Universal Systems Attends Global Petroleum Conference in Canada
June 11 2008 - 4:18AM
Marketwired
BAKER CITY, OR announced today its attendance at the three-day
Global Petroleum Conference in Calgary, Alberta, Canada (June
10-12, 2008).
"This is an extraordinary opportunity for us to meet with
industry leaders and operators to showcase our products and
services," stated Mr. Kevin Chambers, CEO of Universal Systems,
Inc. "The exchange of technology is a key component of this show.
The industry is eager to find more innovative ways to meet today's
oil demands and obtaining cost-effective and efficient ways to
treat waste water factors into the same equation. Our Company
offers the industry economical solutions for these water treatment
concerns while protecting our environment from the disposal of
'unsafe' waste water."
Mr. Chambers added, "We have several meetings set up for the
next few days. We are very confident that such meetings will result
in favorable opportunities for the Company."
"Since 1968 Global Petroleum Show has been one of the pivotal
industry events in the world. Now in 2008, Global Petroleum Show is
the largest exhibition for oil and gas anywhere, boasting over 650,
000 net square feet of international oilfield equipment and
display.
"Over the decades Global Petroleum Show has become much more
than a large exhibition. It has become a main stage for buying and
selling products and services, the exchange of technology, sharing
of ideas, and industry networking. This year, we are building on
all of the successes of past petroleum shows and introducing a
number of new initiatives to this world-class event. Across the
globe, the petroleum industry has never been more concerned about
human resources, the environment, global supply & demand and
sustainability," as stated in the Official Spring Event Preview
Magazine for the 2008 Global Petroleum Show available at
www.petroleumshow.com.
About Universal Systems, Inc.
Universal Systems, Inc (USI) is a publicly traded holding
company focused on providing economically and ecologically viable
water and wastewater treatment solutions. USI offers a FULL SERVICE
turn-key water treatment services, specializing in "slop oil" and
CBM (Coal Bed Methane) produced water.
In 2007, USI obtained an exclusive worldwide licensing agreement
to provide slop oil and processed wastewater treatment services to
the oil industry. The company's mission is to become the leader in
the development and delivery of cost effective slop oil and
processed wastewater treatment. USI joined Powell Water Systems,
Inc. (PWS) and Water Solutions, LLC (WS) to bring PWS's patented
electrocoagulation technology to the oil industry, making large
flow waste oil, and water treatment efficient and cost
effective.
More recently, USI has discovered the immediate need to become
involved in building, owning, and operating central produced water
processing facilities. This service is widely needed wherever
natural gas is produced; the diminished capacity to handle
processed water from natural gas production is causing some
production wells to be shut in until alternative-treating plants
can be brought on line. As tougher water discharge regulations are
being imposed, the need is becoming even greater.
USI's business plan for expansion includes the purchase or
acquisition of other specialized trade service companies that will
complement and enhance the overall product and service offering of
the company.
Safe Harbor Statement Under The Private Securities Litigation
Reform Act Of 1995:
The Private Securities Litigation Reform Act of 1995 (the
"Reform Act") provides a "safe harbor" for forward-looking
statements to encourage companies to provide prospective
information, as long as those statements are identified as
forward-looking and are accompanied by cautionary statements
identifying important factors that could cause actual results to
differ materially from those discussed in the forward-looking
statements. Universal Systems, Inc. desires to take advantage of
the safe harbor provisions of the Reform Act. All future written
and oral forward-looking statements attributable to the Company or
any person acting on its behalf are expressly qualified in their
entirety by the cautionary statements contained or referred to
above. New risks and uncertainties arise from time to time, and it
is impossible for the Company to predict these events or how they
may affect the Company. We assume no obligation to update any
forward-looking statements as a result of new information, future
events or developments, except as required by federal securities
laws. In addition, it is our policy generally not to make any
specific projections as to future earnings, and we do not endorse
any projections regarding future performance that may be made by
third parties.
Universal Systems, Inc. is traded on the OTC Exchange under the
symbol UVSS. More information is located at the web-site
www.universalsystemsinc.net
Contact: Kevin Chambers 541-523-0220
info@universalsystemsinc.net
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