XERI Brand Nano-Lubricant Generates Initial Sales in Australia Following Successful Product Test
January 28, 2021 08:05 ET | Source: Xeriant, Inc. Xeriant, Inc. Boca Raton, Florida, UNITED STATES
BOCA RATON, Fla., Jan. 28, 2021 (GLOBE NEWSWIRE) Xeriant, Inc. (OTC PINK: XERI), a new aerospace technology holding company, announced today that its strategic alliance partner, Xeriant Europe s.r.o., has signed a purchase agreement for its XERI lubricant products in Australia. The sales contract follows the successful testing of XERI ’s revolutionary anti-friction “green” lubricant on an Australian brand of electrically-powered scooters.
The contract between Xeriant Europe s.r.o., based in Prague, Czech Republic, and Fatboy Scooters Australia, based in Queensland, Australia, outlines the terms of a minimum annual purchase of 4,000,000 CZK ($186,000 USD) of its XERI lubricants for use in its line of Fatboy Scooters and its elec