JBI, Inc. to Present at 21st Annual North American Waste-To-Energy Conference (NAWTEC)
April 22 2013 - 4:00PM
Marketwired
JBI, Inc. (the "Company" or "JBI") (OTCQB: JBII), a clean energy
company that recycles waste plastic into liquid fuels, is pleased
to announce that company founder and Chief of Technology John
Bordynuik will be amongst presenters this year at the 21st annual
North American Waste-To-Energy ("NAWTEC") Conference in Fort Myers,
Florida. The conference takes place April 22 - 24, 2013.
NAWTEC is recognized as the industry's premier technical
conference and trade show focusing on municipal waste-to-energy
operational issues and policy, the latest in legislative updates
that impact waste-to-energy companies, as well as technology and
research initiatives.
In conjunction with NAWTEC, company founder and Chief of
Technology John Bordynuik's peer-reviewed paper entitled "Viable
Production of Diesel from Non-Recyclable Waste Plastics" will be
published by the American Society of Mechanical Engineers ("ASME").
This paper discusses the evolution of the Company's proprietary
Plastic2Oil® ("P2O") process and the technological challenges faced
and overcome by the company during its brief history.
"It is exciting to have John represent our company at NAWTEC
this year, as well as to have his peer-reviewed paper published by
ASME," stated JBI CEO Kevin Rauber.
More information on the NAWTEC conference can be at
http://nawtec.swana.org.
About JBI, Inc.
JBI, Inc. is a clean energy company that recycles waste plastic
into liquid fuels. JBI's proprietary Plastic2Oil technology can
deliver economic and environmental benefits by replacing refined
fuels and diverting waste plastic from landfills. For further
information, please visit www.plastic2oil.com.
Forward Looking Statements
This press release contains statements, which may constitute
"forward looking statements" within the meaning of the Securities
Act of 1933 and the Securities Exchange Act of 1934, as amended by
the Private Securities Litigation Reform Act. The Private
Securities Litigation Reform Act of 1995 (PSLRA) implemented
several significant substantive changes affecting certain cases
brought under the federal securities laws, including changes
related to pleading, discovery, liability, class representation and
awards fees as of 1995. Those statements include statements
regarding the intent, belief or current expectations of JBI, and
members of its management as well as the assumptions on which such
statements are based, including the expected timing of the
Company's Form 10-K, execution of the proposed agreements described
above and consummation of the transactions contemplated by such
agreements. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. Such risks include, but are not limited to: (1) JBI has
a history of net losses, and may not be profitable in the future;
(2) JBI may not be able to obtain necessary licenses, rights and
permits required to develop or operate our Plastic2Oil business,
and may encounter environmental or occupational, safety and health
conditions or requirements that would adversely affect its
business; and (3) JBI may experience delays in the commercial
operations of its Plastic2Oil machines and there is no assurance
that they can be operated profitably. For a more detailed
discussion of such risks and other factors, see the Company's
Annual Report on Form 10-K, filed with the SEC on March 15, 2013
and its other SEC filings. The Company undertakes no obligation to
update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results.
CONTACT Chris Irons Corporate Communications &
Investor Relations Manager 716.471.5995 ir@jbi.net MEDIA
INQUIRIES media@jbi.net or please visit the JBI, Inc. Newsroom
at www.plastic2oil.com
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