LOS ANGELES and CARSON CITY, Nev., Aug. 28, 2012 /PRNewswire/ -- Rapid Fire Marketing (Pink Sheets: RFMK) announced today that HexCorp, Inc., a California based research and development Company that is developing all current and future products for Rapid Fire Marketing, has signed a global non-compete agreement with the Company. The agreement stipulates that HexCorp will not 'knock-off' or sell technology which is proprietary to Rapid Fire Marketing's products to individuals or companies seeking to compete with the company in the marketplace.
"We are not a one-trick pony. In fact, by the end of the year, our product line will include four products as well as sales for accessories and spare parts for all units," said Judah Neiditch, Director of Product Development and Production on behalf of Rapid Fire Marketing. "We will stay ahead of the competition and, in effect, create a moving target for competitors by continually introducing new and better products as well as improving existing products."
Neiditch continued, "The vaporizer business is a tough and competitive business. All too often, companies or individuals that develop a new product end up with a short life because their producer will use the same ideas and technology themselves or sell the technology and proprietary parts to competitors at a discount. This enables competitors to immediately rebrand a device and undercut the prices of the original product. This leaves the creator of the product in a difficult and indefensible position. We no longer need be concerned with this potential problem."
"When bringing an idea to market it is essential that your product, business or service brings a new level of innovation," said Zander Winstead, Senior Project Manager for HexCorp. "A good idea is a good idea, but an innovative idea changes consumer expectations and creates industry shifts. We at HexCorp have developed many game-changing products for clients that recognize industries that need 'shifts' in their targeted niche market. Launching a proprietary or 'new' idea in an established industry is a challenge, but by presenting a product that is unlike any other product on the current market can ultimately help the success of your project. Rapid Fire Marketing has identified their niche and we look forward in continuing our development for innovative and game-changing products."
"HexCorp has been great to work with over the last several months and this agreement gives us a whole new level of comfort in our relationship," said Tom Allinder, CEO of Rapid Fire Marketing.
From time to time, the Company may issue news releases that contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. This material may contain statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, the Company claims the protection of the safe harbor for forward-looking statement provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based upon expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those anticipated.
SOURCE Rapid Fire Marketing