FASC (First American Scientific Corp) Message Board

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Gold/Mining/Energy : FASC (First American Scientific Corp)

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To: Lee Bush who started this subject	4/2/2001 11:07:23 AM
From: dkgross	of 972

First American sells 2 KDS Micronex(TM) Systems to a Fraser Valley Waste Management consortium to convert chicken waste into energy for heating greenhouses. VANCOUVER, April 2 /PRNewswire/ - C.L. Kantonen, Chairman of FASC is pleased to announce that FASC has received a signed purchase agreement and deposit to supply two (2) KDS systems to be installed in the central Fraser Valley region of BC, Canada. A pilot plant, costing $ 1.2 million Cdn, will be constructed by B & B Poultry Waste Management Inc to process approximately 72 tons of chicken waste per day through the KDS machine converting it to a fine dry powder which will be fed into state-of-the-art powder burners. This will generate sufficient energy to heat approximately 64 acres of greenhouses at one half the cost of heating with natural gas. The facility is expected to commence operation before the end of June 2001. According to the group's spokesman, " we have access to enough chicken manure to provide heat and CO2 for 250 acres of greenhouses and estimate that potential fuel savings for the Fraser Valley region could be in excess of $ 14 million Cdn annually, about a 50% reduction in heating costs. The process also solves disposal and pollution problems caused by chicken waste accumulation." Additionally, the group has been granted the right to purchase an additional ten (10) KDS machines within one year at a 10% discount, and the exclusive right to service the Fraser Valley growing region with additional installations. In exchange, First American will be permitted to use the pilot facility to demonstrate the merits of the process to other potential purchasers who operate outside the region. Certain information and statements included in this release constitute forward looking statements within the meaning of Federal Private Securities Litigation Reform Act of 1995 ON BEHALF OF THE BOARD OF DIRECTORS C.L. Kantonen (Chairman and President) FASC: (NASD Bulletin Board) Web Site: www.fasc.net SOURCE First American Scientific Corp. -0- 04/02/2001 /CONTACT: Call Corporate Communications toll free at (877) 778-7101 or (FASC) -- TO168 -- 2337 04/02/2001 09:31 EDT prnewswire.com Copyright PR Newswire 2000. All rights reserved

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