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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: Brandon Buttons who wrote (6218)10/19/2000 11:48:00 AM
From: CAYMAN  Read Replies (1) of 6467
 
Dear René,

Maybe you should review the following...

My warmest thoughts are with you…

Sincere Regards,

Cayman

International Bio-Recovery Corp - News Release

Int'l Bio-Recovery Recognized In Massachusetts

International Bio-Recovery Corp IBR

Shares issued 14,287,511

2000-10-18 close $3.3

Thursday Oct 19 2000 News Release

Mr. Ben Van Dyk Reports:

International Bio-Recovery has achieved a major milestone in gaining acceptance of its technology in the United States of America.

An independent agency in the Commonwealth of Massachusetts has recently illustrated the effectiveness and commercial potential of the International Bio-Recovery technology in an extensive environmental report prepared by the Strategic Envirotechnology Partnership.

The STEP report entitled Fertilizer Manufacturing Through Enhanced Autothermal Thermophilic Aerobic Digestion provides a thorough 42-page evaluation of the IBR technology and the issues related to the environmental benefits and commercial viability of the technology in Massachusetts.

The STEP report is intended to assist envirotechnology users (municipalities) and developers in making informed decisions about the IBR technology.

The report offers an independent unbiased assessment of the technology's performance and confirms that the IBR enhanced ATAD technology is successful in manufacturing organic fertilizer from food scraps and comments favourably on the economic viability of the technology in the Commonwealth of Massachusetts.

STEP is an innovative program begun in 1994, to launch Massachusetts as a national leader in promoting the growth of new environmental and energy efficient technologies.

Established by the Commonwealth of Massachusetts, and utilizing the resources of its partners, the University of Massachusetts, the Executive Office of Environmental Affairs and the Executive Office of Economic Affairs, STEP has successfully assisted over 120 companies to advance their technologies in the U.S. marketplace.

In recent years, other states have come to recognize the value of in-depth analysis and the need to avoid redundant studies.

A memorandum of understanding was established between the following states: New Jersey, California, Illinois, Massachusetts, New York and Pennsylvania.

These MOU states share common interstate standards for review, approval and permitting of new environmental technologies allowing for reciprocity with minimal auditing and without duplication of technology demonstrations, evaluations, verifications or certifications.

Many governments and municipalities throughout North America rely on reports from STEP as a reference in assessing various environmental technologies and their commercial viability.

STEP can provide news of successful envirotechnologies to assist companies in reaching domestic U.S. and international markets.

An application for an environmental permit has been made to proceed with plans for construction of an organic fertilizer manufacturing facility in Uxbridge, Mass., using the IBR technology.

"IBR is currently evaluating opportunities for its technology in several areas of the United States and this report will heighten IBR's profile as a serious environmental solution," stated Ben Van Dyk, president of IBR.

The STEP endorsement is key to obtaining expedited environmental permitting in many jurisdictions throughout the U.S.

The executive office of Environmental Affairs for the Commonwealth of Massachusetts reports that the STEP's report provides, "Good news for Massachusetts's communities seeking better, faster, cheaper environmental protection."

The STEP Report analyzes the underlying need for environmental solutions for the safe and effective disposal of organic waste. It reviews the various alternative solutions available to municipalities and concludes that, "...innovations which promote faster, more efficient, and less costly crop production while currently reducing nutrient run-off and soil erosion are poised to make significant contributions to emerging practices of sustainable farming."

More municipalities are looking for solutions to deal with the mounting crisis surrounding the disposal of organic waste. The pollution and health hazards associated with the disposal of agricultural wastes (manures) and undigested organic materials are well documented and have been realized in many agricultural areas of the U.S. and around the globe evidenced by the extensive damage to aquifers, waterways, lakes and oceans.

The IBR process is unique due to the fact that in solving the environmental problems associated with organic waste, the technology creates a valuable organic fertilizer and a range of microbial products that are used to enhance soil biology for advanced commercial agricultural practices.

IBR's innovative approach in handling and biodegrading organic material brings a new concept to organic fertilizer.

IBR has strict quality control practices and provides 100-per-cent consistent fertilizer. Applying biotechnology and fermentation engineering principles and providing the right media for growth of naturally occurring thermophilic bacteria, IBR is able to produce uniformly digested material that is free of pathogens and inorganic contaminants.
IBR products have no pathogens, and are well below the limits for heavy metals, and vector attraction set by the Canadian Standards and the Environmental Protection Agency (EPA) Standards for bagged fertilizer.

Stabilization of process allows for customizing organic and organic-based fertilizer for a wide variety of commercial and retail applications. Stabilization of both solid and liquid fertilizers enables IBR to serve the market 365 days a year.

For a copy of the STEP report, please contact International Bio-Recovery.

(c) Copyright 2000 Canjex Publishing Ltd.

canada-stockwatch.com
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