METALAST/Japanese Partnership |
| Nissho Iwai Corporation, Japan’s fifth largest trading company, with annual sales in excess of $80 billion, has submitted a Letter of Intent to METALAST International, Inc. regarding their interest in acquiring the Asian Master Licensing Rights to the METALAST Technology. The company is considering a joint agreement with Techno-Venture Co., Ltd. also of Japan. Eiji Tanaka and Yoichi Ishijima, General Manager of Techno-Venture, visited the Tech Center in July. In addition, two senior executives, Deputy General Hideo Miyamoto and General Manager Masataka Shishime, from the Metal and Ore Department of Nissho Iwai Corporation recently visited Universal Metal Finishing (METALAST Chicago Licensee) and the METALAST Tech Center as a part of their initial due diligence review. METALAST International, Inc. offers a complete technology to the aluminum anodizing industry through a growing national network of METALAST licensed job shops and captive manufacturing facilities. The technology includes: advanced chemistry, computer process control, research and development, education, training and technical support services. The METALAST Tech Center is the world’s only research facility dedicated to aluminum anodizing and is located in Minden, Nevada near Reno/Lake Tahoe. For more information access www.metalast.com. Press Contacts: Todd Landaburu For all of METALAST's Press Resources on the internet visit:
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