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Technology Stocks : SEVT - SUMMIT ENVIRONMENTAL CORP INC -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (27)	12/7/1999 11:05:00 AM
From: Scottey	Read Replies (1) \| Respond to of 70

Summit Environmental: Completion of Patent Rights Purchase LONGVIEW, Texas, Dec. 7 /PRNewswire/ -- Summit Environmental Corporation Inc. (OTC Bulletin Board: SEVT - news) announced, December 3, that it has completed the purchase of the Patent Rights and Intellectual Property Rights for the companies Flagship products FlameOut© and FirePower 911(TM). FlameOut is officially listed and certified as Surfactant Blend A: FlameOut with the United States Environmental Protection Agency as a certified replacement for the globally banned firefighting agent Halon 1211. Under the Significant New Alternative Policy -- code name SNAP -- FlameOut is one of only several permanent certified replacements. FlameOut not only is approved for commercial use as all the others but is also approved for residential application. FlameOut is also a dually UL Listed wetting agent and low density form for both Class A and Class B fires with a listing number of 7P21. FirePower 911 is the companies other star. FirePower 911 is the only rated fire extinguisher in an aerosol can, which carries proper National Fire Protection Association-NFPA 10 rating. FirePower 911 has been tested and rated according to Ansi/UL 8 and Ansi/UL 711. There are other aerosol products in the marketplace that tout ``Fire Extinguisher' on the can. These products are in clear violation of State Fire Codes and are subject to enforcement action for violations of the State Fire Code Statute for portable fire extinguishers. Summit purchased these rights from BioGenesis and Dr. Moshen Amiran on November 2, 1998 with an agreed plan of both company stock and cash. The deadline for completion was set for December 1, 1999, and as such both Summit and BioGenesis have completed the terms of the purchase. Terms are disclosed in the companies latest 10-QSB on file, as Summit is a fully reporting company. The completion of this agreement leaves Summit as a completely debt free public company. With all the marketing agreements, research and development projects and the completion of the previously mentioned Patent Rights, Summit is a company positioned for explosive growth. For additional Information contact Keith Parker, CEO at 1-800-522-7841. Except for the historical information contained herein, the matters set forth in today's presentation are forward-looking statements within the meaning of the ``safe harbor' provisions of the private securities litigation reform act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. These forward-looking statements speak only as of the date herein. Summit disclaims any intent or obligation to update these forward-looking statements. SOURCE: Summit Environmental Corporation Inc.

To: Joe Copia who wrote (27)	12/11/1999 3:39:00 AM
From: Due Diligence	Read Replies (1) \| Respond to of 70

From another thread: FWIW. TO All Investors & Lurkers; Information..... Research Report on SEVT........ SEVT - SUMMIT ENVIRONMENTAL CORPORATION, INC. O/S: 7.5 mil Float: 4.5 mil "very tightly held" Net Equity: over $4 mil Long Term Debt: 0 (zero) CEO: Keith Parker, 414 E. Loop 281, Suite 7, Longview, TX 75605 1-800-522-7841 Summit(SEVT) is involved in the manufacturing, marketing, and distribution of biodegradable, non-toxic cleaning, chemical, and fire suppression agents. The product, FlameOut is the only EPA approved replacement for Halon 1211 for both residential and commercial fire fighting applications. Halon has been banned globally due to its ozone depleting capabilities and possible carcinogenic effects by the 1992 Geneva Peace Conference. FlameOut is packaged in an aerosol can making FirePower911 the first ever rated fire extinguisher in an aerosol can. Ultimate Clean 668 is a cleaning agent that is a revolutionary cleaner and is being marketed and tested by the aviation industry and military. The suppressant is patented and SEVT has been assigned such. International Aero home ,http://www.intl-aero.com/home.html , the world's largest reconfiguration company of commercial airlines, markets these products through Pyrogen Pyrogen Home Page , pyrogen.com , aero02 , pyrogen.com . International Aero's Director of Research and on the Board of Directors in SEVT is John Brooks, formerly the head of fire suppression with the United States Navy. Both FlameOut and Ultimate Clean668 are being tested by the Department of the Navy and with a military specification number, FAA approval for the turbine cleaner is in place. International Aero has purchase commitments from Continental, Delta, and Northwest airlines. ******************************** Bottom Line: Retail sales Grocery: (# of Stores)Core Mark- 47,000 , MSM Solutions- 20,000 , Grocery Supply Company 12,000 , Minter Weisman- 3,000 , also included are Albertsons, Jewel-Osco, Walgreens and Auschan. Texas: Brookshires/SuperOne 134 , Tom Thumb/Randalls 117, New Mexico: Furrs 72 Retail sales Convenience: Connoco, Circle K, Maverick, E-Z Mart, Seven-Eleven, Holiday, Petromark, Coast to Coast, and Town & Country Convenience Service Group and Core-Mark= total network of 130,000 stores alone. Most of these retail outlets will have FirePower911 on the shelves by Thanksgiving. Aviation: FAA Testing Protocol for replacement of Halon Fire Extinguisher on board passenger aircraft Military: Pascagoula, Mississippi Naval Center, FlameOut under test for misting systems in the cargo bays of Navy Transports, FlameOut II under alternative protocol tests for AFFF replacement. AFFF is a known carcinogenic fire fighting agent. Paxtuxent River, Maryland, Naval Air Warfare Center - Ultimate Clean668 under testing protocol on the F-16 Navy Jet. Exclusive distributorship agreements have been executed with Mexico, Brazil, Argentina, Uruguay, Paraguay, Colombia, Ecuador, Peru, Boliva, Chile, Venezula, Dominican Republic, United Kingdom, Hong Kong, Singapore, Japan, Philippines and the Europian Union. FirePower 911 will appear in The Amway Corporation Spring/Summer 2000 catalog with a distribution of 3.3 million copies * There is a possibility of a private labeling agreement through Kingsford Charcoal, a subsidiary of Clorox. ***In addition to the above, SEVT expects to commence a vigorous marketing effort using direct response television in December 1999. The producer of the infomercials is The Video Agency of Studio City, California. The initial preparation is being edited at Paramount Studios. Direct response television ads will be extracted from this 30-minute production. The program will air nationally on the Discovery, Learning, or Bravo Channels, or on CNBC. It will be rebroadcast once every other week for six months. We believe this program will generate investor interest, support the convenience and retail grocery sales initiative and produce direct sales from the home office. A 60-second FirePower 911(TM) support ad for the local retailers will begin December 10, 1999 on local CBS or local cable affiliates, where FirePower 911(TM) is on the shelves.