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Microcap & Penny Stocks : Service Systems International Ltd. (SVSY - OTC BB)

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To: Kit H. Lou who started this subject8/14/2000 9:30:59 AM
From: Steve Stakiw  Read Replies (1) of 527
 
Service Systems Announces Contract with Walker, Louisiana

Service Systems International Ltd.

Monday, August 14, 2000
FOR IMMEDIATE RELEASE
OTC/BB: SVSY

Service Systems International Announces Contract with Walker, Louisiana

VANCOUVER, British Columbia – Service Systems International (OTCBB: SVSY)
is pleased to announce a contract to provide the municipality of Walker, Louisiana with their patented ultraviolet (UV) wastewater disinfection system.

“The significance of this project goes beyond increasing revenues,” said VP-Sales and Marketing, Peter Z. Colak. “The coupling of this award with the world-scale project in Peterborough, Ontario clearly demonstrates the range of plant sizes in which our Ultra Guard(tm) technology can be effective. We continue to win bids across the spectrum of wastewater disinfection needs whether pitted against chemical or other UV disinfection options.”

Walker Mayor Mike Grimmer praised the Ultra Guard system saying, “Our new wastewater facility will be using a proven technology that will provide a much safer environment for our citizens. We are excited about this plant and we’re looking forward to a successful future working with Service Systems.”

SVSY will install a six-lamp system for the municipality in a project that will see the flow treated expand from 0.5 million gallons per day (MGD) to 3.75 MGD. It will be placed within existing plant structures formerly used for chemical disinfection. It will use a fraction of the lamps and produce an 88% energy savings over industry alternatives. SVSY’s Ultra Guard(tm) technology is acknowledged as the most advanced in the UV industry.

Walker’s switch to UV wastewater disinfection is just the most recent example of the trend to move from chemical treatment of wastewater and potable water to an environmentally friendly, safe and efficient UV alternative. It is expected that chlorination will be phased out and that UV will replace or supplement a majority of the existing chlorination systems.

About Service Systems: Service Systems International is a Vancouver-based UV water and wastewater treatment firm traded on the OTCBB under the symbol SVSY. Its patented Ultra Guard(tm) wastewater treatment system is seen as a significant advancement in the industry and has met one of the world’s strictest standards governing wastewater reuse (California, Title 22). Ultra Guard(tm) technology provides significant savings in installation, operation and maintenance over its competitors. SVSY actively markets its products in North America through a broad agent/sales rep network.

Forward Looking Statements: Certain of the foregoing information are forward-looking statements regarding future events or the future financial performance of the company and are subject to a number of risks and other factors, which could cause the actual results to differ materially from those contained in the forward-looking statements. Among such factors are: general business and economic conditions, customer acceptance of and demand for the Company’s products, the Company’s overall ability to design, test and introduce new and improved products on a timely basis, regulatory constraints, and the risk factors listed from time to time in documents filed by the company with the SEC.

Contact Investor Relations: 1-888-516-7766 or 1-800-542-8091
Email: shareinfo@servicesystems.com
www.servicesystems.com
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