COPENHAGEN, DENMARK--(Marketwire - Mar 27, 2012) - Bioflamex Corp. (OTCBB: [ BFLX ]) is pleased to announce that the Company has signed a term sheet for a discounted at-the-market (ATM) equity offering of up to US$10,000,000 with Fairhills Capital Offshore Ltd. The discounted ATM transaction which is pending the execution of definitive documentation and the effectiveness of an S1 registration statement with the Securities and Exchange Commission, allows but does not require Bioflamex to issue and sell up to the number of Common Stock shares having an aggregate purchase price of US$10,000,000 to Fairhills Capital.

"We are extremely pleased to have secured this financing commitment." says Kristian Schiorring CEO of Bioflamex. "We consider Fairhill's funding commitment to be a validation of the enormous market potential for the Bioflamex product line. This is a huge milestone for Bioflamex. The proposed financing with Fairhills will allow us to access the capital needed to go into full production, bring our products to market, and fund our U.S. expansion plans while enhancing value for our shareholders."

About Fairhills Capital: Fairhills Capital is a New York-based hedge fund that invests equity capital into public companies worldwide. The firm pursues investment opportunities in liquid mirco and small-cap companies that have a strong management team and the ability to implement their business plan. Since 2009, Fairhills Capital has invested in over 250 public companies in various sectors.

About Bioflamex Corp.: Bioflamex Corporation is a company focused on the development, production and marketing of its proprietary "clean tech" and advanced high performance fire prevention and -- fighting products and systems.

With its global scope, Bioflamex Corp. primarily aims at penetrating its main market segments with its proprietary Bioflamex aerosols and Sentinel wildfire detection and prevention systems. The mission is to protect the environments while saving lives and property from fires. The Bioflamex Corp. products can enhance private households' ability to safely and efficiently fight and prevent home fires, and increase the ability to protect private and public property in forest fire prone areas with little or no contamination of the environment.

In a $100 billion fire safety and electronic security market, Bioflamex Corp. aims to become a leading "clean tech" niche player and to generate a $100 million + turnover within the next 5 years.

FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company's business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations about the Company's business. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements. These statements involve risks that are difficult to evaluate. Actual results can vary from descriptions herein due to many factors including changes in metal prices and business conditions; changes in laws and regulations; problems encountered in exploration and obtaining permits; changes in the competitive environment; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements.

For more information about Bioflamex Corp.

[ www.bioflamex.com ]