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Technology Stocks : Solucorp Industries (SLUP - OTCBB)

SLUP 0.00001000

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Dec 26 9:30 AM EST

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To: robert a belfer who wrote (13)	10/11/1997 12:17:00 AM
From: robert a belfer	of 3679

WEST NYACK, N.Y.--(BUSINESS WIRE)--Oct. 10, 1997--Solucorp Industries Ltd. "The Company" (OTCBB: SLUP) today announced that, in a rare decision reversal, the U.S. Environmental Protection Agency elected to negate its previous "Record of Decision" to use cement based solidification technology to remediate the highly publicized 2 million ton Midvale Slag Superfund Site in Utah, USA. As a consequence, the MBS stabilization soil process can now be used in the Midvale site. The reversal decision is attributed to the successful "on-site" demonstration of Solucorp's revolutionary MBS(R) stabilization soil process which offers a permanent solution to hazardous metals "Clean-Up" at a price competitive to the previously unchallenged low-cost, solidification processes such as cement. This "Record of Decision" paves the way for redevelopment of the site for commercial and civic use. Solucorp is currently in negotiations for a contract to remediate the Midvale site.

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