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Robix Alternative Fuels Inc
Symbol RZX
Shares Issued 16,841,103
Close 2015-08-04 C$ 0.30
Market Cap C$ 5,052,331
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Robix, Merv Marine to co-distribute products

2015-08-05 03:15 ET - News Release

Mr. Nathan Hansen reports

ROBIX SIGNS MOU FOR CO-DISTRIBUTION DEAL WITH AUSTRALIAN-BASED MERV MARINE LIMITED

Robix Alternative Fuels Inc. has signed a non-binding memorandum of understanding with Merv Marine Ltd. to co-distribute each other's products in each other's territory. The co-distribution transaction is subject to the parties entering into a binding definitive agreement.

Pursuant to the MOU, MML would market and sell the Robix C series clean ocean vessels on a worldwide basis, except in Mexico and certain other jurisdictions (where Robix already has an exclusive agreement in place), and Robix would market the MML multipurpose emergency workboat on a worldwide basis, except in Australia and certain other jurisdictions (where MML already has an exclusive agreement in place). Robix will brand the workboats as M series in the growing product offerings of Robix.

MML is an established Australian-based research and development company focused on emergency and marine needs. MML's marine emergency response vessel, the Merv, is a multipurpose workboat with optional modules for most of the cleanup needs in a marina, port and ocean with specific models for oil rigs and oil tankers. MML also offers a smaller twin outboard Marina Cleana. Both vessels are catamaran-style workboats.

Robix's C series clean ocean vessels are scalable oil spill recovery vessels. The small-end C10 can recover up to 10 cubic metres per hour while the C20, C40 and C80 increase proportionally to the existing medium-sized C160. Larger sizes are available on request. The C series is capable of efficiently and effectively recovering oil in rough and debris-laden sea conditions due to its rugged design and stable platform. Where other conventional mechanical oil recovery systems quite often fail in anything more than calm waters, the C160 can operate in waves of up to eight feet, depending on the size of the vessel.

"We are excited to be in a position to expand our product offering by adding the Merv product line to our C series suite of products," commented Nathan Hansen, president and chief executive officer of Robix.

"We are currently establishing relationships and sales channels in Eastern Canada, Alberta, British Columbia and Mexico. Having an expanded range of quality products that are truly compatible with the C series models is an excellent competitive advantage for Robix. During our discussions with clients, it becomes immediately apparent that a one-stop solution for complete oil spill recovery systems in multiple applications is in every stakeholder's best interest. This relationship with MML will contribute to those initiatives, and also opens up a whole new market for the C series where we do not have established sales channels, and visa versa."

"The Robix C series is an exceptional product addition to our catalogue, and I am very excited to be able to offer it to my customers in Australia," commented Ron Cross, president of MML. "We have identified a significant established customer base, including marinas, ports, harbours and private contractors in Australia. The C series opens up new market opportunities for us due to its scalability and ability for ocean operation. I am confident in Robix's ability to market the Merv and Marina Cleana products to the massive North American markets. The scalable Merv design with its many modular options can become a large part of the worldwide workboat market, a $26-billion-a-year industry."

Mr. Cross added, "This relationship with Robix was initiated by Merv Marine Canada Inc., on behalf of all Merv Marine companies, and we are very pleased to be making this joint announcement to work together to bring a better solution to the world's water and environment problems."

About Merv Marine

Merv Marine (MML) is an Australian-based research and development company focusing on all emergency and marine needs. The marine emergency response vessel, the Merv, is a multipurpose workboat with optional modules for most of the needs in a marina, port and ocean with specific models for oil rigs and oil tankers. The special design characteristics allow for optional modules that could be added when there is a spill emergency, fire or other disaster, as well as for other non-emergency uses such as picking up all floating debris with the patent-pending trash collector.

We seek Safe Harbor.

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