WILTON, CONNECTICUT -- 11/06/09 --
ZEOX Corporation (the "Company" or "ZEOX") (TSX VENTURE: ZOX)(FRANKFURT: ZED), hosted its Inaugural Investor Conference Call yesterday. Garold R. Spindler, Chairman & CEO said "I am pleased to be able to inform shareholders and the investment community of the encouraging developments occurring at ZEOX Corporation. Management has taken many substantive steps with positive results". The following were highlights from the call:
- As a result of a dedicated marketing effort, Ash Meadows is experiencing
growth in revenues and new customers.
- Monthly operating costs have decreased $100,000
- Payables have decreased over $1 million or approximately 40%.
- Negotiations are occurring with large distributors to process and market
the Company's Zeofume product.
- The Company continues to move forward toward commercializing its Chabazite
deposit for use in specialized filtration applications.
- The Company anticipates closing the First Tranche of its Private Placement
today.
"We have accomplished many goals in new management's first two months. We realize that shareholders want results quickly. We will continue to build real value and effectively communicate developments to the market" added Mr. Spindler. The Company would like to thank all who participated in the conference call wished to remind all interested parties that a replay is available at www.zeoxcorporation.com.
For a more complete business and financial profile of the Company, management encourages interested parties to view the Company's documents posted on www.sedar.com.
On behalf of the Board of Directors
Garold R. Spindler, Chairman and CEO
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
Contacts:
ZEOX Corporation
Michael Shea
(203) 210-5614
