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OxySure Systems, Inc. (OXYS) Secures Distribution Partner In South America

|Includes: OxySure Therapeutics, Inc. (OXYS)

OxySure Systems, a medical technology company that has pioneered a safe and easy to use solution to produce medically pure (USP) oxygen from inert powders, has signed a distribution agreement with Tecnología Contra Incendios Python E.I.R.L. ("Python") to represent OxySure in its market penetration in Chile, South America.

This is the first distribution agreement stemming from OxySure's exhibition at Medica 2013, the international medical tradeshow in Dusseldorf, Germany, in November 2013.

Santiago, Chile-based Python sells safety equipment and supplies to mining and manufacturing companies, service organizations, government departments, some health centers, and fire and traffic departments. The company's product lines include first aid, rescue and emergency products, safety cans and cabinets, firefighting products, spill containment products, and traffic managements products.

"We are pleased to add Python to our fast growing list of international distribution partners," Julian Ross, CEO of OxySure stated in the news release. "Chile is considered one of South America's most stable and prosperous nations, with a population of approximately 17.4 million people. Python has a good understanding of the first aid and safety market segments in Chile."

OxySure notes that the distribution agreement is non-exclusive and contains minimum annual order quantity provisions.

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