Solucorp's Ravenna, Italy Project Showcases Proprietary Technology

Solucorp Industries, Ltd. (OTC:SLUP) announced today
that its soil remediation project in Ravenna, Ponticelle, Italy has
generated $3.7 million in revenues during the past ten months. Tonnage
remaining to be processed through November 2006 will result in an
additional approximate $1 million in revenue, for a total of $4.7
million in total revenues generated from this project during the
calendar year 2006.
   The company's patented Molecular Bonding System (MBS(R))
technology successfully remediated hazardous heavy metals from soils
on site during the ten-month period. The test results show the MBS
process consistently resulted in treated soils proving non-hazardous
soil. The land is now acceptable for redevelopment under stringent
Italian Environmental Land Redevelopment regulations. The site is
owned by Syndial who has sold the remediated and reclaimed the land
for use as a housing development.
   The ongoing success at the Ravenna project has been used to
showcase cost effectiveness and efficiency of the MBS technology to
other prospective clients throughout Italy, including one project in
Venezia, one in Tuscany, and two in the province of Emilia. To date,
Solucorp has successfully tested and treated contaminated soil and
water samples at seven hazardous waste sites throughout Italy and is
in various stages of contract negotiations for remediation contracts.
   Two additional Syndial site projects are pending, attesting not
only to the success at the Ravenna site, but to Syndial's commitment
to the MBS technology. Syndial has identified nineteen sites in need
of remediation.
   Based in Rome, Syndial is one of Europe's largest companies,
employing more than 80,000 persons in more than 70 countries. Syndial
represents an important international alliance and provides Solucorp
with a worldwide stage from which to showcase its innovative
technologies.
   Solucorp's Italian operation is expanding to meet the ever growing
interest in and demand for its technologies. Theodore Wille
Intertrade, GmBH, a European purchasing conglomerate, visited the
Ravenna site and introduced the Venezia site opportunity to Solucorp.
The potential remediation of that site alone represents an estimated
$16+ million in revenue to Solucorp. The success of the Ravenna site,
when added to the remediation requirements of the European Union and
Italian government, set the stage for expanded use of Solucorp's
innovative technologies throughout Italy and the rest of Europe.

   About Solucorp Industries, Ltd.

   Solucorp Industries, Ltd. (www.solucorpltd.com) is a developer and
provider of patented, cost-effective, and permanent technologies for
the remediation and prevention of hazardous heavy metal contamination.
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 dealing 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.