MIRAMAR BEACH, Fla.,
Aug. 13 /PRNewswire-FirstCall/ --
NuEarth Corporation (Pink Sheets: NUEC) ("NuEarth"), a US based
manufacturer and marketer of "Clean & Green" products and
technology, announced today that Mr. Levi
Modelevi, the new President and Chief Executive Officer has
completed an interview on the Company's focus and future with
iVisage Media Inc. Modelevi will focus on new product
development, increasing the marketing of TerraSolv laboratory
services and product manufacturing as NuEarth Corporation launches
its revolutionary AquaSolv and AB Tech Cleaners and Strippers in
the US Market.
1. Please give us an overview of NuEarth Corporation, what
you do, and your target markets?
Modelevi: "NuEarth
manufactures and markets three main product lines. NuSoil-a
very unique organic fertilizer; AquaSolv-a completely biodegradable
and unique family of PAM's; and our new AB Tech biodegradable
cleaners and paint strippers.
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Our AquaSolv product line is our
main target to launch our Company in the US markets -
AquaSolv-water retention product; DustBlock-dust inhibitor;
RoadBinder-soil stabilizer; AquaCarrier-pesticide and herbicide
carrier; and our new AquaFrac-environmentally safe and completely
biodegradable drilling and fracturing solution.
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NuEarth will be making
substantial announcements with regard to market penetration with
growth in the retail distribution markets for our products. I
would expect our product sales and market growth to exceed our
current TerraSolv revenue over the next 18 months."
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2. In your opinion, what are the 3 main reasons why
investors should invest in NuEarth for the long term?
Modelevi: "Our
products, market potential and growth plans. Our products are
environmentally safe and superior to what is currently on the
market. Our market potential for our product groups represent
more than $980 billion. A small market penetration will yield
large financial returns for the company. Our growth plans put
a premium on rapid expansion using external distribution partners
to limit the financial burden on the Company."
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3. Is the Company's current capitalization adequate to
achieve its strategic objectives through the next 12 months?
Modelevi: "We are
financially sound with our TerraSolv laboratory service division
and very well supported by our largest shareholder the Avalon Group
Ltd. The Company has a very aggressive growth strategy that I
have been tasked to implement and we our focused on developing the
needed structure to be successful."
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4. What are the Company milestones over the next 18 months
we should watch for?
Modelevi: "We are
growing fast, and the milestones set by the Company are strategic
in scope. The relocation from Italy of our TerraSolv
laboratory service division; The development of a US based
manufacturing facility; development and launch of a retail market
for our products; and finally the expansion of our marketing and
sales staff."
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5. Tell us about the Company's management team.
Modelevi: "The team
has more than 90 years of research and development experience in
PAM's, organic chemistry and computer modeling for the agricultural
and environmental industries. We have 9 PhD's on staff with
our TerraSolv laboratory service division and we are continually
researching difference uses and industries that our products can
make a difference.
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An example of this is the recent
development and launch of the AquaFrac product for the emerging oil
and natural gas shale drilling and exploration industry. This
product brings to the industry the first 100% environmentally safe
and biodegradable fracturing solution."
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6. Do you have any additional closing comments for
potential investors?
Modelevi: "I have
been with the Company for about 60 days and I am thrilled with the
progress we are making. We have hired three market and sales
staff and are finalizing on the relocation of our TerraSolv
laboratory service division from Italy. I have joined NuEarth
at an exciting phase of the company's development. NuEarth's
products and technology have the potential to revolutionize the
water retention, dust control and drilling markets. Our new
AB Tech cleaners and paint strippers will bring a "Clean &
Green" technology that will replace more hazardous solutions in
various industry cleaning applications. The future is very
bright for our Company and I'm proud to be associated with
NuEarth.
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Our products are uniquely
positioned to take advantage of the move toward environmentally
sensitive products worldwide. Our target markets are
dominated by smaller, under capitalized competitors – while NuEarth
has developed superior products and is financially stronger and
very well supported. These facts should allow us to gain
market share and ultimately dominate these niche
markets."
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7. Does the Company have a website where investors can get
more information?
Modelevi:
"www.nuearthcorp.com"
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Investor relation
contact:
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c/o: Alfon
Rosalini
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866-311-6373
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Alfon.rosalini@nuearthcorp.com
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SOURCE NuEarth Corporation
Copyright . 13 PR Newswire