Solucorp Receives Initial Payment, Shipment of Chemicals for Ravenna, Ponticelle, Italy Project Commences

Solucorp Industries (OTC: SLUP) announces that it has
received the initial USD $300,000 for the technical "know how"
provided and the work done by Solucorp during the planning and
construction phase of the treatment plant at the Ravenna, Ponticelle,
Italy site. Additionally, the first shipment of chemicals has arrived
at the port for delivery to the Ravenna, Ponticelle site August 17,
2005.
   The anticipated startup schedule of the project (Solucorp Signs
Contract for Sale of $5.5 Million of Its MBS Toxic Metals Remediation
Products, News Release June 13, 2005) has been received from Syndial
SpA. Solucorp personnel will be at the Ravenna, Ponticelle site the
week of September 5, 2005 for the initial testing and setup of the
plant. Solucorp technical personnel will return to the site the week
of September 26, 2005 and remain through October 14, 2005 for the
actual commissioning and commencement of the sediment treatment. The
remediation of this site is expected to take twelve months to complete
during which time a senior Solucorp field technician will be present
on site.
   The Ravenna, Ponticelle project will allow Solucorp to showcase
its MBS(R) (Molecular Bonding System) to all of Europe at a time when
new European regulations (Council Directive 1999/31/EC of 26 April
1999) that went into effect in July, 2005 prohibiting hazardous waste
from being disposed in landfills, have been instituted. Solucorp has
been working with the ENI Group, one of the world's energy giants, for
seven years through its environmental branch. The MBS technology
offers a viable solution to the stringent demands required by this new
legislation. Solucorp and Ambiente, now Snamprogetti SpA signed an
Exclusive Agreement in February 2004. This agreement which was
previously discussed in our news releases of February 26, 2004 and
March 3, 2004, grants, Snamprogetti S.p.A., the exclusive right to
market and apply the MBS technology for the ENI Group and its
customers, limited to the Country of Italy. Solucorp and Snamprogetti
SpA have begun conversations on new projects that will require the
MBS(R) technology.
   Rich Runco, President of Solucorp Industries, Ltd. states, "The
ENI Group's decision to use exclusively Solucorp's MBS(R) technology
is a direct verification to the excellence of the technology and the
confidence ENI Group has in the technologies ability to instantly,
permanently and cost effectively remediate heavy metals
contamination."

   About Solucorp

   Solucorp Industries, Ltd., a Canadian corporation is parent to
three U.S. corporations including: Solucorp Industries, focusing on
the metals remediation and pollution prevention industries. Solucorp's
patented MBS(R) technology began development over twenty years ago and
offers a permanent solution to heavy metals pollution problems.
Solucorp's MBS(R) has also undergone U.S. EPA MEP (Multiple Extraction
Procedure) testing demonstrating its ability to prevent the return of
metal pollution for in excess of 1,000 years. Since being patented,
MBS(R) has been used throughout the United States and Canada as well
as the UK, Italy, China and Argentina. Solucorp's MBS(R) technology
can be reviewed on the EPA website at www.epa.gov by typing in the New
Search Space, "Molecular Bonding System". This technology is also
presented in a publication produced by the EPA titled Superfund
Innovative Technology Evaluation (SITE) Program, Technology Profiles
10th Edition, and Demonstration Program.
   The Integrated Fixation System (IFS) technology was developed from
Solucorp's EPA SITE Program proven MBS(R) process. The IFS technology
deals with pollution prevention rather than existing contamination
problems. IFS can be integrated into many types of product
applications. IFS prevents future contamination from metals such as
lead, mercury, arsenic, chromium (hex or tri), cadmium, zinc, nickel,
selenium, antimony, barium, beryllium, silver, thallium and vanadium.
IFS can be added to pollutant-bearing products such as batteries,
paint strippers, bullets, filters, computers, lamps, switches
appliances, etc. IFS can be applied through a multitude of delivery
systems both as solids and non-solids. The solid compound delivery
systems include, for example, blocks, tablets, spikes and flakes. Some
examples of non-solid delivery systems include laminates, inks,
pastes, powders, gels, and slurries. IFS can be designed to activate
and release under conditions such as exposure to light, pressure,
acids, natural oxidation, etc. IFS has no limitations in how and where
it can be integrated into metal containing products. Customized
products can be designed and manufactured to meet specific needs.
   WITS Inc., founded in 2001 and purchased by Solucorp in June 2004,
is capable of supplying package systems to treat contaminated
wastewater as low as 20 gallons per minute and upwards of 200 gallons
per minute. By installing multiple package systems, flows greater than
that can be achieved. In addition to pricing advantages, the WITS
package produces a better water end result without using harmful
chemicals. The major water/wastewater areas where the WITS' package
can be utilized with significant benefits includes water utilities;
wastewater utilities; sludge processing; combined sewer overflows;
industrial pretreatment; offshore oil rigs; livestock industry and in
food & beverage industry wastewater, automotive/metal processing
discharging, recyclable water recovery and phosphorous removal. WITS
also has a network of representatives throughout the Country to
promote their technology. This wide range of uses provides Solucorp
with the ideal complement to its remediation and metals pollution
preventive proprietary technologies.

   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. Investors are cautioned
to perform a proper due diligence and consult licensed professionals
prior to making an investment decision.