Solucorp Retains OTC Financial Network to Direct Targeted Investor Relations Program
April 08 2004 - 1:20PM
PR Newswire (US)
Solucorp Retains OTC Financial Network to Direct Targeted Investor
Relations Program WEST NYACK, N.Y., April 8 /PRNewswire-FirstCall/
-- Solucorp Industries Ltd. , a provider of advanced technology
solutions to the remediation and environmental industries
worldwide, announced today that it has retained OTC Financial
Network, a division of National Financial Communications Corp., to
direct a targeted investor relations program. Solucorp's patented
remediation technology, the Molecular Bonding System (MBS(R)), has
successfully completed the U.S. Environmental Protection Agency's
(EPA) Superfund Innovative Technology Evaluation (SITE) Program.
The EPA's Superfund Program was created to address the health and
environmental threats posed by hazardous waste sites. The MBS
technology allows customers to save millions in clean up costs by
remediating the soil and returning it to non-hazardous status, for
beneficial reuse on-site or disposal at a non- hazardous Subtitle D
landfill. MBS is currently being used in the northeastern states of
Massachusetts and at a Brownfield redevelopment site in Rhode
Island. Geoffrey Eiten, president of National Financial
Communications Corp. stated, "MBS permanently prevents and solves
the pollution of heavy metals, which represents more than 50% of
the hazardous wastes that threaten our global landscape. Solucorp
is now pursuing global expansion in the worldwide remediation
market." Eiten continued, "Solucorp has expanded MBS into a new
commercial application, Integrated Fixation System (IFS). IFS marks
a breakthrough technology development in the emerging field of
pollution prevention at its manufacturing source. Along with new,
global expansion for its heavy metal remediation solutions, IFS
creates additional, near-term growth opportunities for Solucorp to
build a revenue base and enhance shareholder value." A Solucorp
official, stated, "We have retained the investor relations services
of OTC Financial Network based on their expertise in the stock
market. With these exciting corporate developments taking place, we
look forward to launching a targeted investor awareness program.
OTC Financial Network will work closely with us in implementing a
strategy that further builds ourshareholder value, including
assisting us in our plan to move to a larger stock exchange." About
OTC Financial Network OTC Financial Network, a division of National
Financial Communications Corp. (http://www.nationalfc.com/) based
in Needham, Massachusetts, is a full-service financial
communications and investor relations firm that specializes in
micro-cap companies. The Company's proactive campaigns are custom
designed to strengthen each client's presence in the investment
community by disseminating breaking news and fundamental positions
to spheres of influence; building upon the client's existing
shareholder base; and soliciting institutional coverage. For more
information, visit http://www.otcfn.com/. About Solucorp Industries
Ltd. SOLUCORP is one of the environmental industry's innovative
developers of superior metals remediation technologies. The Company
develops innovative technologies for the treatment and prevention
of hazardous heavy metals contaminated waste streams. Solucorp owns
two patents and has several pending. The effectiveness of the
Company's patented Molecular Bonding System (MBS(R)) is
acknowledged by its successful completion of the U.S. EPA's
Superfund Innovative Technology Evaluation (SITE) Program. MBS has
proven to cost effectively and permanently remediate heavy metals
contamination in soils and industrial wastes. MBS is being used
internationally and in the Company's preventative technology IFS
(Integrated Fixation System). IFS delivers consumer productsafety
systems to manufacturing institutions. IFS can be applied to a
multitude of hazardous pollutant sources that render them
insoluble, and hence, non-hazardous, at the end of a product's life
cycle. Consumer products targeted for IFS include auto and
household batteries, mercury switches, paint removers, ammunitions,
electronic circuit boards and air emission and paint booth filters.
For additional company information, visit:
http://www.solucorpltd.com/. Investors should visit:
http://www.otcfn.com/slup. OTC Financial Network serves as special
advisor to Solucorp and has received fees for services. This is not
an offer to buy or sell securities. Information or opinions in this
release are presented solely for informative purposes, and arenot
intended nor should they be construed, as investment advice.
Readers are encouraged to view full disclaimer information at
http://www.otcfn.com/slup. 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. Solucorp settled a
civil action by the SEC the details of which can be found on the
SEC website, as such investors are cautioned to perform a proper
due diligence and consult licensed professionals. For more
information, contact: At the Company: At OTC Financial Network:
Brian Binckes Geoffrey Eiten 913-685-4530 781-444-6100 x613 or
DATASOURCE: Solucorp Industries Ltd. CONTACT: Brian Binckes of
Solucorp Industries Ltd., +1-913-685-4530;or Geoffrey Eiten OTC
Financial Network, +1-781-444-6100 ext. 613, Web site:
http://www.solucorpltd.com/
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