Solucorp Industries (CE) (USOTC:SLUP)
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Solucorp Featured in Chemical Week, the Worldwide News Source for
Chemical Makers and Processors
WEST NYACK, N.Y., MAY 4 /PRNewswire-FirstCall/ -- Solucorp Industries Ltd. , a
provider of advanced technology solutions to the Remediation and Environmental
industries worldwide, announced today the Company was featured in Chemical
Week, The Worldwide News Source for Chemicals Makers and Processors on March
31, 2004 in the article entitled "Avoiding Problems with Heavy Metal" by Kara
Sissell.
The article highlights Solucorp's Molecular Bonding System (MBS(R)) under its
"Innovation" feature. An excerpt from the article follows: "MBS, developed in
1997, has been incorporated into a patented system for use in industrial
processes and consumer products, Solucorp says. The company says it is seeking
commercialization partners.
"Manufacturers can add MBS to battery casings, filters for contaminated paint
dust; filters or slurries for incinerator exhaust gas; laminated bags for
disposing of toxic metal waste; landfill liners ... MBS binds the metals for an
estimated 1,000 years and can transform hazardous waste, which costs
$120-$200/ton to dispose of, into a non-hazardous waste, which costs about
$35-50/ton."
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 on its Molecular Bonding
System (MBS(R)) technology, has applied for several patents including bullet
traps, projectiles, paint strippers and filter material with its IFS technology
and has received a notice of allowance from the Patent Trademark Office (PTO)
for the main IFS patent application. The effectiveness of the Company's
patented MBS is acknowledged by its successful completion of the U.S. EPA's
Superfund Innovative Technology Evaluation (SITE) Program. MBS has proven to
cost effectively and permanently remediate heavy metals contamination in soils
and industrial wastes.
MBS has been successfully used internationally in soil and other remediations
as well as 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, 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.
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.
At the Company: At OTC Financial Network:
Brian Binckes Geoffrey Eiten
913-685-4530 781-444-6100 x613
or
DATASOURCE: Solucorp Industries Ltd.
CONTACT: Brian Binckes of Solucorp Industries Ltd., +1-913-685-4530; or
Geoffrey Eiten or OTC Financial Network, +1-781-444-6100 ext. 613,
Web site: http://www.solucorpltd.com/