Clearwater, FL -- (SBWIRE) -- 02/03/2015 -- Bulova Technologies Group, Inc. (OTC: BTGI) (the "Company") today announced the signing of an Exclusive Distributor's Agreement for Marketing and Sales of OsteoFx Casts. This new business venture will operate under the Bulova Technologies Advanced Products LLC subsidiary.
OsteoFx Casts is a light weight water resistant cast system and an intelligent new approach for fracture care. The casts are easy to apply and breathable, which results in better comfort and less skin irritation. The leg and arm casts are available in a number of sizes in order to satisfy the shape and dimensions of the patient.
The Company has secured exclusivity for distributing the OsteoFx Casts to the Federal Government of the United States including, but not limited to, the Department of Defense, as well as the United Nations and its agencies.
The Company intends to market the casts along with additional products it may acquire through the newly created entity.
Stephen L. Gurba, President and CEO of Bulova Technologies Group, Inc. stated, "We are excited about the innovative OsteoFx Cast System and our Exclusive Distributor Agreement. Due to the lengthy history Bulova has with the US Government and its agencies we are confident there is a demand for the product. This opportunity bolsters our ability to significantly increase sales and profitability."
About Bulova Technologies Group, Inc.
Please visit our website at www.bulovatechgroup.com for more information.
Forwards Looking Statement
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management.
Source: UPTICK Newswire