Smokefree Innotec Lights Up European Unit
August 6, 2009 (FinancialWire) — Smokefree Innotec, Inc. (OTC: SFIO) (Current Market Cap: $30.63 Mil.) said it has formed a wholly-owned subsidiary in Antwerp, Belgium, Smokefree Innotec PvbA.
The company said that the unit is in close proximity to Smokefree’s distributor in the Benelux countries.
company president Thomas Schroepfer “Forming this subsidiary in the European Union is one more crucial step we are taking to ensure the success of our product test marketing in several countries, including Belgium.”
Nashville, Tennessee-based Smokefree Innotec designs, develops, manufactures and markets a smokeless tobacco, cigarette-style electronic device.
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