Nanotechnology Now - Press Release: Start up company in rural Shropshire U.K. gets first million dollar deal in China

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Odegon Tags are ironed on or sewn in easily at home and remain in place for the life of the garment where they perform regardless of the number of washes or dry cleans.

Abstract:
Odour Absorbing Fabric Tags or "iron-on deodorant" for sports clothing

Start up company in rural Shropshire U.K. gets first million dollar deal in China

UK | Posted on November 9th, 2010

Odegon Technologies Ltd have signed a million dollar agreement with a Far East Distribution and marketing company.

Odegon Technologies who released their new patented Nano Technology odour absorbing fabric tags as recently as June of this year are celebrating the signing of an agreement for the sole distribution rights in the Far East to a company that handles over $100m sales to the clothing and health care industries in the main markets of China Singapore Malaysia Indonesia and Hong Kong.

Ivan Ang, a director of the distribution company is quoted as saying "Odegon is a superb new product and a brilliant innovation. Its typical as to what the U.K. is best at doing.

We anticipate our major sports clothing clients will be using Odegons in most of their upcoming ranges. This is as well as our clients in the health care premium market running and retailing Odegons"

Steve Rawlings the chairman of Odegon Technology said "This is a major signing for one of the most significant markets we will have, and it's a pleasure and an honour that Mr Ang and all within his company have that confidence in our products" Odegon anticipate that job creation will happen in rural Shropshire as a result of this new start up company taking such a dynamic marketing and sales approach. He continued "We will not take the manufacturing off-shore, there is no need to, it will all be kept within the U.K." He continued, "Odegon Technologies Ltd is in the vanguard of what our U.K. Government and especially the Prime Minister David Cameron is calling for. Dynamic entrepreneurial companies to innovate, invest, develop and sell.

Through our website www.odegon.com, we have sold Tags in over 30 countries" Tom Rawlings, the managing director of Odegon Technologies stated.

"Odegon Tags were launched in June 2010 within a month of the General Election and the response has exceeded all expectations. We have been inundated with potential clients and distributors from around the World. The phones are ringing 24 hours a day."

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About Odegon Technologies
Odegon Technologies was founded in 2010 by Steve and Tom Rawlings. Chairman Steve Rawlings spent over 35 years running companies involved in the development of technical protective fabrics for the defence, North Sea diving, aerospace and automotive industries. Tom Rawlings, Managing Director, worked until recently as a corporate banker in the City of London and launched Odegon Technologies upon realising the enormous business potential of Odegon tags. Odegon Technologies is based in Shropshire, UK and is developing further products.

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Contacts:
For press enquiries and to request Odegon Tags to support editorial content, please contact:

Claire Dumbreck
Propel Technology
Bloxham Mill, Banbury, Oxfordshire, UK OX15 4FF.
+44 (0)1295 724130
+44 (0) 7768 773857

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