WEST PALM BEACH, Fla., March 21, 2012 (GLOBE NEWSWIRE) -- BeesFree, Inc. (BEES) today announced that the Company has partnered with Gelco, a leading Italian manufacturer of electronic devices for the aerospace, defense and electro-medical markets, to manufacture BeesFree's proprietary dispensers.
The BeesFree dispenser is designed to feed the Company's patent-pending chemical compound to honey bees with distinct advantages. It requires very minimal maintenance, it replicates the way bees feed themselves and drink in nature and it works on a wide range of variable weather conditions. BeesFree has provided Gelco with the dispenser's functional requirements and based upon these requirements and consultancy from experienced beekeepers, Gelco will design and draft the Technical Specifications Document. Gelco will also produce the first commercial generation units.
Mario Sforza, BeesFree CEO, states, "We are pleased to have partnered with a company like Gelco. We believe that their expertise in design and manufacturing will help BeesFree achieve out long term goals in bringing the BeesFree dispenser to the worldwide market."
Gelco CEO and Founder, Enzo Mancini, stated, "We are pleased to make available to BeesFree our long-term qualified experience in the design and manufacturing of high-tech components and systems. We have allocated a strong senior team to this project as we believe we can play a key role in BeesFree's long-term strategy and vision."
About BeesFree, Inc. (BEES)
BeesFree is a technology company with global reach, which develops and commercializes innovative solutions for the beekeeping communities on the world. For more information please visit www.beesfree.biz.
Statements about the future expectations of BeesFree, Inc. and all other statements in this press release other than historical facts, are "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, and as that term is defined in the Private Securities Litigation Reform Act of 1995. BeesFree, Inc. intends that such forward-looking statements shall be subject to the safe harbors created thereby. Since these statements involve certain risks and uncertainties and are subject to change at any time, BeesFree's actual results could differ materially from expected results.
CONTACT: BeesFree, Inc.
2101 Vista Parkway, Suite 4033
West Palm Beach, FL
CEO - Mario Sforza