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Microcap & Penny Stocks : Toups Technology Licensing, Inc (TOUP)

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To: Aquaman who wrote (210)5/11/1999 9:17:00 AM
From: Dan O.  Read Replies (1) of 317
 
Toups Technology's Underwater Arc Process Certified For Industrial Waste Treatment
AquaFuel Produced At A Negative Net Cost; AquaFuel's Power Tripled To 1,000 btu/cf, Output Doubled To 3,000 cf/hour
LARGO, Fla., May 11 /PRNewswire/ -- Toups Technology Licensing, Inc. (OTC Bulletin Board: TOUP - news; TTL), a diversified technology development and manufacturing company, announced that its AquaFuel production process has been certified to treat a wide variety of hazardous and industrial waste liquids. Full details are available on the Company's web site at toupstech.com.

TTL unveiled its automated, high volume AquaFuel production system, the AquaFueler Auto 1500(TM), on April 27. According to independent analysis, AquaFuel(TM) gas is a viable alternative to fossil fuels that produces no harmful emissions. This unique property allows AquaFuel to be burned safely in enclosed areas or to be used in industrial quantities without any appreciable harm to the environment. AquaFuel gas is produced by introducing an electric arc, similar to a bolt of lightening, under water in the presence of carbon.

TTL has now certified its AquaFueler Auto 1500(TM) as a recycling device for a number of hydrocarbon-based contaminants using its proprietary Hot Plasma Destructive Distillation(TM) (HPDD) process. According to the Company's research, hot plasma technologies for treating hazardous waste products have been receiving increasing attention as methods likely to be used in the next century.

''This is a significant confirmation,'' said Ken Lindfors, TTL's Alternative Fuels Division project manager, ''that propels the economics of producing AquaFuel to a very promising area.''

The waste recycling process, which adds a non-ionic surfactant to the contaminant in a proprietary mixture, boosts AquaFuel's power as measured by the Company to 1,000 btu/cubic foot, which is equivalent in energy to natural gas. The remaining solids are disposed of in a recovery system that renders them totally inert.

TTL's information indicates that waste recycling can earn from $1.00 to $100.00 per gallon depending on the waste product to be treated. As a consequence of the revenue generated from waste treatment, the resulting AquaFuel, after considering costs of production, has a negative cost of production that ranges from 2.2 cents per cubic foot to as much as $2.20.

The certification cites an example using 185 gallons of hydrocarbon-based contaminant waste:

Payment for recycling waste at $1.00 per gallon: $185.00

Costs of operation:
Electricity (520 kwh @ $0.08/kwh) $ 41.00
Carbon $ 38.00
Labor (2 employees at $20.00 per hour) $ 40.00
Total costs $ 117.00
Gross profit after completing the process $ 68.00

AquaFuel remaining for sale after one hour of recycling 3,000 cubic feet

''We are greatly encouraged by the economic improvement we have just certified,'' added TTL's CEO, Leon Toups. ''The Company is now poised to aggressively market this equipment on the basis of its dual environmental benefits; recycling waste and generating AquaFuel.''

AquaFuel, because of its unique properties, may have greater value than traditional gas fuels, which sell from 2 cents to 10 cents and more per cubic foot.

Liquid wastes that have been certified include water- and land-based oil spills, chemically contaminated soils, hydrocarbon contaminated soils, hazardous runoff, PCP contaminated transformer oil, parts washer solvents, chemical wash water, processing oils, antifreeze, paint sludge, bilge water, refinery pit oil, tank bottoms and crank case sludge.

About AquaFuel

AquaFuel has been both internally and independently certified for use in many applications as either a replacement or additive to traditional fuels. The properties of this gas are so unique that it is equally as effective in relatively low energy uses such as cooking to very high-energy requirements such as being used as a replacement for acetylene to cut metal. In addition to its flexibility, AquaFuel burns so cleanly that it gains a significant advantage when the elimination of emission and pollution control systems are considered.

AquaFuel has been analyzed by an international consortium of scientists, engineers, universities, governmental agencies and independent laboratories, including: The Institute for Basic Research; NASA Laboratories/Kennedy Space Center; U.S. Environmental Protection Agency (EPA); and the Briggs & Stratton Test Center. The results are published in Certifications I and II and are available from TTL or through its web site at toupstech.com.

These independent sources have affirmed AquaFuel as a safe and desirable alternative fuel for consumer uses such as cooking, heating and automobile fuel, and industrial uses from electrical generation to the cutting of metal. TTL holds the license to five patents for the AquaFuel production process.

When safety of use is added to the mix, particularly in consumer and industrial applications, AquaFuel is especially desirable. One of the dangers of using traditional fuels is carbon monoxide emission. AquaFuel releases the same amount of carbon monoxide in its exhaust in 24 years as most traditional fuels release in 24 minutes. Further, because AquaFuel is rich in oxygen, danger related to oxygen depletion in enclosed areas is significantly reduced.

About Toups Technology Licensing

As a technology development and manufacturing company, TTL seeks, authenticates and secures the rights to manufacture and market new technological advances concentrating in the energy, environment, healthcare and natural resource markets.

The company's current technology based divisions include:

-- TTL Manufacturing, a fully equipped, 60,000 square foot manufacturing facility with advanced welding, machining and sheet metal fabrication capabilities;

-- AquaFuel, an alternative fuel derived from electric carbon arcs in water that produces no harmful emissions;

-- BORS Lift (Balanced Oil Recovery System) which increases marginal oil field production;

-- Multi-Purpose Generators which provide electric power co-generation that automatically parallels with the local utility power grid;

-- The Tunnel Bat, a mechanized, efficient and profitable process of culvert cleaning; and,

-- EMR (Electromagnetic Recycling), a process that converts scrap tires and related solid waste materials into marketable products without emissions.

TTL also acquires companies that complement its technologies with such advantages as manufacturing capability, technical expertise, synergistic product lines, established markets and sales capability in target markets. TTL's wholly owned subsidiaries include:

-- Brounley Engineering & Associates which manufactures radio frequency power generators for health care, lasers, plasma etching and other applications; and,

-- InterSource Health Care, Inc., which offers design, outfitting and procurement services for a full range of medical environments.

Company contacts: Mark Clancy, executive vice president (mclancy@toupstech.com) or James Doulgeris, vice president of marketing (jdoulgeris@toupstech.com), (727) 548-0918, fax (727) 549-8138; James Dryer/Geoffrey Plank, investor relations (GFCComm@aol.com), (561) 655-7575, fax (561) 655-2171, Darrel Hackman, Public/Investor Relations, Western States (303) 680-8014.

This press release may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Operating results are affected by a variety of factors, many of which are beyond the control of the Company. These factors include the levels of orders which are received and can be shipped in a quarter; whether and when order options are exercised; customer order patterns and seasonability; contract mix and shifting production and delivery schedules; manufacturing capacity and yield; cost of labor, raw materials, supplies and equipment; technological changes; competition and competitive pressures on pricing; economic conditions in the United States and worldwide, as well as other risks that are detailed from time to time in the Company's filings with the Securities and Exchange Commission.

SOURCE: Toups Technology Licensing, Inc.

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