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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 subject1/29/2001 1:14:52 PM
From: Steve Stakiw  Read Replies (1) of 527
 
USFilter & SVSY Announce Exclusive Marketing Alliance

USFilter
and
Service Systems International Ltd.

January 29, 2001
FOR IMMEDIATE RELEASE

USFilter & Service Systems International Announce Exclusive Marketing Alliance For Ultraviolet Disinfection Technology

PALM DESERT, Calif., & VANCOUVER, B.C. Jan. 29, 2001 -- USFilter and Service Systems International (OTCBB:SVSY)
have signed a definitive agreement to launch a strategic alliance to market Service Systems' ultraviolet disinfection technology for water and wastewater applications.

Since October 2000, both companies have participated in Ultra Guard® UV product information exchange and training. USFilter's Wallace & Tiernan Products, Vineland, N.J., is now advancing its distribution network, as well as promoting and selling the UV technology. A newly created position of product manager of UV technologies will manage USFilter's UV product and technical support team.

Ron Casatelli, vice president and general manager of USFilter's Wallace & Tiernan Products said, "We've received favorable customer interest in the Ultra Guard® advanced ultraviolet disinfection technology due to the product's performance results, lower operating costs and modular installation."

"The Ultra Guard® UV technology is expected to gain rapid acceptance as we demonstrate, promote and offer its differentiated capabilities through our sales channels. We are excited about the alliance and the addition of UV technology to our range of cost-effective disinfection solutions," added Casatelli.

Ken Fielding, president and CEO of Service Systems said, "Our company will enjoy the benefits of working with the largest company in the water industry and is now positioned to become a significant supplier of ultraviolet products to a market with increasing demand. The alliance provides for Service Systems to manufacture Ultra Guard® products at its new plant in Coquitlam, British Columbia and USFilter will handle the commercial side, including sales and marketing responsibilities and customer interface."

Peter Colak, Service Systems vice president of marketing and sales said, "The strategic alliance will permit us to build onto our achievements, which include world scale projects such as the city of Toronto (combined sewer overflow) and city of Peterborough, Ontario. These systems, valued at over $2.3 million, were awarded on the merits of our technology. The projects currently being built will provide a platform for our success enabling USFilter to immediately begin selling Ultra Guard® products within the Americas."

As the leading supplier of chemical-feed equipment used in the treatment and disinfection of potable water and wastewater, USFilter's Wallace & Tiernan Products group designs and manufactures the most comprehensive line of disinfection/chlorination equipment available, as well as analytical instrumentation and controls, chemical-metering pumps, dry feeders, flowmeters and systems.

USFilter, a Vivendi Water company, is the leading global provider of commercial, industrial, municipal and residential water and wastewater treatment systems, products and services, with operations in more than 100 countries. USFilter, which is based in Palm Desert, Calif. invites you to visit its web sites at usfilter.com and wallaceandtiernan.usfilter.com

Service Systems International (SVSY), based in Burnaby, BC, Canada, manufactures and markets a comprehensive range of water and wastewater disinfection systems using its patented Ultra Guard® technology. Service Systems invites you to visit is web site at servicesystems.com

Important Disclaimer. This document contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: acquisition related risks, inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; inability to establish and maintain relationships with commerce, advertising, marketing, technology, and content providers. Investors and security holders are urged to read Vivendi's Registration Statement on Amendment No. 1 to Form 20-F, the Vivendi Universal joint proxy statement/prospectus and other documents filed by Vivendi with the U.S. Securities and Exchange Commission at the Commission's web site at www.sec.gov. These documents may also be obtained for free from Vivendi.

Contact:
Richard Roy or Steve Stakiw
Investor Relations - Service Systems International, Ltd.
Phone: 1-888-516-7766 (tollfree)
Email: shareinfo@servicesystems.com

David Bowes- Britton Capital Corporation
Phone: 1-800-877-1626 (tollfree)
Email: dave@brittoncapital.com

Karole Colangelo
USFilter
1501 E. Woodfield Road, Ste 200 West
Schaumburg, IL 60173
Tel: (847) 706-6947
Fax: (847) 706-6933
E-mail: colangek@usfilter.com
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