Gary M. Petersen, Chairman of Green Seal and Pioneering Recycler, and Robert H. Sulnick, Environmental Lawyer, Signed as Consult
12 October 2006 - 11:00PM
Business Wire
Solucorp Industries, Ltd. (OTC: SLUP) announced today that Gary M.
Petersen, one of the Nation�s leading conservationists and U.S.
recycling pioneer, and his business partner, Robert H. Sulnick,
co-founder of American Oceans campaign (with Ted Danson), have been
signed as consultants to Solucorp to spearhead the introduction and
commercialization of the Company�s Integrated Fixation System (IFS)
and Molecular Bonding System (MBS�) patented proprietary
technologies. The initial focus will be on IFS, a first-of-its-kind
heavy metals remediation solution which removes mercury from coal
fired power plant emissions. Petersen, as a Waste Management Vice
President and Director of Environment Affairs for Recycle America
was instrumental in the company becoming the largest recycler in
the U.S. Having been involved in the greening of the White House,
Petersen is a recognized expert in environmental sustainability.
Petersen and Sulnick offer a wealth of environmental expertise and
experience to the Solucorp team. The pair brings a twenty-year
track record of championing many important environmental issues as
well as shepherding anti-pollution and energy conservation
technologies to the marketplace. Their client list has included:
British Petroleum (solar energy, ARCO-BP (low-sulfur diesel), the
Western States Petroleum Association (recycled motor oil, low
sulfur-diesel), Intergen (sustainable development, energy
conversation), Toyota (recycling), OsmoTech and the Army Corps of
Engineers (electric pulse technology capable of solving mold and
water intrusion problems in-grade and below-grade structures),
Earth Shell (biodegradable alternative to plastic and polystyrene
packaging), and such developers as Playa Vista and Hearthside Homes
(base energy model, alternative energy, indoor air quality,
building materials, water conservation, recycling). �When I was
introduced to Solucorp�s unique technology,� Petersen said, �I
immediately understood and appreciated what an important
contribution it could make to our efforts to clean up our
environment � and I knew I wanted to be involved in a meaningful
way. I believe that Solucorp�s breakthrough technology will be
embraced as a long-sought-after solution to clean up the heavy
metals contamination of our planet,� said Petersen. �Mercury is a
dangerous toxic pollutant that accumulates in the food chain,� said
Sulnick. �Until recently it was thought that mercury poisoning was
confined to fetuses and the young. Recent studies however, identify
mercury as a much more destructive toxin than previously thought.
Studies show that, at medium exposures it harms adults as well as
children.� Noel E. Spindler, President of IFS, a Solucorp
subsidiary, noted that, �We are confident that Gary�s and Bob�s
superior credentials coupled with the great respect they command in
the industry will open significant doors for us as we actively
begin to introduce our remediation systems.� Petersen and Sulnick
are the latest high-profile environmentalists to align with
Solucorp in backing the Company�s efforts to help clean planet
earth. Earlier this week, Solucorp announced that Gary Smith,
legendary Hollywood producer, will work hand-in-hand with James
Brolin, the famed actor and husband of Barbra Streisand, to produce
a video news release with plans to secure cameos from top
celebrities and notables to highlight Solucorp�s coal treatment
technology. As previously announced, Solucorp (www.solucorpltd.com)
is presently integrating its IFS mercury emissions control
technology into a working coal-fired energy plant at a major global
power generation company, taking this most crucial step to
demonstrate a solution to the world�s mercury emissions dilemma. By
the end of this year, Solucorp plans to make the technology
accessible to the worldwide energy industry. Mercury is a highly
persistent, toxic pollutant that accumulates in the food chain.
Fetuses, infants and young children are most at risk for mercury
damage to their nervous systems. At high concentrations, it can
cause mental retardation, cerebral palsy, deafness, blindness and
death. The development of coal as a Twenty First Century energy
source has been limited by the mercury emissions problem. Solucorp
has an answer to that problem. Its patented technology eliminates
mercury flue gas emissions and, additionally, remediates the
resulting fly ash turning it into an additional source of revenue.
Globally, coal is more abundant than oil reserves. Solucorp�s
patented solution is the answer to countries worldwide in need of
reducing toxic mercury emissions from coal fired power plants.
Although coal is a vastly abundant energy source, its development
for the future has been limited by the problem of hazardous mercury
emission pollution. About Solucorp Industries Ltd. Solucorp
Industries, Ltd., (www.solucorpltd.com) is a developer and provider
of patented, cost effective and permanent technologies for the
remediation and prevention of hazardous heavy metal contamination.
Solucorp Industries, Ltd., operates three wholly owned
subsidiaries: Solucorp Industries, Integrated Fixation System
Company Inc., and WITS, Inc. The success of the IFS technology
product line has led to the issuance of 2 patents and the filing of
several other patent applications. The MBS technology is currently
being used to successfully remediate hazardous heavy metal
contaminated soils in Ravenna, Italy. 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. Solucorp
Industries, Ltd. (OTC: SLUP) announced today that Gary M. Petersen,
one of the Nation's leading conservationists and U.S. recycling
pioneer, and his business partner, Robert H. Sulnick, co-founder of
American Oceans campaign (with Ted Danson), have been signed as
consultants to Solucorp to spearhead the introduction and
commercialization of the Company's Integrated Fixation System (IFS)
and Molecular Bonding System (MBS(R)) patented proprietary
technologies. The initial focus will be on IFS, a first-of-its-kind
heavy metals remediation solution which removes mercury from coal
fired power plant emissions. Petersen, as a Waste Management Vice
President and Director of Environment Affairs for Recycle America
was instrumental in the company becoming the largest recycler in
the U.S. Having been involved in the greening of the White House,
Petersen is a recognized expert in environmental sustainability.
Petersen and Sulnick offer a wealth of environmental expertise and
experience to the Solucorp team. The pair brings a twenty-year
track record of championing many important environmental issues as
well as shepherding anti-pollution and energy conservation
technologies to the marketplace. Their client list has included:
British Petroleum (solar energy, ARCO-BP (low-sulfur diesel), the
Western States Petroleum Association (recycled motor oil, low
sulfur-diesel), Intergen (sustainable development, energy
conversation), Toyota (recycling), OsmoTech and the Army Corps of
Engineers (electric pulse technology capable of solving mold and
water intrusion problems in-grade and below-grade structures),
Earth Shell (biodegradable alternative to plastic and polystyrene
packaging), and such developers as Playa Vista and Hearthside Homes
(base energy model, alternative energy, indoor air quality,
building materials, water conservation, recycling). "When I was
introduced to Solucorp's unique technology," Petersen said, "I
immediately understood and appreciated what an important
contribution it could make to our efforts to clean up our
environment - and I knew I wanted to be involved in a meaningful
way. I believe that Solucorp's breakthrough technology will be
embraced as a long-sought-after solution to clean up the heavy
metals contamination of our planet," said Petersen. "Mercury is a
dangerous toxic pollutant that accumulates in the food chain," said
Sulnick. "Until recently it was thought that mercury poisoning was
confined to fetuses and the young. Recent studies however, identify
mercury as a much more destructive toxin than previously thought.
Studies show that, at medium exposures it harms adults as well as
children." Noel E. Spindler, President of IFS, a Solucorp
subsidiary, noted that, "We are confident that Gary's and Bob's
superior credentials coupled with the great respect they command in
the industry will open significant doors for us as we actively
begin to introduce our remediation systems." Petersen and Sulnick
are the latest high-profile environmentalists to align with
Solucorp in backing the Company's efforts to help clean planet
earth. Earlier this week, Solucorp announced that Gary Smith,
legendary Hollywood producer, will work hand-in-hand with James
Brolin, the famed actor and husband of Barbra Streisand, to produce
a video news release with plans to secure cameos from top
celebrities and notables to highlight Solucorp's coal treatment
technology. As previously announced, Solucorp (www.solucorpltd.com)
is presently integrating its IFS mercury emissions control
technology into a working coal-fired energy plant at a major global
power generation company, taking this most crucial step to
demonstrate a solution to the world's mercury emissions dilemma. By
the end of this year, Solucorp plans to make the technology
accessible to the worldwide energy industry. Mercury is a highly
persistent, toxic pollutant that accumulates in the food chain.
Fetuses, infants and young children are most at risk for mercury
damage to their nervous systems. At high concentrations, it can
cause mental retardation, cerebral palsy, deafness, blindness and
death. The development of coal as a Twenty First Century energy
source has been limited by the mercury emissions problem. Solucorp
has an answer to that problem. Its patented technology eliminates
mercury flue gas emissions and, additionally, remediates the
resulting fly ash turning it into an additional source of revenue.
Globally, coal is more abundant than oil reserves. Solucorp's
patented solution is the answer to countries worldwide in need of
reducing toxic mercury emissions from coal fired power plants.
Although coal is a vastly abundant energy source, its development
for the future has been limited by the problem of hazardous mercury
emission pollution. About Solucorp Industries Ltd. Solucorp
Industries, Ltd., (www.solucorpltd.com) is a developer and provider
of patented, cost effective and permanent technologies for the
remediation and prevention of hazardous heavy metal contamination.
Solucorp Industries, Ltd., operates three wholly owned
subsidiaries: Solucorp Industries, Integrated Fixation System
Company Inc., and WITS, Inc. The success of the IFS technology
product line has led to the issuance of 2 patents and the filing of
several other patent applications. The MBS technology is currently
being used to successfully remediate hazardous heavy metal
contaminated soils in Ravenna, Italy. 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.
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