Solucorp Signs Contract for Patented Mercury Emissions Control Technology To be Used on Working Coal Fired Energy Plant

Solucorp Industries (OTC:SLUP) today announced it has
signed a contract with a major U.S. based, publicly traded, global
power generation company to integrate Solucorp's Integrated Fixation
System (IFS) mercury emission control technology for the first time,
into a working coal fired power plant. Integration efforts are
underway and expected to be completed by the fourth quarter in 2006.
   Solucorp's technology, designed to reduce coal-fired mercury
emissions below federal mandated minimums, will also remediate the
coal ash. This first-of-its-kind solution can save the coal burning
industry hundreds of millions if not billions of dollars, in failing
emission control costs. Congress, the Environmental Protection Agency
(EPA), the Department of Energy (DOE), as well as power plants, have
often expressed a belief that there is currently no solution to the
coal burning / mercury dilemma. Solucorp contends that its IFS
technology is in fact a viable, cost effective solution.
   The goal of this specific contract is to create the first of many
coal burning power plants that have fewer environmental consequences
than are found with existing plants and alternative power facilities,
such as oil and nuclear generated plants. This would eliminate any
further need for expansion of oil burning power facilities to replace
coal facilities and meet energy needs, an action being considered by
certain states as reported by the Boston Globe 10/22/05.
   Richard Runco, President of Solucorp, stated "The institution of
new stringent discharge regulations as amendments to the Clean Air Act
of 1970, have forced coal fired energy facilities, which are facing
ever increasing energy demands, to search for cost effective and
permanent solutions in order to operate in compliance with federal
mandates, and to fend off possible U.S. Environmental Protection
Agency (EPA) and Congressional power plant closure mandates." In fact
as recently as March 17, 2006, the U.S. Court of Appeals District of
Columbia overturned a clean air amendment that would have let many
power plants, refineries and factories avoid installing costly new
pollution controls to help offset increased emissions caused by
repairs and replacements of equipment according to an article in the
March 18, 2006 issue of the New York Times.
   The Clean Air Act calls for new plants to be built and
refurbishing of old plants to include up to date pollution control
technologies. The overturned amendment was an attempt to relax these
requirements. The recently upheld "new source provision" was a way to
ensure that pollution controls must be modernized along with the
plants themselves. IFS technology is the solution and unlike many
alternatives, does not collect the mercury but rather remediates it
eliminating any future liability for utilities.
   Runco continued, "Our government finally recognizes that there is
an urgent need to limit dependence on foreign oil by finding new
technologies capable of eliminating hazardous emissions. This, along
with rising fuel prices, the homeland security risks associated with
nuclear plants and the abundant coal reserves throughout the world,
highlights the need for Solucorp's Coal Power Mercury Emissions
Control Technology." Environmental Energy Services (EES) previously
described in a Solucorp's press release, (dated May 17, 2005) Solucorp
Industries Ltd's (SLUP), Integrated Fixation System (IFS) and its
partner the Coal Burning Power Plant have initiated a full scale
integration of the mercury emissions control technology into a working
power generating energy plant. This effort combines the engineering
skills of EES, Solucorp's Molecular Bonding System (MBS(R)) Superfund
Innovative Technology Evaluation (EPA/54D/R-99/500A 2/99) the patented
innovative delivery systems of IFS, and the know how of the Power
Plant personnel.
   The Coal burning power plant industry in the U.S. consists of
approximately 1,300 coal-fueled power plants supplying 50% of
electrical power plant energy requirements for the U.S. There are also
17,000 factories, refineries and chemical plants that emit millions of
tons of pollutants into the air (N.Y. Times article 3/18/06).
   Added Runco, "Coal is plentiful but polluting, and an energy
hungry world anxiously awaits the cleaning of mercury filled emissions
generated by this fossil fuel. The negative impact of closing coal
burning power plants would have a catastrophic effect on our energy
supply, our way of life and would further increase our dependence on
foreign oil". U.S. Power Plants annual spending will exceed $40
billion by 2010 in an effort to eliminate environment hazards which
include mercury emissions. Global consumption of coal is currently in
excess of five billion tons per year with China burning 1.531 billion
tons, Europe 1.305 billion tons, U.S. 1.094 billion tons and the
remaining 1.410 billion tons by other countries. (Energy Information
Administration, DOE. Data). "The new patented technology developed by
Solucorp Industries is designed to make coal the primary source of
power plant energy while reducing world dependency on foreign oil and
other power sources," concluded Runco.
   Solucorp's innovative technology, patented in 1999, has undergone
scores of successful independent testing to review its effectiveness
and cost savings as well as the impact of installing Solucorp's
technology into a working coal burning power plant. Mark Pastore,
Director of Business Development for EES, Inc. stated; "EES is excited
about the opportunity to work closely with Solucorp in the application
of their MBS technology on a full scale coal-fired power plant. We
look forward to applying our project management and diagnostic testing
experience in designing and implementing and advanced application
system to support this program" Runco said " Our IFS technology
represents an opportunity for nations to use their own existing coal
supplies to meet their ever-expanding energy needs". The U.S., Europe
and China, for example, have hundreds of years of coal supplies. Two
hundred eighty one million dollars ($281,000,000) of government funds
has been pledged for developing cleaner coal burning power plants.
Solucorp's mercury emissions controls technology has already been
developed and tested under the watchful eye of the DOE and a
consortium of power plants by the Environmental Energy Resource
Center; North Dakota (EERC) (JVTASK73 10/05). As the Coal Burning
Power Industry embraces our Mercury Emissions Control Technology at
cost saving prices, the belief that no single technology exists that
can solve the mercury coal power dilemma is soon to be a myth.

   About Solucorp Industries Ltd.

   Solucorp Industries, Ltd., is a developer and provider of cost
effective and permanent technologies for the remediation and
prevention of hazardous heavy metal contamination. Solucorp is the
owner of several patents and numerous additional patents that are
pending. Solucorp operates three wholly owned subsidiaries: Solucorp
Industries, Integrated Fixation System Company Inc., and WITS, Inc.
   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.