WILTON, Conn., Jan. 29 /PRNewswire-FirstCall/ -- Startech Environmental
Corporation (OTC Bulletin Board: STHK), a fully reporting company,
announced today that on January 24, 2007, its associate, Sicmar
International Panama S. A. signed the contract with the City of David,
Panama securing the land and the waste contract for the Sicmar Plasma
Converter Facility. This new David contract is in addition to and follows
the operational model of the first-of- its-kind 200 ton-per-day Sicmar
Resource Recovery and Energy Center in Las Tablas, Panama. The David
facility, although larger than the Las Tablas facility, will also be
processing municipal solid waste and producing "green electrical power."
Victor Sziky, President of Sicmar International, said at the signing,
"David, the capital of Chirjqui Province is the third largest city in
Panama. Like the Las Tablas facility, David will also be the technical and
financial model for several more replicated municipal facilities in Panama
that address the country's national waste management crisis, and also the
administration's vigorous sustainable-development initiatives."
Also at the signing ceremonies in Panama, Startech Sales VP, Stephen J.
Landa, said, "We expect to get started manufacturing the systems in the
next few months for a commissioning date in 2008."
About Sicmar International
Sicmar International Panama S.A., is a waste-processing-and-energy
project-development company headquartered in Panama City, Panama and the
Company's exclusive representative in the Republic of Panama.
For further information, please contact Victor Sziky at Sicmar
International Panama S.A., Edificio De Lesseps, Office 9-1, Avenida Muauel
Marie Icaza, Panama City, Republic of Panama or victorsicmar@gmail.com.
About Startech -- The Environment and Energy Company
Startech Environmental is an environment and energy industry company
engaged in the production and sale of its innovative, proprietary plasma
processing equipment known as the Plasma Converter System(TM).
The Plasma Converter System safely and economically destroys wastes, no
matter how hazardous or lethal, and turns most into useful and valuable
products. In doing so, the System protects the environment and helps to
improve the public health and safety. The System achieves closed-loop
elemental recycling to safely and irreversibly destroy Municipal Solid
Waste, organics and inorganics, solids, liquids and gases, hazardous and
non- hazardous waste, industrial by-products and also items such as
"e-waste," medical waste, chemical industry waste and other specialty
wastes while converting many of them into useful commodity products that
can include metals and a synthesis-gas called Plasma Converted Gas
(PCG)(TM).
Among the many commercial uses for PCG, is its use to produce "green
electrical power," Gas-To-Liquid (GTL) fuels such as ethanol, synthetic
diesel fuel and other higher alcohol fuels. Hydrogen, for use and sale, can
also be separated and recovered from the PCG synthesis gas mixture.
The Startech Plasma Converter is essentially a manufacturing system
producing commodity products from feedstocks that were previously regarded
as wastes.
Startech regards all wastes, hazardous and non-hazardous, as valuable
renewable resources.
For further information, please visit http://www.startech.net or
contact Steve Landa at (888) 807-9443, (203) 762-2499 EXT 7 or
sales@startech.net.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements, including
statements regarding the Company's plans and expectations regarding the
development and commercialization of its Plasma Converter(TM) technology.
All forward-looking statements are subject to risk and uncertainties that
could cause actual results to differ materially from those projected.
Factors that could cause such a difference include, without limitation,
failure of the customer to obtain appropriate financing for the project,
general risks associated with product development, manufacturing, rapid
technological change and competition as well as other risks set forth in
the Company's filings with the Securities and Exchange Commission. The
forward-looking statements contained herein speak only as of the date of
this press release. The Company expressly disclaims any obligation or
undertaking to release publicly any updates or revisions to any such
statement to reflect any change in the Company's expectations or any change
in events, conditions or circumstances on which any such statement is
based.
SOURCE Startech Environmental Corporation
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Related links:
http://www.startech.net
http://www.prnewswire.com/comp/113537.html /
CONTACT:
Joseph F. Longo, President, +1-203-762-2499,
or Steve Landa, +1-888-807-9443, +1-203-762-2499 ext. 7,
sales@startech.net, both of Startech Environmental Corp., or
Victor Sziky of Sicmar International Panama S.A.,
victorsicmar@gmail.com
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