Diamon Fusion®International (DFI), previous award-winner of the Innovative Product of the Year, granted a temporary license for testing DFI"s Technology at Vitro Corporativo, S.A. de C.V, an affiliate of Grupo Vitro in Monterrey, Mexico, as part of a preliminary Technology Agreement to further develop DFI'S very innovative technology.
"This new synergy with a company like Vitro, one of the world"s largest and most prestigious glass manufacturers, gives DFI and its unique hydrophobic coating not only world class credibility but a clear recognition of our unique technology", said Mr. Guillermo Seta, Executive Vice President of DFI, Inc., who initiated this relationship with Vitro and reached this preliminary technology development agreement.
Vitro, S.A. de C.V. (NYSE: VTO and BMV: VITRO A), through its subsidiary companies, is a major participant in four distinct businesses: flat glass, glass containers, household products and glassware. Vitro's subsidiaries serve multiple product markets, including construction and automotive glass, wine, liquor, cosmetics, pharmaceutical, food and beverage glass containers, household appliances, fiberglass, plastic and aluminum containers, and glassware for commercial, industrial and consumer uses. Founded in 1909, Monterrey, Mexico-based Vitro has joint ventures with 10 major world-class manufacturers that provide its subsidiaries with access to international markets, distribution channels and state-of-the-art technology. Vitro"s subsidiaries do business throughout the Americas, with facilities and distribution centers in seven countries, and export products to more than 70 countries. Grupo Vitro's website can be found at: www.vto.com