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Monday July 21, 11:17 am ET
Sustainable Power Corp. Delivers the First 7,000 Gallons of Biocrude to Its New Strategic Partner, Envirocompanies, Inc., for Blending and Processing; Production and Initial Sale a Significant Milestone for Sustainable Power Corp.
BAYTOWN, TX--(MARKET WIRE)--Jul 21, 2008 -- Sustainable Power Corp. (Other OTC:SSTP.PK - News) is pleased to announce today that it has delivered the first 7,000 gallons of biocrude to its new strategic partner, Envirocompanies, Inc., for blending and processing into BG100 biogas, jet fuel, gasoline, diesel and marine fuel.
This event signifies a major company milestone for Sustainable Power Corp. The delivery of the first 7,000 gallons marks the first official sale of SSTP's revolutionary biocrude. Sustainable Power and Envirocompanies are utilizing AmSpec Service, LLC to perform the quality control analysis.
John Rivera, CEO, stated: "We have recently completed several major key milestones on our path to reducing dependency on foreign petroleum. We are improving our process here in Texas every day. We are very pleased with the initial performance of our reactors and are extremely proud to announce the production, sale and delivery of our first 7,000 gallons of biocrude to Envirocompanies. We will be ramping up production over the coming weeks and will continue to update the public as we cross certain key milestones."
Robert Romero, President and CEO of Envirocompanies, Inc., stated, "Envirocompanies, Inc. is pleased to announce that through our Strategic Alliance with Sustainable Power Corp., we have received the first shipment of biocrude. This is a major step in our effort to introduce the product to the existing crude oil market place and aiding the energy industry in their quest to market products that are green and environmentally friendly. We are ecstatic about our alliance with Sustainable Power Corp. and being on the forefront of the revolutionary means to aid the energy industry in going green."
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