HP Spartacote®, Inc. and Baril Coatings Announce Global Joint Venture


Creation of HP Spartacote® International, Inc.

Baril Coatings, a multinational ISO 14001 certified manufacturer of innovative Dual Cure Chemistry coatings and HP Spartacote®, Inc. are pleased to announce the launch of HP Spartacote® International, Inc., the exclusive overseas manufacturing and distribution arm for patented HP Spartacote®, Inc. floor coating products. HP Spartacote® International, Inc. will serve all markets outside of North America.

Currently, HP Spartacote®, Inc. manufactures and distributes patented polyaspartic floor coatings under exclusive license in the United States. (US Patents: 6,833,424 & 7,169,876) The international patent rights to this technology are held by Baril Coatings, BV. Based in the Netherlands, Baril Coatings maintains several manufacturing and distribution centers across the globe, including one in the United States. Baril currently produces this technology under the Dual Cure Chemistry (DCC) brand name where it is a leader in high performance coatings for a variety of metal substrates and OEM applications.

This new relationship will allow Baril to diversify into the concrete floor coating segment while allowing HP Spartacote to achieve the global footprint it needs to meet increasing demand in new markets.

“We are extremely pleased to announce our new partnership with Baril Coatings and the creation of HP Spartacote® International, Inc.” says Sean Shiers, President of HP Spartacote®, Inc. “We have realized substantial growth throughout the United States and Canada over the past 18 Months and are eager to supplement our momentum with this overseas expansion. In combining Baril’s extensive experience with HP Spartacote’s® expertise in concrete floor coatings, we are leveraging strengths of both organizations that will allow us to capitalize on new and exciting opportunities.”

According to Dave Harmon Jr, President of Baril Coatings USA, “With this step, HP Spartacote® has positioned itself to become a global leader in providing this unique high performance floor coating.” According to Harmon: “Baril’s worldwide patent protection for DCC technology allows HP Spartacote®, Inc. to expand into new markets with a product offering that is truly one of a kind in its performance.”

“Baril has always focused on sustainable coating solutions for its clients.” says Geert Duijghuisen, president and CEO of Baril Coatings BV. “This new partnership and use of powerful Dual Cure Chemistry will afford both organizations the opportunity to reach customers throughout Europe, Asia and the Middle East. This new partnership will allow Baril to greatly broaden its manufacturing scope from high performance steel and OEM coating applications to high performance concrete floor coatings. We are very eager to realize this potential.”

About Baril Coatings, BV:

Baril Coatings, BV is a multinational ISO 14001 certified manufacturer of industrial and marine coatings. Baril Coatings offers more than just products. To fulfill the market's long-term-demands Baril offers complete systems: total-solutions for steel protection, industrial product finishing and marine application, including advice about preparation, maintenance and application. Baril offers solutions for today's problems and futures challenges.

Contact:
Baril Coatings BV
Zilverenberg 9
5234 GL s-Hertogenbosch
Tel.: +31(0)73 6419 890
info@baril.nl


About HP Spartacote®, Inc.:

HP Spartacote® manufactures and sells a wide range of patented polyaspartic coating products for concrete floors. The company is dedicated to producing cutting edge high performance polyaspartic coatings with a rigorous focus on new product development, comprehensive technical support and the advancement of polyaspartic technology within the coatings industry. For additional information on the news that is the subject of this release (or for a sample, color card copy or demo), contact HP Spartacote at 866-966-1DAY(1329) or visit www.hpspartacote.com.

Contact:
HP Spartacote®, Inc.
810 Brickyard Circle #1
Golden, CO 80403
866-966-1DAY (1329)
www.hpspartacote.com