Business
Beyond Oil Signs U.S. Distribution Agreement with Oil Solutions Group
Agreement Represents Beyond Oil's First US Commercial Food-Service Distribution Partnership V...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Beyond Oil Signs U.S. Distribution Agreement with Oil Solutions GroupAgreement Represents Beyond Oil's First US Commercial Food-Service Distribution PartnershipVANCOUVER, BC and KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / August 1, 2023 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF) (\"Beyond Oil\" or the \"Company\"), a food-tech innovation company extending the life of frying oil, reducing costs and waste, is pleased to announce, further to a news release disseminated on March 17, 2022, that it has entered into a definitive distribution agreement (the \"Distribution Agreement\") with Oil Solutions Group, Inc. (\"Oil Solutions Group\"). The Distribution Agreement gives Oil Solutions Group the rights and license to market and sell Beyond Oil's product to its restaurant customers in the United States.Oil Solutions Group, based in Texas and Georgia, U.S., is a pioneering company providing cutting-edge oil management solutions with high-quality filtration products. With over 35 years of experience, they are nationally recognized as leaders in extending oil life for the food-service industry. Thousands of their satisfied customers, including multinational chains, have saved millions of dollars and oil pounds, benefiting from value-added best practices that enhance product quality and sales. Oil Solutions Group's best-in-class filtration products include the patented Masterfil® reusable filters, with 0.5-micron 'depth filtration' media, and the state-of-the-art Armadillo® filter machine, designed for easy cleaning and service. Their expert team with over 145 years of food service experience assists in maximizing return on investment and optimizing oil life compliance. Visit www.oilsolutionsgroup.com for more information.Howard Wixson, President of Oil Solutions Group, comments: \"Throughout the past year during numerous demos conducted by both companies in the U.S., Canada and Israel, we closely monitored Beyond Oil's product development. As a national market leader, we have extensive experience in selling and using competing products over the years. We have been on the lookout for a solution like Beyond Oil and we are pleased to introduce this innovative product to our valuable customer base and beyond.\"\"We are excited to have Oil Solutions Group as our first U.S. distributor to introduce our ground-breaking product to the U.S. food...