BLOOMFIELD, N.M.--(BUSINESS WIRE)--April 3, 2000--Industrial
Ecosystems Inc. (the "Company")(OTC BB:IECS.O) announces that its
Pt. Molate Naval Fuel Depot project's goal has been achieved for the
lower hydrocarbon chains C10 - C36 for the nine-month period ending
March 17, 2000.
The remediation goal for the heavy-weathered Bunker C chain levels
(above 36) has not yet been reached, although such levels have been
reduced 88% to 5800 PPM (parts per million) from 47,000 PPM. The
remediation goal of heavy-weathered Bunker C chain levels to 1,000 PPM
has been slowed because of unusually wet and cold weather conditions
in the Bay Area this winter.
Within the last few weeks, the soil temperature of the pile is
again reaching remediation levels, and we expect the goal to be
achieved over the next one or two sampling periods. The Navy, BADCAT,
and other sponsors of the demonstration have extended the project
based on the significant reductions in the Bunker C levels in such a
short period of time, despite the poor weather conditions.
This project demonstrates a low cost and environmentally friendly
process to cleaning up closed military bases polluted with Hydrocarbon
Contamination. This achievement is significant given the passive (and
therefore economical) nature of the M.O.E. (Microbial Oil Eater)
process.
IEI President Tom Jarnagin states, "With the weather conditions
becoming more favorable and the noticeable increase in the soil
temperature of the pile, I am optimistic that the Total Petroleum
Hydrocarbon levels will continue to show a further reduction and meet
our original goals."
The Company's demonstration project at Pt. Molate represents a low
cost environmentally friendly method to Petroleum Hydrocarbon cleanup
which may be considered for remediation work at closed military bases.
The Company's M.O.E. (microbial oil eater) process has remediated over
500 sites in New Mexico at oil and gas sites which indicates the
consistency and reliability ofthe process.
Industrial Ecosystems Inc. provides cleanup, remediation and
reclamation of hydrocarbon-contaminated soil using a proprietary
microbial process. For additional information on IEI, visit the
company Website: industrialecosystems.com.
Certain matters discussed in this news release are forward-looking
statements that are subject to certain risks and uncertainties that
could cause actual results to differ materially from those set forth
in the forward-looking statements. These factors include: failure to
realize anticipated revenue enhancements and cost savings, the
company's relationship and contractual arrangements with key
customers, the risks related to pending legal proceedings,
cancellation or reduction of orders, customer acceptance of the
company's product, competitive product and pricing, economic
conditions, and other risks and uncertainties detailed from time to
time in IEI's Security and Exchange Commission filings.
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CONTACT: Industrial Ecosystems Inc.
Tom Jarnagin, 505/327-5570 (President)
tom@industrialecosystems.com
Joe Knox, 505/327-5570 (VP Sales and Marketing)
joe@industrialecosystems.com
industrialecosystems.com
KEYWORD: NEW MEXICO
INDUSTRY KEYWORD: CHEMICALS/PLASTICS ENVIRONMENT PRODUCT
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