Vision Plasma Systems Signs Agreement With Cell Runner Inc. of Japan to Purchase Two (2) ArcMaster I Units at a Combined Cost...
August 16 2012 - 4:15PM
Marketwired
Vision Plasma Systems, Inc. (PINKSHEETS: VLNX) announced today that
an agreement from Cell Runner Inc. of Japan has been signed for the
purchase of two (2) Arc Master I Units. These initial units will be
used to remediate over 5,000 hazmat suits used daily by cleanup
crews working in the Fukushima Nuclear Facility, at a cost of $5.8
Million USD per unit. Pending review of this initial performance of
the ArcMaster I units' remediation capabilities, Vision Plasma
Systems feels optimistic that "...the company could see as many as
an initial 23 more units on current Cell Runner proposals," stated
CEO Timothy P. Volk.
Unlike any other technology available, the Arc Master I mobile
unit has the ability to be deployed on site to safely dispose of
the rubberized contaminated overalls, eliminating the need for
costly transportation and the risk of any hazardous radiation
exposure to the environment. The contaminated hazmat suits used by
the workers in and around the disaster area have been stockpiled
for over a year, unable to be incinerated or disposed of by any
traditional process.
"Japanese officials have acknowledged that the Arc Master I
technology is the only feasible option for the safe handling and
remediation of what has become a major environment cleanup
operation," stated Timothy P. Volk, CEO of Vision Plasma Systems,
Inc. "Their nation is looking to them for an answer, and they are
eager be the first ones to receive our units."
Japanese officials, negotiating through their intermediary, Cell
Runner of Japan, have requested enough units to not only handle the
daily flow of 5,000 suits a day, but also enough to get rid of the
backlog of contaminated suits, currently isolated in a
warehouse.
Cell Runner of Japan is an intermediary technology provider to
many commercial businesses and government agencies. Vision Plasma
Systems has provided technical support and advice on how to
remediate the massive tsunami debris as well as how the Arc Master
I can reduce the affected volumes of radiated debris from the
Fukushima reactor site, as the radiated debris would be vitrified
for removal so that long term containment can be accomplished.
The environmental cleanup effort is the largest in modern
history, and the mobility of the Arc Master I to set up in various
locations, will be key to a more environmentally proper remediation
of all the debris types including accumulated ash from improper
incineration. Additionally the Arc Master I's ability to produce
excess electrical energy in these distributed areas will be an
invaluable resource as well. The cleanup in Japan is expected to
take two or more decades and for Vision Plasma Systems, as the
total cleanup effort is expected to exceed $90 Billion in costs
over the next 20 years.
The Arc Master I mobile unit, the first of its kind, was
designed to deploy a clean and green remediation solution to
various worldwide corporations, military, government, and municipal
customers. The unit is capable of converting up to 5 tons per day
of hazardous wastes and other matter into syngas, net electricity,
and recyclable metal ingot, without any air emissions or ash from
the gasification process. Built inside two (2) ISO 40' metal
containers, The Arc Master I can be easily transported by truck,
rail, ship, or plane worldwide to provide a fast and mobile
solution to the remediation of all forms of waste. The Arc Master I
mobile unit is entirely self-powering, creating its own energy from
the waste that it processes, and creating up to 240KW of usable
electricity at the site.
Plasma Arc Gasification has been in operation since the 1970s,
with numerous large scale fixed facilities operating worldwide.
Plasma Arc Gasification is the safest and most effective way to
eliminate all wastes, both hazardous and common municipal, and
carries the added benefits of self-powering through the use of its
own syngas, recovery of refined metals, and silica-based slag which
can be used in ancillary building products. The plasma gasification
process occurs in an oxygen starved reactor which creates zero
emissions unlike that of incineration and pyrolysis operations
which create harmful furans and dioxins. Plasma gasification has no
flue and does not create an ash. Common incinerator ash is
considered toxic and requires secondary containment and
transportation is federally restricted.
About Vision Plasma Systems, Inc. Vision
Plasma Systems, Inc. is a designer, developer, and marketer of its
proprietary mobile plasma arc gasification unit called the Arc
Master I. The company is committed to providing affordable energy
resource management for federal and commercial clients through
sustainable and renewable energy technologies, land reclamation,
products and services.
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"forward-looking statements." Actual results could differ
materially from those projected in the forward-looking statements
as a result of a number of risks and uncertainties. These include
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expectations, the need for the company to manage its growth, the
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date of this press release and should not be relied upon as of any
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