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

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To: jmt who wrote (553)10/14/1998 1:50:00 PM
From: Ed Fishbaine  Read Replies (2) of 972
 
To all:

The following news release should be issued today . To my knowledge there is only one problem with the KDS in regard to rubber and that is controlling the heat generated. Whether or not the group in Ireland can solve this problem remains to be seen. My guess is that it can. The potential use of KDS machines to reduce rubber is enormous. Combine this with the demand for sludge processing and the demand for machines is beyond calculation. This does not include the wood processing machines and later on the reduction of glass and wallboard plus other materials. Those who are short better cover now IMO.

Regards to all

Ed Fishbaine

NEWS RELEASE October 13, 1998

First American Scientific Corp is pleased to announce that it has reached an agreement with a company in Waringstown, Ireland to complete development work required for the Kinetic Disintegrator to produce microfine rubber on a commercial scale. A KDS machine has arrived in Ireland and is being set up. The research and development program will be conducted in conjunction with Queens University of Belfast and the University of Ulster.

Initial tests conducted by FASC demonstrated that the unit will process crumb rubber produced by tire recyclers and reduce it further to a very fine powder (-100 mesh and smaller). Tests conducted by the Akron Labs in Akron, Ohio confirmed that the microfine produced had an irregular shape and a high density surface area with no deterioration in tensile strength or elasticity making it an ideal material for blending. This will open up new markets and applications for rubber from recycled tires. Tire manufacturers have been looking for ways to incorporate up to 20% recycled material into the manufacturing of new tires. The challenge has been to find a high quality fine rubber powder on a consistent and economic basis. Microfine powder is a cost effective, high performance filler that comes in a wide variety of compounds and emulsions, e.g., roofing, automotive trim, undercoatings, sealants, paints and plastic injection molding.

On BEHALF OF THE BOARD OF DIRECTORS

Jack Lovelock
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