BURNABY, BRITISH COLUMBIA--(MARKET WIRE)--Jul 10, 2006 -- American Insulock Inc. (the "Company") (CNQ: AIKI.U) is pleased to announce that Chief Jimmy Delano has signed a distributorship agreement that will introduce the Insulock block into Africa.
Chief Jimmy Gboyega Delano
is the Bagbimo of Ake Abeokuta, a title he
has held for 13 years (honor given at a very young age).This was an honor bestowed by his
Royal Highness, The Alaka of Egbaland for his
tremendous contribution to Nigerian business and international business.He
is fondly known as 'Chief Jimmy'
.Chief Delano was born and educated in Western Nigeria.He
attended Government College Ibadan where he
excelled in education and sports.He
participated in athletics, hockey and cricket for the Western Region.He proceeded to the United Kingdom where he was educated at several colleges and universities, including the London School of Accountancy, University of South Bank.He also attended Oxford University in order to study Theology.He holds an MBA in International Business (Marketing) and an MA degree in Finance and Investment.Chief Delano is looking forward to utilizing his contacts in Nigerian and promoting Insulock on a full time basis.He is currently the President and CEO of Beauty Aid Global.
Inc., the manufacturer of IIora L'Original beauty products, which were launched in 2002, and already very successful in many countries.Chief Delano plans to delegate his
responsibilities at Ilora L'Original in order to fully immerse himself into furthering the interests of Insulock
.Chief Delano presently has residences in Chicago Ill, London England and Nigeria, Africa.The first area of focus for Chief Delano will be in Nigeria.
Nigeria is operating under a fairly new national constitution as of May 1999.Nigeria is rich in oil and the country has found ways to capitalize on this.Nigeria is Africa's most populous country and there is huge demand for housing.Chief Delano will initially negotiate with Nigerian officials with the intent of using the Insulock block for government programs.