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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?


To: Brandon Buttons who wrote (6277)2/1/2001 3:14:15 PM
From: CAYMAN  Read Replies (1) | Respond to of 6467
 
Thermo Tech(TM) Chairman Addresses Shareholders

Thursday February 1, 9:01 am Eastern Time

Press Release

SOURCE: Thermo Tech(TM) Technologies Inc.

Listed OTC BB Trading Symbol: TTRIF

TORONTO, Feb. 1 /PRNewswire/ - Thermo Tech(TM) Technologies Inc. (the ``Company'') provides further information to shareholders. Mr. Ismail Radi, Chairman of the Board and CEO, is pleased to introduce himself and to provide the following update.

Ismail Radi stated, ``I want to begin by thanking our supportive shareholders for recognizing the need of saving the environment and developing the Thermo Master(TM) technology into what it is today. Myself, our Board and Management, with the success we have had in Firmaplus, will be able to significantly increase the opportunity for shareholders, as Firmaplus grows in its own business and launches off the environmental sector.''

Mr. Radi concluded, ``It is my goal to increase revenues for the Company and to cut all unnecessary costs in order to maintain the highest profit possible. It is my goal to increase shareholder value through sound business and growing revenues. Before taking on this new challenge, I was made fully aware of the Company history, the large number of outstanding shares and credibility issues arising from hostile shareholders. Shareholders who remain faithful to the Company and want to be part of this multinational effort will be rewarded. A multi-billion dollar business opportunity in cleaning up the environment is at hand. We have the team and the resources to accomplish our goal.''

Thermo Tech(TM) Technologies Inc. is a leader in organic waste recycling. Thermo Tech(TM)'s patented thermophilic process is utilized in compact and environmentally friendly Thermo Master(TM) plants to convert biodegradable food waste into high protein animal feed and wastewater treatment sludges into fertilizer concentrate.

Certain statements contained herein are ``forward looking statements'' (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management. Because such ``forward looking statements'' are subject to risks and uncertainties, actual results may differ materially from those expressed or implied. Such ``forward looking statements'' include but are not limited to, competitive factors, general economic condition, customer relations, relationships with vendors, government supervision and regulation, product introductions and acceptance, technological changes in industry practices, and other factors discussed in filings made by the Company with the Securities and Exchange Commission.

ON BEHALF OF THE BOARD OF DIRECTORS OF:

THERMO TECH(TM) TECHNOLOGIES INC.

"Ismail Radi"

Per:

Ismail Mohammed Radi
Chairman

(TM) The terms Thermo Tech(TM) and Thermo Master(TM) are registered trademarks of Thermo Tech(TM) Technologies Inc. The term Thermo Master(TM) is licensed for use by Hamilton Bio Conversion Inc., and Richmond Bio Conversion Inc.
SOURCE: Thermo Tech(TM) Technologies Inc.