BioPower Operations Corporation Announces the Acquisition of FTZ Exchange LLC
11 Juin 2012 - 2:00PM
Marketwired
BioPower Operations Corporation (OTCQB: BOPO) (PINKSHEETS: BOPO)
today announced that BioPower has acquired FTZ Exchange, LLC.
FTZ provides BioPower with 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) (PINKSHEETS: 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 intends that the next exchange to be created under
FTZ's methodology is the Energy Exchange which will be owned 100%
by BioPower. Robert Kohn, BioPower Chairman and CEO, stated, "I
have founded, co-founded or formed companies through joint ventures
using a transaction fee based model combining the internet with
brick and mortar businesses. My target markets have included
utilities and companies in the energy sector, commercial real
estate, machinery and equipment, transportation, media,
manufacturing and other vertical markets. I believe that the timing
is right to utilize the internet, mobile communications and social
networking to greatly enhance transaction fee based exchanges."
About BioPower Operations Corporation
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 website can be viewed at www.biopowercorp.com
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 of BioPower
Operations Corporation and 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.
Contact: Investor Relations Constellation Asset Advisors,
Inc. 415-524-8500 BioPower Operations Corporation 954-607-2800
BioPower Operations (CE) (USOTC:BOPO)
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