COPENHAGEN, DENMARK--(Marketwire - May 15, 2012) - Following a successful meeting in Saudi Arabia with its future partner Hartindo Saudi, Bioflamex Corp. (OTCBB: [ BFLX ]) is proud to disclose that a mutual understanding has been reached and a draft for an extensive collaboration and sourcing agreement is currently under review.

A key component for Bioflamex Corp.'s patent-pending Bioflamex aerosol extinguishers is the unique proprietary Hartindo extinguishing media. The Bioflamex extinguishers utilize the exceptional Hartindo AF31 formula and the corresponding Foam Concentrate, to achieve its clean and extremely effective properties.

This sourcing agreement will tie into the partner agreement with Bioflamex Corp.'s aerosol production partner, currently being drafted, and ensure the optimal conditions for the sale and marketing of the Bioflamex aerosols.

In addition to covering the aerosol extinguishers, the cooperation agreement will also grant Bioflamex Corp. exclusive rights to market the unique Hartindo AF31 bulk products and EN3 type extinguishers in selected EU markets. That will effectively spur growth within sales to the Professional sectors, especially forest fire fighting authorities and organizations. The understanding also embodies an expressed wish to jointly develop new projects, to maximize synergies and commercial success for both companies over time.

"It is one of the most important milestones for the Company. I cannot stress enough the importance of this understanding coming together," Mr Kristian Schiorring, CEO of Bioflamex Corp., stated. "We are very proud and can't wait to get production moving ahead and create the results we have had in our optics all along. Working with Hartindo Saudi and Hartindo Indonesia and the unparalleled Hartindo range of products is a true privilege and immense opportunity for us."

About Hartindo Saudi: The company has been established in 2011 as a joint Venture between Hartindo Indonesia and Saudi Arabian partners. With its newly inaugurated production facilities, the company will be the hub for supply of Hartindo products to the Middle East and Western Europe.

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 fire-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 $100million + 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.
[ www.bioflamex.com ]