MAINZ, Germany, Oct. 31, 2005 (PRIMEZONE) -- Coattec Industries, Inc. (Pink Sheets:CTCK) announces the retention of ZA Consulting Inc. to provide the Company with investor relations and financial communications services. ZA Consulting, based in New York City, is a full service investor relations and strategic consulting firm that specializes in providing emerging microcap companies with timely and actionable guidance within the financial marketplace.
ZA Consulting will work closely with Coattec Industries to develop an effective investor relations program encompassing financial news and media strategies to increase awareness of the Company and its products within the U.S. capital markets and investment community.
Bernd Meinecke, President and CEO of Coattec Industries, commented, "We are very pleased to have ZA Consulting lead our investor relations efforts. It is very important that we establish a U.S. presence to convey our mission to penetrate the American housing markets with our unique and effective coating formulas. We look forward to working very closely with ZA in order to develop the most effective financial communications policy to help us achieve our goals."
About Coattec Industries, Inc.
Coattec Industries owns the exclusive license to technology to create a proprietary coating that has applications in various industries, primarily the residential housing market. The main use of the Company's coating will be for roofing foils and housewraps that provide insulation and a humidity barrier while inhibiting the growth of mold in new homes. The coating's antibacterial properties make it useful in other industries including the home improvement industry as filters for air conditioning units, the automotive industry as a potential replacement for PVC, and the glass industry for abrasion control.
Information Regarding Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations.