Solucorp Receives Patent for its IFS Heavy Metal Remediating Paint Stripper Technology
June 11 2007 - 8:00AM
Business Wire
Solucorp Industries Ltd. (OTC: SLUP) today announced that it has
received a patent (U.S. Patent No. 7,208,457) for its Integrated
Fixation System (IFS) Lead Out Heavy Metal Remediating Paint
Stripper from the U.S. Patent and Trademark Office (USPTO). The
patent will expire on December 16, 2024. Lead Out uses Solucorp�s
EPA Superfund Innovative Technology Evaluation (SITE) program
proven Molecular Bonding System (MBS) reagents to permanently
remediate heavy metal contaminants such as lead, chromium, cadmium,
or zinc that may be found in certain types of paints. The Lead Out
paint stripper is an environmentally friendly, soy-based product.
The receipt of this patent reaffirms Solucorp�s continued
commitment to being the leader in the field of pollution prevention
products for heavy metals contamination. The Lead Out product line
strips and remediates paint containing heavy metals in one step.
Transportation and disposal costs are significantly reduced and
containment is simplified because the user is generating a
non-hazardous waste. Lead Out easily removes multiple coats of
paint in a single application. Rich Runco, President of Solucorp
Industries Ltd. stated, "We believe that this is the first of
several patents that will be issued for IFS delivery systems.
Solucorp continues its efforts to develop innovative and cost
effective technologies for the prevention of environmental
pollution from heavy metals contamination." About Solucorp
Industries Ltd. Solucorp Industries Ltd., is a provider and
developer of cost effective and permanent technologies for the
remediation and prevention of hazardous heavy metal contamination.
Solucorp is the owner of several patents and numerous additional
patents that are pending. Solucorp Industries, Ltd., has three
wholly owned subsidiaries: Solucorp Industries, Integrated Fixation
System Company Inc., and WITS, Inc. 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. Investors are
cautioned to perform a proper due diligence and consult licensed
professionals prior to making an investment decision.
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