WILTON, Conn., Dec. 4 /PRNewswire-FirstCall/ --
Startech Environmental Corp. (Nasdaq: STHK), a leading manufacturer of
plasma-based systems for the conversion of waste into valuable commodity
products, announced today that its Plasma Converter System will be a featured
technology at the Waste-to-Energy & Renewable Energy Regional Conference
presented by the United States Trade Development Agency (USTDA) from December
9-11, 2002 in Prague, Czech Republic.
Krzysztof Wojcik, the Mayor of Bytom, Poland, is scheduled to present at
the Conference and will highlight Bytom's plan to build a $14 million
hazardous waste facility employing Startech's Plasma Converter technology.
Mr. Joseph S. Klimek, Startech's president and CEO, will be in attendance and
plans to meet with other parties interested in using Startech's products and
services. Further information on the agenda for the conference can be found
at the following website:
http://www.mac.doc.gov/ceebic/upevents/2002/Dec/KEAPrague.pdf.
Following the conference, Mr. Klimek will travel to Poland to meet with
our clients, Chempol and Ekologia, as well as other potential clients from the
private sector who have expressed interest in Startech's Plasma Converter.
Additionally, a private corporation based in Tarnow, Poland has been scheduled
to visit Startech's Bristol, Connecticut facility in early January 2003.
About Startech Environmental Corp:
Startech is an environmental equipment company whose Plasma Converter is
essentially an electrochemical system that, while safely destroying wastes,
even hazardous wastes, converts those materials into useful and valuable
commodity products. It does this economically, efficiently, with relatively
few moving parts, and without combustion. The prime mover in the Plasma
Converter process is the chemical dissociation (decomposition) of the feed
materials after which their elemental components (atoms) are reformed into
useful commodities. The United States Environmental Protection Agency has
designated materials, even if they may have once been regarded as wastes, or
hazardous wastes, undergoing such a recycling process, no longer as wastes,
but as "feedstocks." StarCell(TM) is the Company's new, patented hydrogen
selective membrane system that separates hydrogen from the PCG(TM) produced
from wastes. PCG is a clean synthesis fuel-gas mixture with many commercial
uses. StarCell is not a fuel cell; it is a ceramic membrane filtration system
that extracts hydrogen from PCG. PCG contains a large quantity of hydrogen.
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) and StarCell(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, 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 Corp.
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Related links:
http://www.startech.net
http://www.mac.doc.gov/ceebic/upevents/2002/Dec/KEAPrague.pdf
Company News On-Call:
http://www.prnewswire.com/comp/113537.html
CONTACT:
Robert DeRochie, CFO & VP of Investor
Relations, Startech Environmental Corp., +1-203-762-2499;
Investor Relations - Truc N Nguyen, VP, Investor Relations, Stern
& Co., +1-212-888-0044, for Startech Environmental Corp.
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