PHOENIX, Dec. 23, 2015 (GLOBE NEWSWIRE) -- Paraffin International Inc. today announced that the company has been named a winner in the Fall 2015 Arizona Innovation Challenge (AIC) for its innovative gLOVE Treat®, a revolutionary therapeutic paraffin wax treatment for hands and feet. The AIC, which is powered by the Arizona Commerce Authority (ACA), awards the most money in the United States for a technology commercialization challenge – up to $250,000 per company for a total of $3 million annually.
Companies may receive up to $250,000 to invest in their businesses if they achieve certain milestones within a 12-month period. During the rigorous evaluation process, a panel of expert judges assess each company’s marketing strategy, technology potential, management team and overall economic impact. For the Fall 2015 AIC, over 130 applications were submitted by companies from five states and numerous industries, including IT-Software, Bio and Life Sciences and Cleantech/Renewable Energy.
“We are very excited to be named a winning innovation company by the ACA,” said Kevin Weber, CEO of Paraffin International, the Arizona company that manufactures and markets the gLOVE Treat brand. “We congratulate our fellow innovators who were named winners in this highly competitive challenge. As we accept this generous award, we extend our gratitude to the ACA and look forward to building our business while simultaneously bringing new job opportunities to Arizona.”
gLOVE Treat gloves and boots are an innovative, all-in-one solution to the disadvantages of traditional paraffin wax treatments. The easy-to-use, self-contained paraffin gloves and boots feature patented technology that allows the all-natural paraffin formula, which also contains lavender and coconut oils, to penetrate the skin and provide exceptional moisture absorption in less than 15 minutes.
A staple in the beauty industry for nearly 50 years, traditional paraffin wax treatments have proven to be cumbersome, messy and unsanitary. Medical offices, salons and devoted at-home users have kept paraffin wax in reheatable pots, which require up to four hours to liquefy the wax, before ladling it into plastic bags for individual customer use.
gLOVE Treat eliminates the hassle and mess with its sensible design. After just two minutes in a conventional microwave, gLOVE Treat’s thermochromatic indicator alerts users when the paraffin wax is at a safe temperature to use. Users wear the gloves or boots, secured with a fabric fastener, for just 15 minutes, and the treatment is complete. Each pair of gLOVE Treat gloves and boots can be used up to four times.
gLOVE Treat recently earned a coveted spot on O, The Oprah Magazine’s acclaimed O List, a hand-selected compilation of Oprah Winfrey’s favorite consumer products and gift items, making its debut in the January 2016 issue.
For more information or to purchase gLOVE Treat, visit www.glovetreat.com.
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About Paraffin International Inc. and gLOVE Treat
Created by licensed cosmetologist and award-winning salon owner Deanna Montrose, gLOVE Treat is a patented, all-in-one enhanced paraffin wax treatment for hands and feet. The revolutionary paraffin gloves and boots, which are manufactured, marketed and trademarked by Arizona-based Paraffin International Inc., eliminate the pain points for the paraffin industry and change the way customers experience paraffin wax treatments. With therapeutic and aesthetic benefits, the all-natural paraffin formula restores, replenishes and soothes tired, dry hands while relieving the effects of aging, bursitis, fibromyalgia, psoriasis and multiple forms of arthritis. gLOVE Treat’s innovative design has been featured in O, The Oprah Magazine, Refinery29 and Arizona Foothills. For more, visit www.glovetreat.com.
Paraffin International Inc. currently operates out of the Center for Entrepreneurial Innovation (CEI), a Phoenix-based business incubator that supports innovative companies at all stages of development in the bio- and life-science, medical device, clean and renewable technology and software-as-a-service industries. CEI offers customized business advisement and growth strategy development, specialized mentorship, discounted 3D printing and engineering services, as well as flexible office and/or wet lab space to each of its client companies.
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Source:Paraffin International Inc.