LOS ANGELES, Jan. 5, 2006 (PRIMEZONE) -- During this exciting time of merger and enormous sales to China, Victor Industries (OTCBB:VICI) has not neglected its commitment to the domestic market. Arrangements are now underway to test its organically formulated EnviroTurf(tm) with one of the largest sod and turf distributor/producers in America. A successful test would not only help Victor make substantial inroads into the lucrative sod and turf market, but it would open up considerable retail outlets which have strategic relationships with the sod and turf distributor. An order has been placed and twenty-two tons of organic product is being ground and bagged for expedited shipment.
Final merger negotiations with broadband solution provider Zhejiang Fibersense Communications Technology Co. Ltd. (FSP China) are moving forward at an accelerated pace. Specific terms of the merger will be released to the public in the future upon mutual agreement of representatives of both companies.
Zhejiang Fibersense Communications Technology Co. Ltd. (FSP) (www.fsp.com.cn) has signed exclusive multi-year contracts with the government of China and major telecommunication companies to supply VoIP (Voice over Internet Protocol) and Wireless Broadband (802.16 WiMax) voice-and-data fixed-and-wireless telecommunication services. FSP has set up sales and engineering office centers in Hangzhou, Beijing, Chungdu, Shenzhen and Hong Kong. The Company is committed to providing cost-effective integrated VoIP and WiMax system solutions conforming to Chinese and international standards.
To learn more about Victor Industries click on www.VictorIndustries.com, or call our toll free number at: (800) 949-1230.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from prior periods, and those projected in forward-looking statements. Information with respect to these factors which could materially affect the Company and its operations are included on certain forms the Company files with the Securities and Exchange Commission.