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April 20,2016 ManagementAgreement
Notice of agreement on the exclusive distributorship of pellet boilers manufactured by ÖkoFEN

We are pleased to inform that we entered into agreement on the exclusive distributorship of pellet boilers manufactured by ÖkoFEN with ÖkoFEN Forschungs- und Entwicklungsges.m.b.H. (Austria, CEO: Stefan Ortner, hereunder ÖkoFEN) a leading manufacturer of pellet boilers in Europe.



■ÖkoFEN - Company Overview

Name : ÖkoFEN Forschungs- und Entwicklungsges.m.b.H.
U R L : http://www.pelletsheizung.at/
Representative : CEO, Stefan Ortner
Location : Gewerbepark 1, 4133 Niederkappel, Austria
Business : Manufacture and sale of pellet boilers (Sold :60,000 units)

ÖkoFEN is the pioneer of the pellet boiler, increasing rapidly the market share by enhancing high technology and services in their business area of Europe, North and South America since its establishment in 1989. Meantime, the company has been working actively to environmental issues.

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