WEST NYACK, N.Y., April 7 /PRNewswire-FirstCall/ -- Solucorp Industries
Ltd. (OTC: SLUP), a provider of advanced technology solutions to the
Remediation and Environmental industries worldwide, announced today that it
was featured in a United Press International (UPI) article dated April 2, 2004
by Charles Choi entitled, "Smart waste" chemicals fight pollution. To read
the article in its entirety, visit: http://www.otcfn.com/slup. The article
discusses the significant, potential market for Solucorp's latest technology
process, Integrated Fixation Systems (IFS). IFS can be incorporated into
metal-bearing products, such as bullets and batteries, during manufacturing,
that render the products non-hazardous at the end of the products' life cycle.
The following are excerpts of the UPI article, "New chemical technology
can nip pollution in the bud by neutralizing toxic metals as they leak into
soils and water from waste such as junked batteries, electronics or lamps.
"Instead of just treating pollution already affecting the environment,
we're now preventing contamination from occurring from anything metal or
anything that discharges metals," Noel Spindler, director of technology for
Solucorp Industries in West Nyack, N.Y., told United Press International.
The novel technique could affect "a huge variety of sectors," said
technical consultant Peter Hurley of Blake International in West Yorkshire,
England. "If you look at the battery market alone, there are 600 million
units disposed of each year in the United Kingdom, and billions more in the
world market," Hurley told UPI. There also are about 100,000 tons of lead
pellets lying on the ground or buried in North America just for shooting
skeet, Hurley added, "and the U.S. Army produces something like 800 million
rounds in its plants."
About Solucorp Industries Ltd.
SOLUCORP is one of the environmental industry's innovative developers of
superior metals remediation technologies. The Company develops innovative
technologies for the treatment and prevention of hazardous heavy metals
contaminated waste streams. Solucorp owns two patents and has several
pending. The effectiveness of the Company's patented Molecular Bonding System
(MBS(R)) is acknowledged by its successful completion of the U.S. EPA's
Superfund Innovative Technology Evaluation (SITE) Program. MBS has proven to
cost effectively and permanently remediate heavy metals contamination in soils
and industrial wastes.
MBS is being used internationally and in the Company's preventative
technology IFS (Integrated Fixation System). IFS delivers consumer product
safety systems to manufacturing institutions. IFS can be applied to a
multitude of hazardous pollutant sources that render them insoluble, and
hence, non-hazardous, at the end of a product's life cycle. Consumer products
targeted for IFS include auto and household batteries, mercury switches, paint
removers, electronic circuit boards and air emission and paint booth filters.
For additional company information, visit: http://www.solucorpltd.com.
Investors should visit: http://www.otcfn.com/slup.
The foregoing discussion contains forward-looking statements, which are
based on current expectations. Actual results, including the timing and
amount of revenues recognized, contracts awarded and performed and net income
may differ due to such factors as: delays in payment on contracts due to
dealings with governmental and foreign entities; fluctuations in operating
costs associated with changes in project specifications; economic and other
conditions affecting the ability of prospective clients to finance projects;
and other risks generally affecting the financing of projects. Solucorp
settled a civil action by the SEC the details of which can be found on the SEC
website, as such investors are cautioned to perform a proper due diligence and
consult licensed professionals.
For more information, contact:
At the Company: At OTC Financial Network:
Brian Binckes Geoffrey Eiten
913-685-4530 781-444-6100 x613 or geiten@otcfn.com
SOURCE Solucorp Industries Ltd.
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Related links:
http://www.solucorpltd.com
CONTACT:
Brian Binckes of Solucorp Industries Ltd.,
+1-913-685-4530; or Geoffrey Eiten of OTC Financial Network,
+1-781-444-6100 ext. 613, geiten@otcfn.com
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