Somerset, NJ and San Francisco, CA, Sept. 24, 2019 (GLOBE NEWSWIRE) -- With the growing attention to the need for sustainable solutions in broader textile market, there is a need to create a implement meaningful solutions across a range of market segments. Global Fiber Technologies and Regent Apparel are announcing a collaboration to create a solution in the uniform apparel and napery segments.
“This collaboration will utilize the strengths of each company to tailor a sustainability solution that meets the needs in the hospitality industry,” said Paul Serbiak, CEO GFTX, who went on to say, “We look forward to collaborating to build products that deliver on the vision of a more sustainable future for this important market segment.”
Family-owned Regent Apparel has almost a century of experience manufacturing uniforms for businesses throughout the country. Their uniform take-back program will divert thousands of pounds of textiles from landfills and redirect them to GFTX to utilize their innovative technology to provide truly circular solutions to its customers.
“As a manufacturer of tangible products, we believe we have a responsibility to identify sustainable end of life cycle product management tools,” said Alexis Miller Lettis, Regent’s VP & Director of Sustainability. “Our customers are increasingly looking for ways to operate more sustainably and we are very excited about GFTX’s ability to up-cycle our products.”
Chris Giordano Global’s President and Chairman said: “We are extremely enthusiastic and eager to start working with a group like Regent.
Regent has been a leader in the uniform space for over 95 years and has a reputation for producing very high-quality merchandise. They are also a very forward-thinking company dedicated to the idea of helping make the earth a better place by offering sustainable products to the corporate uniform market. Our proprietary technology and trade secrets in our EcoTek 360 division will be important to the collaboration between us as well as to the industry in the years to come.
We very much look forward to working with the Regent team to create co-branded sustainable products together.“
About Global Fiber technologies, Inc.
Headquartered in Somerset, New Jersey, Global Fiber Technologies, Inc. is a public traded fiber technology company founded in 2016 and headquartered in New Jersey. We are dedicated to helping the world by utilizing our portfolio of technologies to create a cleaner, greener and more efficient world for the textile industry. For more information, visit www.globalfibertechnologies.com.
About Regent Apparel, Inc.
Regent Apparel was established in San Francisco in 1921 and has been supplying durable, quality uniforms made from American made fabrics ever since. For more information visit www.regentapparel.com or contact Alexis Miller Lettis at amiller@regentapparel.com
Safe Harbor Act
Forward-Looking Statements: This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of Global Fiber Technologies, Inc., its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements including those relating to the Company's financing being adequate for the Company to place its products in retail stores, execute its acquisition strategy, and to launch its growth and expansion plans, among others, are not guarantees of future performance and involve risks and uncertainties, many of which are beyond Global Fiber Technologies, Inc.'s ability to control, and actual results may differ materially from those projected in the forward-looking statements as a result of various factors. No information in this press release should be construed in any way whatsoever as an indication of Global Fiber Technologies Inc.'s future revenues, financial performance or stock price. More information about the potential factors that could affect the business and financial results is and will be included in Global Fiber Technologies, Inc., filings with the Securities and Exchange Commission at www.sec.gov.
Contact:
Paul Serbiak, CEO
e-mail: pauls@ecotek360.com
phone: 908-230-9080
Web: https://globalfibertechnologies.com
Chris Giordano, President/Co-Chairman
e-mail: chrisg@ecotek360.com
phone: 973-390-0072
SOURCE: Global Fiber Technologies, Inc.