Solucorp Industries, Ltd. Launches Investor Relations Campaign; Bibicoff & Associates to Manage Investor Communications Outreac
March 30 2006 - 8:05AM
Business Wire
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.
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