Solucorp Unveils Pollution Preventing, Self-Remediating Ni-Cd Battery to International Markets
20 October 2006 - 3:14AM
Business Wire
Solucorp Industries, Ltd. (OTC:SLUP) announced that research and
development, conducted through independent laboratories and by the
Company�s Integrated Fixation System Company, Inc. (IFS)
subsidiary, has resulted in the first self-remediating Ni-Cd
battery. In development since 1995, the new battery neutralizes
hazardous nickel and cadmium within the battery�s casing,
eliminating the possibility of any heavy metals pollution upon
disposal after use. Ni-Cd batteries contain Nickel and Cadmium,
which are both toxic heavy metals regulated by the EPA under the
Universal Treatment Standards (UTS). The UTS regulations have set
the guidelines for determining whether or not these metals are
hazardous. In the U.S., a portion of the price of a Ni-Cd battery
is the fee included for its proper disposal at the end of its life
cycle. The IFS technology, which utilizes the Company�s patented
proprietary Molecular Bonding System (MBS�) technology, is
integrated into the manufacture of the Ni-Cd battery so that the
toxic metal paste cannot migrate out of the battery -- either
during or after its useful life. IFS remains in a dormant state
inside of the battery and only reacts upon contact with the metal
contaminants. The technology does not impact the life cycle of the
battery nor its performance. Whether the Ni-Cd battery is disposed
of in a proper or improper manner, the IFS technology contained
within the battery will act as a permanent solution preventing
toxic metals migration into the environment. The cost-effective
technology will also have no impact in the ability of the battery
cells to be recycled. Ni-Cd batteries are used in portable consumer
electronics such as power tools, cell phones, and toys. They were
developed as an alternative to lead acid batteries because they are
more physically and chemically robust. As of 2000, 1.5 billion
nickel cadmium batteries were produced annually. Ni-Cd batteries
require less care than traditional batteries and are difficult to
damage. They usually last longer and can be charged or discharged
at a faster rate. In the European Union, the Restriction of
Hazardous Substances Directive (RoHS) bans the use of cadmium in
electrical and electronic equipment after July 2006 because of
toxicity issues. In addition, there are sites contaminated with
nickel and cadmium because of the illegal disposal of these
batteries. European regulations now prevent the disposal of
hazardous materials in landfills -- impeding future sales of items
containing Ni-Cd batteries. This will dramatically affect both
battery and portable electronic manufacturers� future revenues.
This presents an opportunity for Solucorp to integrate its
technology into the manufacturing process of existing battery
manufacturers throughout the world. �The thought of
self-remediating non-polluting batteries was once a figment of the
imagination and a dream of environmentalists. It is now a reality.
This is just one of many revolutionary items Solucorp is prepared
to offer for commercialization and sales throughout the world,�
states Richard A. Runco, President of Solucorp Industries, Ltd.
Solucorp�s batteries will be manufactured in China. Solucorp is
actively seeking manufacturers, licenses, and distributors for the
battery within the U.S., Europe and worldwide. 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
metals 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 dealing 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 that research and
development, conducted through independent laboratories and by the
Company's Integrated Fixation System Company, Inc. (IFS)
subsidiary, has resulted in the first self-remediating Ni-Cd
battery. In development since 1995, the new battery neutralizes
hazardous nickel and cadmium within the battery's casing,
eliminating the possibility of any heavy metals pollution upon
disposal after use. Ni-Cd batteries contain Nickel and Cadmium,
which are both toxic heavy metals regulated by the EPA under the
Universal Treatment Standards (UTS). The UTS regulations have set
the guidelines for determining whether or not these metals are
hazardous. In the U.S., a portion of the price of a Ni-Cd battery
is the fee included for its proper disposal at the end of its life
cycle. The IFS technology, which utilizes the Company's patented
proprietary Molecular Bonding System (MBS(R)) technology, is
integrated into the manufacture of the Ni-Cd battery so that the
toxic metal paste cannot migrate out of the battery -- either
during or after its useful life. IFS remains in a dormant state
inside of the battery and only reacts upon contact with the metal
contaminants. The technology does not impact the life cycle of the
battery nor its performance. Whether the Ni-Cd battery is disposed
of in a proper or improper manner, the IFS technology contained
within the battery will act as a permanent solution preventing
toxic metals migration into the environment. The cost-effective
technology will also have no impact in the ability of the battery
cells to be recycled. Ni-Cd batteries are used in portable consumer
electronics such as power tools, cell phones, and toys. They were
developed as an alternative to lead acid batteries because they are
more physically and chemically robust. As of 2000, 1.5 billion
nickel cadmium batteries were produced annually. Ni-Cd batteries
require less care than traditional batteries and are difficult to
damage. They usually last longer and can be charged or discharged
at a faster rate. In the European Union, the Restriction of
Hazardous Substances Directive (RoHS) bans the use of cadmium in
electrical and electronic equipment after July 2006 because of
toxicity issues. In addition, there are sites contaminated with
nickel and cadmium because of the illegal disposal of these
batteries. European regulations now prevent the disposal of
hazardous materials in landfills -- impeding future sales of items
containing Ni-Cd batteries. This will dramatically affect both
battery and portable electronic manufacturers' future revenues.
This presents an opportunity for Solucorp to integrate its
technology into the manufacturing process of existing battery
manufacturers throughout the world. "The thought of
self-remediating non-polluting batteries was once a figment of the
imagination and a dream of environmentalists. It is now a reality.
This is just one of many revolutionary items Solucorp is prepared
to offer for commercialization and sales throughout the world,"
states Richard A. Runco, President of Solucorp Industries, Ltd.
Solucorp's batteries will be manufactured in China. Solucorp is
actively seeking manufacturers, licenses, and distributors for the
battery within the U.S., Europe and worldwide. 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
metals 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 dealing 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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