Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, October 07 2019 - 11:00
AsiaNet
Thailand's PM Group Acquires Strategic Licensing Deal for the ConFlow Power Technology in Southeast Asia
LONDON, October 7, 2019, /PRNewswire-AsiaNet/--

The International License Offering Exchange (ILOCX) brings together the first 
important collaboration for ConFlow Power in Asia with the PM Group, one of 
Thailand's largest privately-owned conglomerates. 

PM Group Company Limited and ConFlow Power have agreed terms for an exclusive 
licensing deal encompassing the whole of Southeast Asia or ASEAN region. This 
covers the countries of Thailand, Indonesia, Singapore, Malaysia, the 
Philippines, Vietnam, Myanmar, Brunei, Cambodia and Laos.

The PM Group has been actively pursuing the development of a portfolio of 
strategic investments in various areas, including disruptive technology and 
renewable energy. ConFlow Power seeks a 'fast to market' approach for its 
regenerating battery technology. The partnership of the two groups brings 
special mutual value and complementary strength to their global business models.

ConFlow Power's technology is a potential game changer that has delivered 
excellent performance results to the PM Group, on a due diligence visit to 
London in September this year, the device was placed under flat out stress 
tests and numerous depletion and recharge procedures extending over two days.

Subsequent to the successful visit by the PM Group, the negotiations were 
finalised, and today the PM Group has expanded its investment portfolio to now 
formally and exclusively represent ConFlow Power in the Southeast Asia ASEAN 
region.

Edward Fitzpatrick CEO of ILOCX said, "We could not be more pleased to have the 
PM Group with us as a partner in ConFlow Power. It broadens the scope and 
allows a fast entry point to a vital part of the world with Southeast Asia 
hosting a population of over 640 million consumers, US$2.8 trillion in GDP, and 
the third largest market in the world with huge potential demand for the 
ConFlow Power technology."

Chalermchai Mahagitsiri CEO of the PM Group stated, "This exclusive partnership 
forged with ConFlow Power, the first in Asia, will enable the PM Group to be at 
the forefront of a transformative, patented technology which is safe to use, 
environmentally friendly and inexpensive to manufacture."

ConFlow Power is now developing an ultra-modern manufacturing blueprint whereby 
developers can send in 3D images of bespoke battery casings for printing and 
testing to a laboratory setting. Once this testing process has been completed, 
a purchase order will be generated, and the casing built to order, all 
utilising smart contracts and a distributed ledger. 

This approach will facilitate a fast deployment of devices across many sectors 
as well as in multiple country locations. This will also serve the strategy 
designed to consign all development challenges and costs for a wide range of 
devices onto the licensed partners who will come in under the PM Group's Master 
License Agreement for the region.

About PM Group 

PM Group is one of the top, privately held Thai conglomerates with interests 
ranging from shipping, oil & gas services, plastic film, mining and 
fertilizers, to food and beverage outlets, health food & nutritional 
supplements, entertainment, property development, golf courses and digital 
economy investments.
About ConFlow Power 

ConFlow Power is the trading name for E-Getx Limited registered in the UK. 
E-Getx is the owner of the patented technology which serves as a safe and 
inexpensive electric power device, generating voltage continuously by 
attracting electrons from the atmosphere and harvesting them via a Nano film 
created by the company's inventor.

Contact info@ConFlowPower.com 
Press Contact +44(0)203-290-2442
Contact ConFlow Asia: info@ConFlowAsia.com 

Logo - https://mma.prnewswire.com/media/1006570/Conflow_Logo.jpg  
Photo - https://mma.prnewswire.com/media/1006250/ConFlow_Power.jpg 

SOURCE: ILOCX
Translations

Japanese