Scorpex Signs Multi-Million Dollar Contract to Secure Waste Processing Equipment for Initial Facility
27 Luglio 2011 - 10:01PM
Marketwired
Scorpex, Inc. (PINKSHEETS: SRPX) (the "Company"), an emerging
leader of industrial, hazardous and toxic waste disposal services
in the Baja Mexico/California region, today announces it has
entered into a major agreement with International Environmental
Technologies, Inc. ("IET") for the acquisition and installation of
waste gasification/thermal oxidation equipment as well as a license
to use the technology.
IET's patented technology is capable of processing municipal
waste, medical waste and hazardous waste simultaneously without
presorting for maximum efficiency. The oxygen starved system
virtually eliminates noise and noxious odors when operating while
reducing waste volume by 95%. The design of the system also reduces
breeding sites for scavengers, rodents, insects and disease that
are sometimes found in other processes.
Chief Executive Officer Joseph Caywood commented, "Following our
evaluation of various waste processing techniques and technologies,
we found the solution offered by IET to be superior to those
offered by competitors. Securing this technology was a crucial part
of our business plan. We will provide additional details very
soon."
About Scorpex, Inc.
Scorpex, Inc. is taking the necessary steps to own and operate a
full service waste disposal and recycling company, capable of
storing and disposing all types of waste, including those
classified as industrial, toxic, and hazardous. The location chosen
for the first Scorpex plant is strategically positioned to
accommodate the vast region of Baja California, Mexico.
For more information, visit www.scorpex.com
About MissionIR
MissionIR is committed to connecting the investment community
with companies that have great potential and a strong dedication to
building shareholder value. Through a full suite of investor
relations and consultancy services, we help public companies
develop and execute a strategic investor awareness plan as we've
done for hundreds of others. Whether it is capital raising,
increasing awareness among the financial community, or enhancing
corporate communications, we offer a variety of solutions to meet
the objectives of our clients.
For more information on Scorpex, Inc., visit
http://SRPX.MissionIR.com
This press release may contain certain forward-looking
statements regarding future circumstances. These forward-looking
statements are based upon the Company's current expectations and
assumptions and are subject to various risks and uncertainties that
could cause actual results to differ materially from those
contemplated in such forward-looking statements. Actual results,
events, and performance may differ. Readers are cautioned not to
place undue reliance on these forward-looking statements, which
speak only as to the date hereof. The Company undertakes no
obligation to release publicly any revisions to these
forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this
release does not constitute an admission by the Company or any
other person that the events or circumstances described in such
statements are material.
Contact: Investor Relations J.R. Munoz 310-891-1838
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