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Transfer Technology Announces a Licensing Agreement With Ocean Grown, LLC

Wed. December 03, 2008; Posted: 09:01 AM
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TAMPA, FL, Dec 03, 2008 (MARKET WIRE via COMTEX) -- TTIN | Quote | Chart | News | PowerRating -- (PINKSHEETS: TTIN | Quote | Chart | News | PowerRating) Transfer Technology is pleased to announce a licensing partnership with Ocean Grown, LLC located in Ft. Pierce Florida to become a re-seller and marketer of their product line. Ocean Grown has non-toxic proprietary patent pending technology where they extract minerals from pristine deep ocean water from the Atlantic Ocean and convert that water into a concentrated solution for use as a plant and crop nutrient as an alternative to standard NPK fertilizer. To learn more about Ocean Grown, LLC please visit their website at www.oceangrown.com.

Chris A. Trina, Chairman and CEO, states, "I cannot be more pleased with our arrangement with Ocean Grown. They are a private company already producing revenues and with our internal focus on 'Green' technologies this company qualifies as a true world-class business partner. Marketing arms directly affiliated with TTI Corp. are already in discussions with some of the largest farmers in the U.S., Chile and India as well as the largest citrus producers in Florida and Brazil and early discussions have been very promising. As our relationship grows with Ocean Grown our affiliates intend to aggressively penetrate golf courses, athletic fields, lawn care services and the hugely popular home gardening industry as well."

John Hartman, CEO of Ocean Grown, stated, "The Ocean has all the minerals necessary to support life on earth and those minerals are in the same proportion in human blood. Our product is environmentally safe and friendly with no harmful run-off and actually puts minerals back into the soil and the foods grown with our product. If farmers use Ocean Grown with no pesticides for 3 years they could qualify to be considered organic and have premium products that aren't tied to commodity prices."

Please visit us at our website, www.ttinternationalcorp.com, for more information. You will be able to find our SEC filings, press releases, our stock quote and corporate updates.

About Transfer Technology International Corp. (PINKSHEETS: TTIN)

The company was formulated on the premise of acquiring, procuring and funding current technologies related to medical devices, coatings and environmentally friendly research and intellectual properties with the goal of commercializing those technologies with world-class business partners. We anticipate generating revenue from a variety of methods including transfer fees, licensing and strategic alliance fees and the sale of intellectual properties.

Disclaimer and Forward-Looking Statements -- The information contained herein regarding risks and uncertainties, which may differ materially from those set forth in these statements, in addition to the economic, competitive, governmental, technological and other factors, constitutes a "forward-looking statement" within the meaning of Section 27A of The Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward-looking information are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the forward-looking information will prove to be accurate. Accordingly, there may be differences between the actual results and the predicted results, and actual results may be materially higher or lower than those indicated in the forward-looking information contained herein.

Contact for Investors: Mr. Christoph A. Trina Chairman and CEO 813-600-4081

SOURCE: Transfer Technology International Corp.

For full details for TTIN click here.

    


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