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Technology Stocks : Solucorp Industries (SLUP - OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: High Grader who wrote (2571)	6/24/1999 4:11:00 PM
From: hawkeye	Read Replies (1) \| Respond to of 3679

note SLUP'S attorneys GEOMAR : Second Patent Issued For Solucorp's MBS Technology BUSINESS WIRE WEST NYACK, N.Y., June 24 — Solucorp Industries Ltd. (OTC:SLUP) today announced that the company's Patent Attorneys, Coudert Brothers of New York, have confirmed the issuance of a second patent on the company's remediation technology for hazardous metals contamination, the Molecular Bonding System (MBS). -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- The U.S. Patent and Trademark Office has recorded the official issue date of U.S. Patent No. 5,898,093 as April 27, 1999. The company's prior patent for MBS technology was issued on March 2, 1999 (U.S. Patent No. 5,877,393). The company views this additional patent protection for its technology as an important step in consolidating the stature of MBS that was first established by the technology's successful particpation in the U.S. EPA's Superfund Innovative Technology Evaluation (SITE) Program. Headquatered in West Nyack, NY, 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, capable of cost-efficient stabilization of hazardous 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.