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
services.
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
at www.BioPowerCorp.com and www.ftzexchange.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
SOURCE BioPower Operations Corporation