Solucorp Industries (OTC: SLUP) announced that its IFS-2C mercury emission control technology is scheduled to be demonstrated in March at a mega coal fired energy plant on a large coal fired boiler burning bituminous coal. The energy company has accepted a proposal from Environmental Energy Services, Inc. (EES�), a licensee of Solucorp, to demonstrate the technology in a wet FGD system and issued a purchase order on January 11, 2008 for the IFS-2C process. The scope of work will be completed over several phases in harmony with plant operations with the demonstration expected to be completed in April 2008. The initial site walkthrough was completed by Solucorp on January 21, 2008. Solucorp�s patent pending IFS-2C mercury emission control technology has already been successfully demonstrated in a live coal fired furnace facility in Litchfield, Michigan, as announced on January 23, 2008 The technology is unique in its� ability to remediate mixed heavy metal contaminants, including elemental mercury, contained within the wastewater and fly ash residue. Solucorp�s IFS-2C technology reduces inlet vapor-phase Hg0 (elemental mercury) while preventing mercury re-emissions and preserving gypsum purity. �We believe that more coal fired energy companies are taking a proactive approach toward correcting the mercury emission control problem facing coal-energy providers today as they begin to deal with new stringent clean air requirements,� noted Noel E. Spindler, President of Solucorp�s IFS subsidiary. �This demonstration sets the stage for commercialization of the IFS-2C technology for use in coal burning power plants.� Headquartered in Sandy Hook, Connecticut, Environmental Energy Services, Inc. (EES) is Solucorp�s North American marketing arm for its IFS-2C mercury remediation technology in the expansive U.S. coal-burning utility market. EES is deploying its national sales network to actively promote IFS-2C to regions requiring efficient solutions to mercury emissions concerns. Given the market dynamics around the IFS-2C technology, EES anticipates securing several more purchase orders for full-scale demonstrations, with the primary goal of generating revenues from sale of the IFS-2C chemical reagent in 2008. Mark Pastore, VP Technical Development for EES, commented, �EES is very excited about working closely with Solucorp on this upcoming project to meet or exceed the facility�s objectives. A successful demonstration will not only elevate the Solucorp IFS-2C platform, but will enable EES to provide our coal customers with a successfully proven innovative mercury control technology.� Solucorp has recently added two consultants to its� staff in anticipation of the transition from research and development to commercialization of its IFS-2C technology. John F. Oakley, chemical engineer, is a profit and action oriented General Manager with 30 years of accomplishments in the chemical and related industries with a diverse functional background in sales, marketing, operations and R&D. Oakley�s strength is in planning and business development and his focus will be on the continued introduction and development of the IFS-2C technology to the energy industry. Jeff Cohen, Ph.D chemical engineer, performs consulting services in business development, commercialization of new products / technology and process development. Cohen is the holder of numerous patents and also has hands on experience in business development, process engineering, and chemistry. About Environmental Energy Services, Inc. EES www.eescorp.com is a leading provider of fuel treatment programs for utility companies in the United States, Mexico, and several other countries. EES is committed to defining and advancing fuel treatment technologies, and to the introduction of new products and systems which are increasingly more efficient, cost effective, and responsive to utility and industry needs. About Solucorp Industries Ltd. Solucorp Industries Ltd., www.solucorpltd.com is a developer and provider of cost effective, permanent technologies for the remediation and prevention of hazardous heavy metal (including lead, mercury, arsenic, chromium, copper, zinc, nickel, selenium and cadmium) 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. The foregoing discussion contains forward-looking statements, which are based on current expectations. Actual results, including the outcome of demonstration results, 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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