WILTON, Conn., Dec. 15 /PRNewswire-FirstCall/ -- Startech Environmental
Corp., (OTC Bulletin Board: STHK) a fully reporting company, announced today
that on December 1, 2003, President Bush signed the Water and Energy Bill into
Law 108-137 that specifies $500,000 for the Startech Hydrogen Project.
Joseph S. Klimek, President and CEO of Startech, said, "We are especially
grateful to Senators Dodd and Lieberman and Representatives Shays and Johnson
whose good advice helped Startech get this grant."
Mr. Klimek also said, "The Hydrogen Project in the Bill focuses on the
production of hydrogen by processing a diversity of wastes including sludge,
medical waste, municipal solid waste, solvents and so forth through the Plasma
Converter System(TM). This $500,000 Project is in addition to the $500,000
Department of Energy (DoE) Program announced on December 2, 2003. The DoE
Program announced earlier is for the production of a StarCell system that
extracts hydrogen from the Plasma Converter Gas (PCG)(TM) from tires processed
through the Plasma Converter. The work for both will be done in our Plasma
Converter facility in Technology Park in Bristol, Connecticut. It's important
to recognize that while the Project and the Program are different, they are
compatible." See Startech News Release dated December 2, 2003.
What is StarCell?
StarCell is the Company's proprietary ceramic filtration system; it is not
a fuel cell. It is a patented hydrogen-selective membrane filter that
separates the hydrogen from the Plasma Converted Gas (PCG)(TM). PCG is the
synthesis fuel-gas mixture produced by the Plasma Converter when it processes
most wastes.
The Startech Plasma Converter(TM) destroys wastes by its pollution-free
process of molecular dissociation during which it forms those wastes into
valuable commercial products that include PCG (Plasma Converter Gas). It is a
clean synthesis gas mixture, rich in hydrogen. PCG is a valuable syn-gas as
it is, but StarCell increases its value by its ability to pull out the
hydrogen.
Beyond its use with the Plasma Converter, StarCell can also be used, stand
alone, as a low cost method of separating hydrogen from the syn-gas produced
by various coal gasification processes.
StarCell Hydrogen can be used in the emerging "distributed power
generation" (DG) markets as a low cost, pristine fuel to power automotive,
stationary and portable fuel cells, as well as Internal Combustion Engine
(ICE) vehicles.
About Startech Environmental Corp.
Startech is an environmental technology company producing and selling its
innovative, proprietary plasma processing equipment known as the Plasma
Converter System. This ruggedly built system achieves closed-loop elemental
recycling to safely and irreversibly destroy hazardous and non-hazardous
waste, solids, liquids, gases, and industrial by-products while converting
them into useful commercial products that can include chemical feed-stocks,
synthesis gas, hydrogen and energy for use and for sale.
The System is available for demonstration, by appointment, at the
Company's facilities in Technology Park in Bristol, Connecticut.
Safe Harbor for Forward-Looking Statements:
This news 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, 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
Please see the Startech web page: http://www.startech.net.
SOURCE Startech Environmental Corp.
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Related links:
http://www.startech.net
Company News On-Call:
http://www.prnewswire.com/comp/113537.html
CONTACT:
Joseph F. Longo, of Startech, 1-888-807-9443,
+1-203-210-0141, or jlongo@startech.net; or David Resnic or Lorra
Gosselin, both of Schwartz Communications, +1-781-684-0770, or
Startech@schwartz-pr.com
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