FutureVest Completes Acquisition of Barotex Advanced Fiber Technology to Become Barotex...

* Reuters is not responsible for the content in this press release.

Tue Jan 22, 2008 9:00am EST

FutureVest Completes Acquisition of Barotex Advanced Fiber Technology to Become Barotex Technology Corporation

     Barotex public shares trade on the OTC Pink Sheets under the
                             symbol 'BARX'
BRENTWOOD, Calif.--(Business Wire)--Garrett K. Krause, Executive Director of FutureVest confirms the
acquisition of Barotex Technology, Inc. from Zicron Corporation
previously announced on December 12, 2007 has been completed and the
combined company is now called Barotex Technology Corporation. The
common shares of Barotex are now trading on the OTC Pink Sheets under
the new symbol 'BARX'.

   Barotex Material Company was founded in 1996 by Lilo Beuzieron and
was incorporated as Barotex Technology, Inc. in 2004 after 8 years of
intense research and development. Barotex prime function was to
design, develop and bring to market a specialty composite type fiber
with application in a multitude of markets as a woven fabric, filament
wound configuration, continuous weave product, a chopped fiber and a
spun fiber that has high-heat resistance and sound
deadening/insulating properties.

   Barotex fibers are currently processed out of mineral rocks of
volcanic origin through multiple confidential patented processes. The
base fibers formulated with carbon or ceramic fibers and/or various
metals have been developed into new hybrid composite type materials
and technologies to open a new page in 21st Century fiber material
science. Depending upon the weave and composite material introduced
into the fibers, BAROTEX can work as a replacement for Carbon Fiber,
Kevlar and other such high demand materials.

   For more information please visit www.BarotexTechnology.com

   About Barotex Technology Corporation

   As an innovative specialty fiber company, Barotex Technology
Corporation has developed fibers that represent a truly disruptive and
paradigm shifting technology with broad based application across many
market sectors that will redefine the way the world views and utilizes
composite materials. Barotex can efficiently and cost effectively
replace the reigning composite material industry leaders such as glass
and mineral fibers (fiberglass, carbon fiber, kevlar, etc.) or Barotex
can be combined with these composite materials to produce stronger,
lighter, lower cost products.

   This press release may contain forward-looking statements. Any
statements that express or involve discussion with respect to
predictions, expectations, beliefs, plans, projections, objectives,
goals, assumptions or future events or performance are not statements
of historical facts may be forward-looking statements. Forward-looking
statements are based on expectations, estimates and projections at the
time the statements are made to involve a number of risks and
uncertainties which could cause actual results or events to differ
materially from those presently anticipated.

Barotex Technology Corporation
Investor/Media Contact:
Garrett K. Krause, 310-451-7400
Fax: 310-919-3116
Barotex@FutureVest.com

Copyright Business Wire 2008
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.