Company Is Honored For Developing a Recycling System That Helps Save the
Environment and Produces Clean Energy
WILTON, Conn., Nov. 17 /PRNewswire-FirstCall/ -- Startech Environmental
Corporation (OTC Bulletin Board: STHK), announced today that it won The Wall
Street Journal's 2004 Technology Innovation Award in the category of
"Materials and Other Base Technologies." The Awards, which honor the Best and
the Brightest in a dozen categories, appeared in the November 15, 2004,
edition of The Wall Street Journal. Startech was honored for developing a
recycling system that uses superheated, ionized gases, known as plasma to help
save the environment and produce clean energy.
"Waste is a valuable, renewable resource rather than an insurmountable
problem," said Joe Longo, president of Startech Environmental. "Not only does
our Plasma Converter System safely and irreversibly destroy both hazardous and
non-hazardous waste, the closed-loop elemental recycling system also
transforms the waste into valuable commodities, such as clean energy, that can
be used or sold by the customer for a profit. Materials, previously regarded
as waste, when processed in our System are no longer waste, they are valuable
feed-stocks."
Startech's Plasma Converter is an electrically-driven system that uses an
ion-charged plasma to create an arc of lightening that causes the dissociation
of the molecular bonds of waste. The System, which produces temperatures in
excess of 35,000 degrees Fahrenheit (three times hotter than the sun's
surface), transforms carbon-based, organic materials like wood, paper and
petroleum by-products into Plasma Converted Gas (PCG). This clean synthesis
gas mixture rich in hydrogen can be used to make electricity, produce fresh
water, heat and cool buildings and power vehicles.
The Plasma Converter System melts non-organic materials, such as metals,
glass, sand and rock. Resulting obsidian-like, glassy silicate compounds are
valuable commodities and can be used as raw materials for the metals,
construction and abrasives industries.
StarCell, Startech's patented hydrogen-selective membrane filter, can be
used to separate the hydrogen from the PCG. When StarCell is joined to the
Plasma Converter System, one can literally throw banana peels in one end and
get hydrogen out the other. StarCell Hydrogen can be used in the emerging
distributed power generation markets as a low cost, pristine fuel to power
automotive, stationary and portable fuel cells, as well as Internal Combustion
Engine vehicles.
Startech has recently signed two $140 million contracts with Municipal
Solid Waste (MSW) processing facilities in Poland, which call for Plasma
Converter Systems to be used to produce Green Power. In addition, the Company
introduced a new Plasma Converter System that enables customers to process MSW
at zero dollars per ton. The company recently appointed distributors for
Australia, the Caribbean Area and New Zealand.
About Startech Environmental Corp.
Startech is a Waste Industry company engaged in the production and sale of
its innovative, proprietary plasma processing equipment known as the Plasma
Converter System. The Plasma Converter System safely and economically
destroys wastes, no matter how hazardous or lethal, and turns them 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 them into useful commodity products that can include metals,
surplus energy and also hydrogen for use and for sale. For further
information, please visit http://www.startech.net or contact Joseph F. Longo
at (888) 807-9443, (203) 210-0141 or jfl@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.
Contact:
David Resnic or Jennifer Roedel
Schwartz Communications
781-684-0770
startech@schwartz-pr.com
SOURCE Startech Environmental Corporation
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Related links:
http://www.startech.net
CONTACT:
David Resnic or Jennifer Roedel, both of
Schwartz Communications, +1-781-684-0770,
startech@schwartz-pr.com
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