SAN CLEMENTE, CA, Nov. 15 /PRNewswire-FirstCall/ - RCAI (OTCBB: RCAA), a world leader in environmentally-friendly, productivity enhancing release agents and lubricants for heavy industry, announced today it is continuing to grow its mining project pipeline for the next 12 months and is in the process of completing the sales training for its international mining sales force.
RCAI met with its western Canadian distributor's sales force in early November, during which time regional and area managers directly involved in the mining industry were trained on the benefits that the Alderox(R) product offers to the mining industry and a roll-out plan was agreed to for western Canada.
Gordon Davies, President of RCAI, stated, 'With the B.C. forestry industry in decline, our distributor is making a concerted effort to increase their sales in the mining sector. During our meetings, we targeted 20 mines in B.C. that our distributor already calls on and has very good relationships with for short term action.' Davies went on to say, 'It is important to remember that ore sticking is not dependent upon the type of materials being mined. Alderox(R) is being used equally effectively in precious metal, base metal and coal mines.'
During the last week of November, RCAI will meet with regional managers of Applied, Mexico, the Company's distributor in the Mexican mining market, for sales training and to finalize action plans for 34 mines that have already been targeted as potential customers. Gordon Davies said, 'As we've done with our B.C. distributor, the 34 mines that we've targeted are already customers of our distributor. Seven of these mines have already requested site visits by RCAI and Applied, Mexico personnel during our trip down there later this month. These meetings have been confirmed and will also take place during the last week of November.'
The Company currently has 17 qualified potential mining customers in the pipeline. Adding the new prospects in B.C. and Mexico brings RCAI's total pipeline of mines to 73.
Mr. Davies concluded, 'These are exciting times. We have a number of on-site trials scheduled for November and early December. As with most of our customers, the mines that these trials are being held at are owned by companies with many properties. The successful completion of these trials not only secures the contract with the mine that we're trialing at, but the data gathered is shared company wide by the mines' parent companies, which brings in additional projects. This is being demonstrated with some of the above mines we are visiting in Mexico.'
Headquartered in San Clemente, CA with offices in Colorado, Utah, Connecticut, Alabama and British Columbia, RCAI manufactures and globally markets its Alderox(R) line of release agents and lubricants to heavy industry. The company's patented Alderox(R) formulations, which are 100% environmentally friendly, biodegradable, non-hazardous and non-toxic, are used to reduce or eliminate the massive problems associated with the build-up of materials in asphalt and mining haul truck beds, on mining and asphalt handling equipment and on concrete forms and molds.
Applied Industrial Technologies (NYSE: AIT), which has about two billion dollars in sales annually, is one of North America's largest independent distributors representing more than two million parts critical to the operations of MRO and OEM customers in virtually every industry.
The Applied network encompasses more than 4,600 associates at more than 450 facilities in 48 U.S. states, five Canadian provinces, Puerto Rico and Mexico. Applied's seven strategically located distribution centers warehouse millions of dollars of inventory to support our local service centers and customers with necessary products. Applied Industrial Technologies' web site is at www.applied.com
RCAI's website is located at www.rca-inc.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
CONTACT: Mike Davies, CEO, RCAI, Tel. (949) 542-7440
SOURCE Reclamation Consulting and Applications Inc.