SLUP Solucorp Industries Ltd (CE)

Solucorp Industries Ltd. (OTC: SLUP) announces that it has signed an agreement with Ensco Caribe Inc., (Ensco) part of the Ochoa Group a large remediation company in Puerto Rico that specializes in hazardous waste remediation throughout the Caribbean. Ensco will have the sole rights to market, use, and sell Solucorp's patented MBS(R) technology throughout the island of Puerto Rico and the rest of the Caribbean. This agreement will allow Solucorp to increase exposure in Puerto Rico and the Caribbean Islands of its EPA "SITE" (Superfund Innovative Technology Evaluation) Program proven MBS (Molecular Bonding System) Technology. Puerto Rico is home to several well publicized environmental hazardous heavy metal contaminated sites that are in immediate need of Solucorp's technology. "We're confident that Ensco's engineering capabilities combined with Solucorp's Military Licensee, Destiny International, will provide Solucorp with the presence and support needed to continue our assault on the contaminated military base clean-up project on the island of Vieques," said Rich Runco, President of Solucorp. Destiny is actively pursuing all aspects of Military Business for Solucorp and concentrating on imminent environmental problems resulting from Congressional approval of military base closures (BRAC) throughout the United States and Europe. Ensco, a leader in site and soil remediation is contractually required to use Solucorp's MBS(R) technology for all of their future heavy-metals remediation projects including those identified by Solucorp. Ensco has handled numerous large projects throughout the island of Puerto Rico and the Caribbean and has established a reputation for targeting and eliminating contaminated sites that present serious environmental and health problems. About Solucorp Solucorp Industries, Ltd., a Canadian corporation is parent to three U.S. corporations including: Solucorp Industries, focusing on the metals remediation and pollution prevention industries. Solucorp's patented MBS(R) technology began development over twenty years ago and offers a permanent solution to heavy metals pollution problems. Solucorp's MBS(R) has also undergone U.S. EPA MEP (Multiple Extraction Procedure) testing demonstrating its ability to prevent the return of metal pollution for in excess of 1,000 years. Since being patented, MBS(R) has been used throughout the United States and Canada as well as the UK, Italy, China and Argentina. Solucorp's MBS(R) technology can be reviewed on the EPA website at www.epa.gov by typing in the New Search Space, "Molecular Bonding System". This technology is also presented in a publication produced by the EPA titled Superfund Innovative Technology Evaluation (SITE) Program, Technology Profiles 10th Edition, and Demonstration Program. The Integrated Fixation System (IFS) technology was developed from Solucorp's EPA SITE Program proven MBS(R) process. The IFS technology deals with pollution prevention rather than existing contamination problems. IFS can be integrated into many types of product applications. IFS prevents future contamination from metals such as lead, mercury, arsenic, chromium (hex or tri), cadmium, zinc, nickel, selenium, antimony, barium, beryllium, silver, thallium and vanadium. IFS can be added to pollutant-bearing products such as batteries, paint strippers, bullets, filters, computers, lamps, switches appliances, etc. IFS can be applied through a multitude of delivery systems both as solids and non-solids. The solid compound delivery systems include, for example, blocks, tablets, spikes and flakes. Some examples of non-solid delivery systems include laminates, inks, pastes, powders, gels, and slurries. IFS can be designed to activate and release under conditions such as exposure to light, pressure, acids, natural oxidation, etc. IFS has no limitations in how and where it can be integrated into metal containing products. Customized products can be designed and manufactured to meet specific needs. WITS Inc., founded in 2001 and purchased by Solucorp in June 2004, is capable of supplying package systems to treat contaminated wastewater as low as 20 gallons per minute and upwards of 200 gallons per minute. By installing multiple package systems, flows greater than that can be achieved. In addition to pricing advantages, the WITS package produces a better water end result without using harmful chemicals. The major water/wastewater areas where the WITS' package can be utilized with significant benefits includes water utilities; wastewater utilities; sludge processing; combined sewer overflows; industrial pretreatment; offshore oil rigs; livestock industry and in food & beverage industry wastewater, automotive/metal processing discharging, recyclable water recovery and phosphorous removal. WITS also has a network of representatives throughout the Country to promote their technology. This wide range of uses provides Solucorp with the ideal complement to its remediation and metals pollution preventive proprietary technologies. 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. Investors are cautioned to perform a proper due diligence and consult licensed professionals prior to making an investment decision.