NEEDHAM, Mass., April 19 /PRNewswire-FirstCall/ -- OTC Financial Network,
a division of National Financial Communications Corp., announced today that it
has issued a favorable InvestorFacts report on Solucorp Industries Ltd. (OTC:
SLUP), a provider of advanced technology solutions to the remediation and
environmental industries worldwide. The report includes a profile of the
Company's proprietary technology platform, global expansion strategies and
investment considerations. Interested parties can view the report online at
http://www.otcfn.com/slup/report.html or call 781-444-6100 ext. 613 for
reprints.
Geoffrey Eiten, president of National Financial Communications Corp.
stated, "The problem regarding increasing amounts of various forms of toxic
and hazardous waste is a continuous global concern. Solucorp has already made
inroads into servicing the United States and international Remediation and
Environmental markets to help permanently solve heavy metals waste
contamination in soils and industrial wastes."
Eiten concluded, "In addition to projects currently underway for the use
of Solucorp's patented, clean-up technology MBS and its emerging preventative
technology IFS, Solucorp is poised to build recurring revenues through
licensing its patented technologies. The Company also plans to maintain
exclusive rights to sell MBS chemical reagents to third parties. In tandem
with recent reductions in overhead expenses, Solucorp is poised to execute a
profitable growth strategy overtime for the benefit of its early
shareholders."
About OTC Financial Network
OTC Financial Network, a division of National Financial Communications
Corp. (http://www.nationalfc.com) based in Needham, Massachusetts, is a full-service
financial communications and investor relations firm that specializes in
micro-cap companies. The Company's proactive campaigns are custom designed to
strengthen each client's presence in the investment community by disseminating
breaking news and fundamental positions to spheres of influence; building upon
the client's existing shareholder base; and soliciting institutional coverage.
For more information, visit http://www.otcfn.com.
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 be both
cost effective and a permanent solution for the remediation of heavy metals
contamination in soils and industrial wastes.
MBS is currently in use in the U.S. and has been successfully used in
international markets. MBS is also used 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, ammunitions, 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.
OTC Financial Network serves as special advisor to Solucorp and has
received fees for services, including sixty thousand shares of restricted
stock with stock options after six months of the date of the contract to
purchase an aggregate of 20,000 shares of common stock at $5.00 per share,
20,000 shares at an exercise of $6.00 per share, 20,000 shares at an exercise
price of $7.00 per share, 20,000 shares at an exercise price of $8.00 per
share, and 20,000 shares at an exercise price of $9.00 per share. This is not
an offer to buy or sell securities. Information or opinions in this release
are presented solely for informative purposes, and are not intended nor should
they be construed, as investment advice. Readers are encouraged to view full
disclaimer information at 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 Solucorp Industries:
Brian Binckes
913-685-4530
At OTC Financial Network:
Geoffrey Eiten
781-444-6100 x613
geiten@otcfn.com
SOURCE Solucorp Industries Ltd.
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Related links:
http://www.solucorpltd.com
CONTACT:
Brian Binckes of Solucorp Industries,
+1-913-685-4530; or Geoffrey Eiten of OTC Financial Network,
+1-781-444-6100 ext. 613, geiten@otcfn.com
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