Solucorp Industries (OTC: SLUP) today announced that its IFS-2C mercury emission control technology was successfully demonstrated at Michigan South Central Power Agency�s Endicott Station coal-fired energy plant near Litchfield, Mich. The demonstration was performed under the terms of a Memorandum of Agreement (�MOA�) between Solucorp Industries Ltd. and Babcock & Wilcox Power Generation Group, Inc. (�B&W PGG�). B&W PGG will continue to assist Solucorp with engineering, laboratory research and field-testing of this technology and expects to complete additional demonstrations at larger coal-fired plants. Noel Spindler, President of Solucorp�s wholly owned subsidiary, Integrated Fixation System Company, stated, �Mercury emission are a major issue facing today�s power industry. New, stringent discharge regulations are leading operators of coal-fired power plants to search for cost effective and permanent solutions to address these emissions, and we believe our IFS technology will meet their needs.� �This demonstration marks the next major step toward Solucorp�s goal of commercializing its IFS mercury emission control technology in the worldwide mercury emissions control market,� he continued. �We have great confidence in the capabilities of our technology and look forward to our continued work with Babcock & Wilcox to commercialize the use of our technology in coal-fired furnace applications all over the world.� About Solucorp Industries Ltd. Solucorp Industries Ltd., www.solucorpltd.com is a provider and developer of cost effective and permanent technologies for the remediation and prevention of hazardous heavy metal contamination. Solucorp is the owner of several patents and numerous additional patents that are pending. Solucorp Industries Ltd. has three wholly owned subsidiaries: Solucorp Industries, Integrated Fixation System Company, Inc., and WITS, Inc. Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) is a major operating unit of The Babcock & Wilcox Company, a wholly owned subsidiary of McDermott International, Inc. B&W PGG is a world leader in the power generation industry and designs, engineers, manufactures, services and constructs steam generating and environmental equipment for utilities and industries worldwide. It is located on the internet at www.babcock.com. 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 (CE) (USOTC:SLUP)
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