VANCOUVER, British Columbia, June 9, 2004 (PRIMEZONE) -- The following was issued today by Robert Kramer, Director, Current Technology Corporation (OTCBB:CRTCF):
Current Technology has appointed Gromark Consumers Enterprise Pte. Ltd. ("Gromark") its exclusive distributor for the Republic of Singapore. In business for over 20 years and with strong regional business interests and networks throughout Asia and the Indian sub-continent, Gromark is based in Singapore. Gromark commenced business as a trading company representing such international brands as British American Tobacco and Moet Hennessy Asia. In recent years Gromark has evolved from general trading to a focus on health and beauty.
The definitive agreement calls for the distributor to purchase a minimum of 14 ElectroTrichoGenesis (ETG) devices over the next three years. The first device has been purchased and will be shipped within the next two weeks.
"We are proud to be associated with a company of Gromark's stature," states COO Anthony Harrison. "The management team is first rate and they have built a formidable range of contacts over the years. We are confident the relationship will yield other significant opportunities in the region."
About ETG and Current Technology Corporation
Current Technology Corporation is the developer of ETG (ElectroTrichoGenesis) a patented electrotherapeutic device that provides a clinically proven medical treatment for hair loss. ETG treatment centers are presently available in ten countries around the world. ETG has been shown to be useful in preventing or reducing hair loss in women undergoing CMF chemotherapy for breast cancer.
For further information, please see http://www.etgtreatment.com