Lexon Technologies, Inc., to Exclusively Manufacture GoECOlife(TM) Remanufactured Toner Cartridges

LA MIRADA, Calif., Feb. 25 /PRNewswire-FirstCall/ -- Lexon Technologies, Inc. (OTC Bulletin Board: LEXO) today announced the completion of a Business Alliance and Exclusive Supply Agreement with INTEK America, Inc., an established office product manufacturer/supplier based in Rancho Dominguez, California.  Under the terms of the Agreement, Lexon will be the exclusive manufacturer of a co-developed new product line: GoECOlife™ Remanufactured Toner Cartridges.  Established by INTEK, GoECOlife™ is a brand focused on providing certified environmentally responsible products for the home and office.  

GoECOlife™ Remanufactured Toner Cartridges, co-developed by INTEK and Lexon, are set for commercial distribution within the next three months.  The product's features will include:

James Park, CEO of Lexon Technologies, stated: "People not familiar with our industry may not grasp the significance and potential of this product line. Remanufactured toner is already inherently 'eco-friendly'. After all, it does take up to three quarts of crude oil on average to manufacture a new toner cartridge. However, all current product on the market utilizes plastic in their packaging. We will be offering packaging that utilizes a biodegradable anti-static bag as well as biodegradable insulating packing material. Along with a recycled shipping carton, no use of plastic box sealing tape (we use paper tape), and inclusion of a prepaid return shipping label, so that we can repurpose or responsibly recycle the used cartridges, we believe we would be delivering the 'eco-friendliest' remanufactured toner cartridge on the market. With INTEK's established history as a supplier to the big box retailers and mega stores, our partnership will be able to benefit from intrinsic synergies, and combined with the timely product launch of GoECOlife™ Remanufactured Toner Cartridges, we are expecting otherwise unplanned growth in 2010."  

Herman Chang, CEO of INTEK states: "Our collaboration with Lexon was carefully deliberated. We were impressed with their product quality and their long history in the recycled toner business.  We also considered their recent rapid growth, their status as a public vehicle and, of course, their solid fundamentals.  What we have are sales channels to most of the major players in our industry.  As toner is consumable, we expect to have regular and high volume sales.  GoECOlife™ Remanufactured Toner Cartridges will be an important facet of our company's growth strategy in the coming year."

Updates to progress of this project will be provided in future press releases.

About INTEK (GoECOlife™)

GoECOlife™ is dedicated to introducing environmentally preferable, smart, everyday devices and products that ultimately contribute to sustaining our future. GoECOlife™ manufactures certified biodegradable/compostable products and utilizes recycled and Restriction of Hazardous Substances (RoHS)-compliant, lead-FREE materials both in products and packaging whenever possible, as well as proprietary energy-conserving technologies. Please visit www.goecolife.com.

About Lexon Technologies, Inc.

Lexon Technologies is an environmentally responsible company, a manufacturer of recycled toner for laser printers, fax and multifunction copiers. The Company primarily services large retailers and distributors but also has a growing internet division. Lexon has over 350 product lines with product prices generally 30-60% less than original (OEM) toner cartridges. With a product defect percentage of less than 1%, Lexon also offers a 100% guarantee on all of its products.

The company, based in La Mirada, California, (www.ptoner.com), has a 35,000 square foot factory on the premises, 86 employees, and the capacity to manufacture 50,000 cartridges per month and recycles 350 different models of toner cartridges.

    
    
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SOURCE Lexon Technologies, Inc.