Solucorp Industries Ltd. (OTC: SLUP) announced that its patented Integrated Fixation System, IFS-2C Mercury Emission Control Technology marketed under the trade name MetalliFix by Charlotte, NC�based CoaLogix, has been successfully demonstrated at two coal fired power plants using wet flue gas desulfurization (FGD) systems. The demonstrations targeted the IFS-2C�s ability to: Reduce ionic mercury from flue gas emissions. Reduce elemental mercury flue gas emissions while minimizing re-emission of Hg0 mercury. Integrate the Solucorp Mercury Emission Control system into a working energy plant without interruption of its energy production capabilities. Solucorp was successful in meeting all of the above targets by reducing almost all ionic mercury emissions, reducing elemental mercury to targeted levels while proving the IFS-2C�s ability to integrate into the power plant�s wet scrubber systems without causing interruption of the plant�s energy production capabilities. The IFS-2C technology also remediates mixed heavy metal contaminants, including elemental mercury, contained within the wastewater and fly ash residue providing a potential significant cost savings to the power plants. In January 2006 at the 9th Annual Electric Utilities Environmental Conference, the U.S. Environmental Protection Agency (EPA, http://www.epa.gov/airmarkets/mp) projected annual cost for compliance with the Clean Power Act (S150) was $41.1 Billion including mercury emissions control. Stringent environment regulations, increasing energy demand, rising fuel prices, and unstable foreign providers have brought coal to the forefront as a viable energy solution due to the abundant domestic and worldwide coal supply. Solucorp�s IFS-2C has successfully demonstrated its ability to significantly reduce and/or eliminate the related harmful mercury emissions associated with coal-burning energy plants, opening the door for the transition back to coal as a cleaner primary energy source. Noel E. Spindler, President of Solucorp�s IFS subsidiary, said that, �We were able to successfully integrate our technology into both of the existing facilities without interrupting their on-going plant operations. With continued successful demonstrations, increasing interest by the coal burning power generating industry, and the marketing, sales and implementation expertise of CoaLogix, we believe that the first commercial sale of the MetalliFix (IFS-2C) product is imminent.� 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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