Solucorp Industries, Ltd. (OTC:SLUP) announced that it has received a letter of commendation from Syndial S.p.A. for outstanding environmental land remediation work performed at the Ponticelle, Ravenna site in Ravenna, Italy. Solucorp completed the $5 million reclamation project at the Ponticelle site in 2006. The Director of the project for Syndial, a member of the ENI Group (http://www.eni.it/home/home_en.html), sent a letter commending Solucorp�s excellent work. The letter states that, �The project has been completed with success, noting that results have surpassed the 17 day cession test prescribed by the local Italian Environmental Control Agencies.� The letter goes on to inform, �That thanks to the MBS (Molecular Bonding System) technology 85% of the material treated on the property has already been reused on site.� The remaining 15% remains clean and ready for use. �This operation was successfully completed thanks to the MBS technology and �know how� of Solucorp along with the engineering skills of Syndial in the successful implementation of Solucorp�s first Italian use of MBS technology.� The letter also states that, �Solucorp will be inserted in Syndial�s list of qualified suppliers and it will be therefore possible for Solucorp to enter into competitions for new operations of reclamation of contaminated industrial sites� owned by the ENI Group. On Sunday, February 11, 2007, an article was published in the Ravenna Cronaca, a newspaper in Ravenna, Italy, which told the story of the reclamation of the Ravenna, Ponticelle site and the fact that it was the first use of patented MBS technology in Italy. The article was prefaced by the statement �The area Ca` Ponticelle is recleaned by an innovative American Technology� and goes on to describe how the MBS technology which is described at length in the U.S. Environmental Protection Agency SuperfundInnovative Technology (SITE) Program (www.epa.gov) has stabilized the contaminated soil, impeding harmful affluents from spreading to the valleys and sea. The contaminated site was under the control of ARPA (http://www.arpa.emr.it/pubblicazioni/generale/generale_149.asp), the Italian Environmental regulatory agency. �Costs of the project were reduced 60% by Solucorp�s technology� allowing the soil to be reused on the site, which lowered operating costs and eliminated the added cost of trucking and dumping the treated material. The reclaimed land will now be used by the municipal government, for example, in a terminal for logistical connection to the port of Ravenna as planned. This project culminates a six-year quest to clean up the toxic land by the citizens of Ravenna. The agreements for the clean up were initiated by the former Mayor of Ravenna. The article goes on to say that Solucorp has captured the interest of local companies for the treatment of incinerator ash and the recovery of contaminated lands throughout Italy. A second site, Polimeri, where inactive chemical plants are being disassembled, is currently being evaluated by Syndial for cleanup with the proven MBS technology. Richard A. Runco, President of Solucorp Industries, Ltd., stated, �This glowing endorsement by Syndial, a part of ENI Group, culminates several years of working with the Italian company to achieve this great success. The remediated site at Ravenna has been visited by many Italian environmental companies, regulatory bodies, political personnel and engineers involved in contaminated soil reclamation. Solucorp presently is in various stages of negotiations with several companies for reclamation projects, including the Marghera, Venice project, which is one of the largest clean up projects in the country of Italy.� Solucorp also announced it has signed a Joint Venture Agreement with So.Ing Strutture & Ambiente S.r.l., an Environmental Engineering Company of Livorno, Italy that performs geophysical testing of contaminated sites worldwide. So.Ing gives Solucorp the ability to have sites geophysically analyzed, which greatly reduces the cost of traditional analysis methodology. Solucorp is in the process of testing and also negotiating contracts with some of the highest regarded Italian companies in the environmental field to spread its patented MBS technology throughout not only Italy but all of Europe. Solucorp has already completed the Ravenna, Ponticelle project working with Snamprogetti, one of the largest environmental engineering companies in Italy. About Solucorp Industries, Ltd. Solucorp Industries, Ltd., is a provider and developer of cost effective and permanent technologies for the remediation and prevention of hazardous heavy metal (including lead, mercury, arsenic, chromium, copper, zinc, nickel, selenium and cadmium) contamination. Solucorp is the owner of several patents and numerous additional patents that are pending. Solucorp Industries, Ltd., has three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company, Inc., and WITS, Inc. Forward-Looking Comments In accordance with the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1955, Solucorp cautions that statements in this press release, which are forward-looking and provided other than historical information, involve risks and uncertainties. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous uncertainties and risks, including, but not limited to, risks that the technology may not produce the expected results or that its commercial application may not be economically feasible.
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