King Koil Signs License Agreement with FOMTEX, S. A.

Furniture World Magazine

Ernie Friedman, President of King Koil and Hector Guillén of FOMTEX S.A., Guatemala jointly announced the signing of a License agreement for the manufacture and marketing of King Koil Brand Sleep Products in Guatemala. The agreement includes distribution rights for El Salvador, Honduras and Belize. Friedman stated, "We welcome FOMTEX, S.A. into King Koil's global family of licensed manufacturers. It expands our presence in Latin America, where King Koil is manufactured in Panama, Argentina, Brazil, Columbia and Ecuador." Hector Guillén, General Manager of FOMTEX added, "We are a twenty five year old company on an aggressive growth track and expect that growth to accelerate under the King Koil banner and implementing King Koil's marketing strategies and know how." King Koil Products are sold worldwide. Manufactured in fifteen factories positioned throughout the United States and in thirty-one factories in twenty-six countries internationally, serving over 50 markets on six continents. www.kingkoil.com