Shenzhen, China (March 30, 2012)
Smoore Technology Limited announces strategic partnership with Nicopharma Ltd creating new opportunities for the future.
Smoore Technology Limited, a leading manufacturer of vaeping devices i.e. electronic cigarettes and Nicopharma Ltd a London based Pharmaceutical development Company engaged in the research and development of next generation Nicotine delivery System (NDS) announced that we have entered into a strategic agreement for joint venture development.
"As the competitive and regulatory landscape of the e-cigarette industry is now rapidly changing with new legislation being put in to place in Europe, the US and other jurisdictions we believe that the joint venture with Nicopharma, will make us uniquely positioned to take advantage of the new opportunities created by this changes in our industry and to secure our market position for the future"
Announces Simon Lai, Chief Executive Officer of Smoore Technology Limited,
"This agreement is an important step for us on our mission to develop the next generation of Nicotine Delivery Systems .We are truly impressed with Smoore, for their ambition and their continuous investment business development and are looking forward to our future cooperation.
We also believe this joint venture will create unique possibilities for both parties"
Says Johan Bergh, Chief Executive Officer of Nicopharma Ltd