WILTON, Conn., Aug. 21 /PRNewswire-FirstCall/ -- Startech Environmental
Corporation (OTC Bulletin Board: STHK), a fully reporting company,
announced today that it has signed the purchase contract and received a 10%
cash down- payment from Plasma Processing Technologies Ltd of England and
Wales (PPT) for its first purchase of a Plasma Converter System(TM).
The 20,000 pound per day Plasma Converter System, the first-of-its-kind
for PPTs processing and recycling facilities is scheduled for start-up in
2008.
Joseph F. Longo, president of Startech said, "We are especially pleased
by this sale to PPT because it will be the first Plasma Converter System on
the ground in Europe, a very important market for Startech."
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 "alternative" 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
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
CONTACT:
Steve Landa of Startech Environmental
Corporation, +1-888-807-9443, +1-203-762-2499 EXT 7,
sales@startech.net
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