Subject: FendX Technologies Inc. - Please disseminate the attached press release on behalf of the company. thank you!
Word Document
File: '\\swfile\EmailIn\20250707 154026 Attachment FendX - PR July 7 2025 OTB.docx'
FendX Announces Corporate Update
VANCOUVER, BC - July 7, 2025 - FendX Technologies Inc. (CSE: FNDX, OTCQB: FDXTF, FSE: E8D) (the "Company" or "FendX"), a technology company developing surface protection products, is pleased to announce that it has renewed the investor relations and marketing services agreement dated March 11, 2025 with Outside The Box Capital Inc. ("OTB") previously announced on March 12, 2025 for the provision of investor relations, marketing and distribution services (the "IR Services"). The Company and OTB entered into an agreement dated July 3, 2025 (the "Agreement") which renewed and extended the term of the original agreement to September 30, 2025 for no additional cost to the Company. The IR Services include social media, digital and influencer-based marketing, content creation and distribution across social channels that include Reddit, Discord, Telegram, X (formerly Twitter), and StockTwits, and other related investor communication and marketing services. OTB and its principals are arm's length to the Company. OTB's contact information is as follows: 2202 Green Orchard Place, Oakville, Ontario, L6H 4V4, attention: Jason Coles, email: jason@outsidethebox.capital, telephone: 289-259-4455.
About FendX Technologies Inc.
FendX is a Canadian innovation-driven technology company focused on developing advanced surface protection and cleaning solutions for everyday environments. The Company is building a diversified product portfolio that includes nanotechnology-based coatings and a sustainable sponge product line. Its lead product under development, REPELWRAP(TM) film, is a protective surface coating film designed to prevent the adhesion of pathogens and reduce their transmission. FendX is also developing a spray coating and a catheter coating. Expanding beyond nanotechnology, the Company is preparing for the launch of a line of eco-friendly sponge products. FendX conducts research and development activities in collaboration with industry-leading partners, including McMaster University, and holds exclusive worldwide licenses to its nanotechnology and a robust intellectual property portfolio.
ON BEHALF OF THE COMPANY
"Carolyn Myers"
Carolyn Myers
Chief Executive Officer and Director
Contacts:
Dr. Carolyn Myers, CEO and Director
1-800-344-9868
investor@fendxtech.com
For more information, please visit https://fendxtech.com/ and the Company's profile on SEDAR+ at www.sedarplus.ca.
Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release contains certain forward-looking statements within the meaning of Canadian securities legislation, including with respect to: the plans of the Company and statements regarding the Agreement and proposed IR Services to be provided and anticipated timing of the IR Services. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. These statements are only predictions and involve known and unknown risks which may cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking statements, including: risks that Consulting Agreement may not receive regulatory approval, if required; adverse market conditions; risks and uncertainties associated with the Company's ability to raise additional capital to complete all of its planned activities including launching its proposed eco-friendly sponge products; risks related to the supply of bulk foam sponge rolls and securing a manufacturer to finish end-products; risks related to the size of the potential market for the Company's future sponge products; risks related to research and development activities for each of the film, spray formulation and catheter coating, including successful completion of real world performance testing and scale-up initiatives; risks that the Company may not expand its product pipeline or execute its business development and growth plans; risks that the Company's products, including the eco-friendly sponge, may not be commercialized, and if they are commercialized, that they may not be accepted and adopted by the public; the risk that the Company will not obtain necessary approvals and/or clearances as anticipated or at all; the effects of government regulation on the Company's business; risks associated with the Company's ability to obtain and protect rights to its IP; product candidates only being in formulation/reformulation stages; limited operating history; dependence on collaborative partners, licensors and others; effect of general economic and political conditions; and other factors beyond the Company's control. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity or performance. Further, any forward-looking statement speaks only as of the date on which such statement is made and, except as required by applicable law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events. New factors emerge from time to time, and it is not possible for management to predict all of such factors and to assess in advance the impact of such factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement. Readers should consult all of the information set forth herein and should also refer to the risk factor disclosure outlined in the Company's filings with the British Columbia Securities Commission on SEDAR+ at www.sedarplus.ca.
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