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Solucorp Announces Application For NASDAQ Listing
BusinessWire, Friday, April 24, 1998 at 08:21
WEST NYACK, N.Y.--(BUSINESS WIRE)--April 24, 1998--Solucorp
Industries Ltd. (OTCBB:SLUP) today announced that it filed an
application for listing its shares of common stock on the NASDAQ Small
Cap Market. Under NASDAQ's Marketplace Rules, the fact that the
company meets all numerical guidelines does not necessarily mean that
its application will be approved.
Peter Mantia, the company's president commented that, "We are
looking forward to completing the application process as soon as
possible and becoming a participant in this highly visible market."
Headquartered in West Nyack, with offices in Argentina, Canada,
China, Puerto Rico and the U.K., Solucorp Industries focuses on the
development and marketing of products which solve the needs of
environmental markets. The company's Molecular Bonding System has the
official status of a US EPA Superfund Innovative Technology, and is
acknowledged as a permanent and cost-efficient stabilization
technology for heavy metals in soils and industrial wastes.
The foregoing discussion contains forward-looking statements which
are based on current expectations. Actual results, including the
timing and amount of revenues recognized, contracts awarded and
performed and net income may differ due to such factors as: delays in
payment on contracts due to dealings with governmental and foreign
entities; fluctuations in operating costs associated with changes in
project specifications; economic and other conditions affecting the
ability of prospective clients to finance projects; and other risks
generally affecting the financing of projects.
CONTACT: Solucorp Industries Ltd., West Nyack
Brian Binckes, 1-888-SOLUCORP (1-888-765-8267)
or
Martin E. Janis & Company Inc., Chicago
Bev Jedynak, 312/943-1100
KEYWORD: NEW YORK
INDUSTRY KEYWORD: ENMED ENVIRONMENT
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Copyright 1998, Business Wire
Companies or Securities discussed in this article:
Symbol
Name
BB:SLUP
Solucorp Industries Ltd
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