SLUP Solucorp Industries Ltd (CE)

Solucorp Industries, Ltd. (OTC:SLUP), a developer and supplier of superior heavy metals remediation technologies, today announced that it has engaged Bibicoff & Associates, Inc., a full-service investor relations and strategic planning firm, to increase investment community awareness of the Company. Bibicoff & Associates will initially concentrate on developing and implementing communications strategies and programs specifically targeting the retail brokerage, institutional and investment banking communities. Harvey Bibicoff, President and CEO of Bibicoff & Associates, stated, "Solucorp fits all the criteria I look for when selecting a new client company: (1) Solucorp's patented technology has numerous, documented benefits as a permanent solution to the global and growing problem of hazardous waste remediation; (2) the market for its products and services is vast and offers large gross profit margins; (3) it offers solutions to problems which are important today and in the foreseeable future; and (4) the Company is virtually invisible to Wall Street at this time and has no following because of problems long since resolved. "Solucorp's management is poised to capitalize on the foundation laid over the past several years -- as evidenced by the recently announced contract signed to remediate mercury from the coal emissions of a major U.S. power plant, a first of its kind. We expect the Company's management to continue to successfully lead its growth-oriented business strategy and believe that Wall Street will appreciate the Company's business model, future outlook and growth potential, and thus reward SLUP with significant and long-term market support as the Company reaches important milestones and as it becomes more visible and its business model better understood," Bibicoff said. Rich Runco, President of Solucorp, said, "Solucorp is successfully emerging from its corporate challenges and for the first time in its history will be generating revenues from multi-year, multimillion-dollar contracts based upon two of our cutting-edge technologies (Molecular Bonding System(R) (MBS) and Integrated Fixation System (IFS)). The time is right to reintroduce our Company and our state-of-the-art products to the investment community. We see Bibicoff & Associates as a valuable asset to shape our communications with the investment community while we continue to pursue the excellent growth opportunities ahead of us. They have already begun to play an important role in helping to guide our Company's strategies in the investment banking and investor communications arenas." About Solucorp Industries, Ltd. Solucorp Industries, Ltd., is a developer and provider of patented, cost effective and permanent technologies for the remediation and prevention of hazardous heavy metal contamination. Solucorp operates three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company Inc., and WITS, Inc. 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.