MDEChem Inc. Announces Initial Order From Texas Parks & Wildlife and General Land Office
HOUSTON--(BUSINESS WIRE)--Dec. 15, 1999--MDEChem Inc. (OTCBB:MCMH - news), through its national sales manager, Sammy Noland, announced today that it has received the first of many expected orders from the Texas Department of Parks and Wildlife and General Land Office for its patented Blue Marble two-cycle engine oil. The order is for 1000 gallons of oil that will be used in 200 of the department's boats in its fleet. This is an initial order and more are expected to follow in compliance with the Federal Pollution Water Control Act for ''No Sheen'' on the water.
Blue Marble two-cycle engine oil is an inherently biodegradable product that is blended from highly refined, white mineral oil (baby oil), incorporating the advanced ash-less, anti-wear additive formula and MDEChem's patented Phosfamid(TM) technology. Traditional two-cycle engines, particularly used in small boats, use a gasoline/oil mixture whereby much of the unburned oil ends up in our lakes and streams, polluting them. Such pollution is spurring various forms of legislation banning the use of two-cycle engines in various States and mandating that manufacturers of such engines make modifications in compliance with new emission standards. Since MDEChem's Blue Marble oil is environmentally friendly, it has been very well-received by regulatory agencies and engine manufacturers worldwide.
Lastly, the company is in the process of compiling information for its filing of Form 10SB to the Securities and Exchange Commission, thus becoming a reporting company. It is anticipated that the audit for fiscal 1999 will be done shortly after year's end, whereby the company can then file all necessary papers to the SEC. For more information on MDEChem Inc., or Blue Marble two-cycle oil, contact Investor Relations at: 713/334-7882.
This release contains forward-looking statements with respect to the results of operations and business of MDEChem Inc. which involves risks and uncertainties. The Company's actual future results could materially differ from those discussed. Risks and uncertainties of the Company will be detailed from time to time in the Company's periodic reports. The company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward looking statements be subject to the ''safe harbors'' provision of the Private Securities Litigation Reform Act of 1995.
Contact:
MDEChem Inc., Houston Sam Wernli, 713/334-7882 |