Universal Systems Provides Update
December 12 2008 - 8:00AM
Marketwired
Universal Systems, Inc. (PINKSHEETS: UVSS) is very pleased to
announce today that it had a long successful trip to Canada this
past week. Our lead scientists and managers met with top managers
and executives of 7 major oil and oil field service companies which
included Enerchem, Suncor, EnCana, Petro-Canada, ERS, Sun Crude,
and ERCD, an Alberta Government Agency.
These meetings have landed Universal Systems, Inc. preliminary
lab work, which once completed, will allow us to go forward on
building long term relationships. The overwhelming audience with
these groups allowed Universal to demonstrate its ability to deal
with their major water issues, one being that of a method to clean
up produced water that is continually a problem that occurs when
you have a producing oil well and secondly, KCL water which is
produced when an oil well is being acidized to increase the flow of
oil. Up to now, the oil companies have had no other method in the
cleaning of these products except down hole injection or deposit
into a hazardous landfill which is very expensive.
Due to the overwhelming responses of our ability to address the
cleaning of their produced water for reuse on-site and during the
drilling of the new well we have begun construction of our first
mobile water unit. We are also especially pleased with our new
development of a newly designed belt clarifier that will enhance
the cleaning of slimes and slurry produced by our EC Units on a
continuous basis. This unit is not only adjustable to meet various
water flows, but is now condensed to a size that will replace a
forty foot (8'x40') in length container clarifier. This new foot
print is 2' wide x 4' tall x 6' long. This unit could be installed
in the back of a pickup truck, if needed.
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: Universal Systems, Inc.
info@universalsystemsinc.net
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