FDXTF) ha anunciado resultados iniciales positivos de las pruebas en el mundo real de su película REPELWRAP™ en un sitio de prueba. La película, aplicada a una superficie de alto contacto, mantuvo sus propiedades repelentes cuando se probó contra dos bacterias de superficie, incluido el MRSA, según el análisis de la Universidad de McMaster.
La empresa planea realizar pruebas adicionales de rendimiento en el mundo real de la película REPELWRAP™. Además, FendX ha asegurado dos asociaciones estratégicas: un acuerdo de consultoría de 12 meses con una firma de marketing para servicios de reconocimiento de marca (pendiente de financiamiento) y un acuerdo de tres meses con Outside The Box Capital Inc. (OTB) para servicios de relaciones con inversores por un costo de $288,000, con servicios que se espera comiencen alrededor del 19 de marzo de 2025.
FendX Technologies (OTCQB: FDXTF)는 테스트 사이트에서 REPELWRAP™ 필름의 실제 테스트에서 긍정적인 초기 결과를 발표했습니다. 이 필름은 고접촉 표면에 적용되었으며, McMaster University의 분석에 따르면 MRSA를 포함한 두 가지 표면 세균에 대해 테스트했을 때 그 방어 특성을 유지했습니다.
회사는 REPELWRAP™ 필름의 추가 실제 성능 테스트를 수행할 계획입니다. 또한, FendX는 두 가지 전략적 파트너십을 확보했습니다: 브랜드 인지도 서비스를 위한 마케팅 회사와의 12개월 컨설팅 계약(자금 조달 대기 중)과 투자자 관계 서비스를 위한 Outside The Box Capital Inc. (OTB)와의 3개월 계약으로, 비용은 $288,000이며, 서비스는 2025년 3월 19일경 시작될 예정입니다.
FendX Technologies (OTCQB: FDXTF) a annoncé des résultats initiaux positifs des tests en conditions réelles de son film REPELWRAP™ sur un site d'essai. Le film, appliqué sur une surface à fort contact, a maintenu ses propriétés répulsives lorsqu'il a été testé contre deux bactéries de surface, y compris le MRSA, comme l'a analysé l'Université McMaster.
L'entreprise prévoit de réaliser des tests de performance supplémentaires en conditions réelles du film REPELWRAP™. De plus, FendX a sécurisé deux partenariats stratégiques : un contrat de conseil de 12 mois avec une agence de marketing pour des services de sensibilisation à la marque (en attente de financement) et un contrat de trois mois avec Outside The Box Capital Inc. (OTB) pour des services de relations avec les investisseurs pour un montant de 288 000 $, les services devant commencer aux alentours du 19 mars 2025.
FendX Technologies (OTCQB: FDXTF) hat positive erste Ergebnisse aus realen Tests seines REPELWRAP™ Films an einem Teststandort bekannt gegeben. Der Film, der auf einer stark beanspruchten Oberfläche aufgetragen wurde, behielt seine abweisenden Eigenschaften, als er gegen zwei Oberflächenbakterien, einschließlich MRSA, getestet wurde, wie von der McMaster University analysiert.
Das Unternehmen plant, weitere reale Leistungstests des REPELWRAP™ Films durchzuführen. Darüber hinaus hat FendX zwei strategische Partnerschaften gesichert: einen 12-monatigen Beratungsvertrag mit einer Marketingfirma für Dienstleistungen zur Markenbekanntheit (unter Vorbehalt der Finanzierung) und einen drei-monatigen Vertrag mit Outside The Box Capital Inc. (OTB) für Dienstleistungen im Bereich Investor Relations zu einer Gebühr von 288.000 USD, wobei die Dienstleistungen voraussichtlich um den 19. März 2025 beginnen werden.
- Successful real-world testing of REPELWRAP™ film showing effectiveness against MRSA bacteria
- Strategic expansion of marketing and investor relations capabilities through new partnerships
- Marketing agreement implementation dependent on securing additional financing
- Significant cash outlay of $288,000 for short-term 3-month IR services contract
Oakville, Ontario--(Newsfile Corp. - March 12, 2025) - FendX Technologies Inc. (CSE: FNDX) (OTCQB: FDXTF) (FSE: E8D) (the "Company" or "FendX"), a nanotechnology company developing surface protection coatings, is pleased to announce that its REPELWRAP™ film performed well in its first real-world testing at one of the Company's previously announced test sites.
Testing involved applying REPELWRAP™ film to a high-touch surface in a location at the test site that is known to be subjected to numerous touches. After the testing period, the Company had McMaster University ("McMaster") analyze the film in its lab. Findings indicate that the test film maintained its repelling properties when tested against two surface-dwelling bacteria that can cause serious infections, including MRSA. The Company intends to conduct additional real-world performance testing of REPELWRAP™ film.
The Company also announces it has entered into a consulting agreement dated March 11, 2025 with a third-party marketing firm, to provide FendX with marketing services, including, designing, creating and distributing content to increase brand awareness and assisting the Company with developing marketing strategies (the "Services"), for a period of 12 months. The Services will commence upon FendX completing a financing and confirming a budget for the Services to be provided.
The Company also announces that it has entered into an agreement with Outside The Box Capital Inc. ("OTB") on March 11, 2025 for the provision of investor relations, marketing and distribution services (the "IR Services"). Pursuant to the agreement, OTB has agreed to provide the IR Services to the Company for a period of three months in exchange for a fee of
About REPELWRAP™ Film
REPELWRAP™ film is the Company's first product in development and is a protective surface coating film that leverages the Company's award-winning nanotechnology. REPELWRAP™ film has demonstrated unique repelling properties that reduce adhesion of pathogens, bacteria, and viruses by >
About FendX Technologies Inc.
FendX is a Canada-based nanotechnology company focused on developing products to make people's lives safer by reducing the spread of pathogens. The Company is developing both film and spray products to protect surfaces from contamination. The lead product under development, REPELWRAP™ film, is a protective surface coating film that, due to its repelling properties, prevents the adhesion of pathogens and reduces their transmission on surfaces prone to contamination. The spray nanotechnology is a bifunctional spray coating being developed to reduce contamination on surfaces by repelling and killing pathogens. The Company is conducting research and development activities using its nanotechnology in collaboration with industry-leading partners, including McMaster University. The Company has exclusive worldwide licenses to its technology and IP portfolio from McMaster, which encompass both film and spray coating nanotechnology formulations.
ON BEHALF OF THE COMPANY
"Carolyn Myers"
Carolyn Myers
Chief Executive Officer and Director
Contacts:
Dr. Carolyn Myers, CEO and Director
1-800-344-9868
investor@fendxtech.com
For more information, please visit https://fendxtech.com/ and the Company's profile on SEDAR+ at www.sedarplus.ca.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of Canadian securities legislation, including with respect to: the plans of the Company; statements regarding the Company's plans to conduct additional real-world performance testing of REPELWRAP™ film; statements regarding the Company's ability to complete a financing sufficient to commence the Services and confirming a budget for the Services to be provided; statements regarding the anticipated commencement date of the IR Services; statements regarding the Company's intentions and the Company's belief that REPELWRAP™ film will have applications in healthcare settings and other industries. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements are only predictions and involve known and unknown risks which may cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking statements, including: risks that the Company will not complete a financing or raise sufficient funds to complete all of its planned activities; risks that the Company's products may not perform as, or have the benefits, expected; risks related to research and development activities; risks that the Company's products may not be accepted and adopted by the public; the risk that the Company will not obtain necessary approvals and/or clearances as anticipated or at all; the risk that there will be delays in commencing any further performance testing as anticipated or at all; the risk that the Company will receive negative results from the Company's performance testing; the effects of government regulation on the Company's business; risks associated with the Company's ability to obtain and protect rights to its intellectual property; risks and uncertainties associated with the Company's ability to raise additional capital; and other factors beyond the Company's control. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity or performance. Further, any forward-looking statement speaks only as of the date on which such statement is made and, except as required by applicable law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all of such factors and to assess in advance the impact of such factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Readers should consult all of the information set forth herein and should also refer to the risk factor disclosure outlined in the Company's filings with the British Columbia Securities Commission on SEDAR+ at www.sedarplus.ca.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244287
FAQ
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