Solucorp Featured in Chemical Week, the Worldwide News Source for Chemical Makers and Processors
May 04 2004 - 9:01AM
PR Newswire (US)
Solucorp Featured in Chemical Week, the Worldwide News Source for
Chemical Makers and Processors WEST NYACK, N.Y., MAY 4
/PRNewswire-FirstCall/ -- Solucorp Industries Ltd. , a provider of
advanced technology solutions to the Remediation and Environmental
industries worldwide, announced today the Company was featured in
Chemical Week, The Worldwide News Source for Chemicals Makers and
Processors on March 31, 2004 in the article entitled "Avoiding
Problems with Heavy Metal" by Kara Sissell. The article highlights
Solucorp's Molecular Bonding System (MBS(R)) under its "Innovation"
feature. An excerpt from the article follows: "MBS, developed in
1997, has been incorporated into a patented system for use in
industrial processes and consumer products, Solucorp says. The
company says it is seeking commercialization partners.
"Manufacturers can add MBS to battery casings, filters for
contaminated paint dust; filters or slurries for incinerator
exhaust gas; laminated bags for disposing of toxic metal waste;
landfill liners ... MBS binds the metals for an estimated 1,000
years and can transform hazardous waste, which costs $120-$200/ton
to dispose of, into a non-hazardous waste, which costs about
$35-50/ton." About Solucorp Industries Ltd. SOLUCORP is one of the
environmental industry's innovative developers of superior metals
remediation technologies. The Company develops innovative
technologies for the treatment and prevention of hazardous heavy
metals contaminated waste streams. Solucorp owns two patents on its
Molecular Bonding System (MBS(R)) technology, has applied for
several patents including bullet traps, projectiles, paint
strippers and filter material with its IFS technology and has
received a notice of allowance from the Patent Trademark Office
(PTO) for the main IFS patent application. The effectiveness of the
Company's patented MBS is acknowledged by its successful completion
of the U.S. EPA's Superfund Innovative Technology Evaluation (SITE)
Program. MBS has proven to cost effectively and permanently
remediate heavy metals contamination in soils and industrial
wastes. MBS has been successfully used internationally in soil and
other remediations as well as in the Company's preventative
technology IFS (Integrated Fixation System). IFS delivers consumer
product safety systems to manufacturing institutions. IFS can be
applied to a multitude of hazardous pollutant sources that render
them insoluble, and hence, non-hazardous, at the end of a product's
life cycle. Consumer products targeted for IFS include auto and
household batteries, mercury switches, paint removers, electronic
circuit boards and air emission and paint booth filters. For
additional company information, visit: http://www.solucorpltd.com/.
Investors should visit: http://www.otcfn.com/slup. 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. Solucorp settled a
civil action by the SEC the details of which can be found on the
SEC website, as such investors are cautioned to perform a proper
due diligence and consult licensed professionals. At the Company:
At OTC Financial Network: Brian Binckes Geoffrey Eiten 913-685-4530
781-444-6100 x613 or DATASOURCE: Solucorp Industries Ltd. CONTACT:
Brian Binckes of Solucorp Industries Ltd., +1-913-685-4530; or
Geoffrey Eiten or OTC Financial Network, +1-781-444-6100 ext. 613,
Web site: http://www.solucorpltd.com/
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