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WEST LAKE VILLAGE, CA, May 10, 1999 -- Marvin Mears, President and CEO of Environmental Products & Technologies Corporation announced today that during the week of May 3, the Company hosted a Canadian delegation affiliated with 62 First Nation tribes in Manitoba, and linked to about 600 tribes in central and western Canada.
Gary Bear, Band Councillor for Brokenhead Ojibway Nation, said he sees "
a lot of potential" for EPTC's Closed-loop Waste Management System, from animal wastes, particularly their prize herd of bison, to an alternative for municipal waste sewer systems.
"We are part of Mother Earth and have always practiced sustainable development
and with the government's environmentally-friendly policy trend, [EPTC's system] is compatible with our philosophy and is the right way to go" said Jim Bear, Political Advisor, Southeast Assembly of First Nations.
McLeod Fiddler, First Nations consultant, has instituted a construction and architectural consortium for First Nations. He says "We will make it work for human waste applications; up North it's a big problem with contaminated waterways and lakes."
All three support the system's introduction into Canada and recognize EPTC's approach as a positive economic and environmental impact for tribal members. "We are pleased with the enthusiastic response of the First Nations, and we look forward to working with our new Canadian distributor and tribal leaders in providing cost-effective solutions to hard-pressing environmental problems," said Mears.
EPTC's Closed Loop Waste Management System, converts solid animal waste into commercial, pathogen free, nutrient rich, soil-building medium and converts liquid waste into a non-potable water to be used in the farmer's fields. Additionally, EPTC's patented co-generation system converts methane gas into electricity, which can be used to offset a portion of the farm's electric costs, with any excess being sold to the local power company.
Environmental Products & Technologies Corporation is focused on solving environmental problems while enhancing the productivity of farming and large livestock raising operations for the U.S.
NOTE: Statements contained in this release that are not strictly historical are ``forward-looking'' statements within the meaning of Section 27A of the Securities Act of 1998, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The company makes these forward-looking statements based upon information available to it as of the date hereof, and the company assumes no obligation to update such forward-looking statements. Although the company believes the expectations reflected in such forward-looking statements are reasonable, editors and investors are cautioned that such forward-looking statements invoke risk and uncertainties that may cause the company's actual results to differ from these forward-looking statements. Such risks and uncertainties include, but are not limited to, the ability of EPTC and NDES to complete the contemplated transaction on or before January 13, 1999 and according to the terms outlined in the letter of intent, market demand for each company's product(s), the ability of each company to fulfill demand, sales levels, and competitive trends, as well as other economic, regulatory, governmental and market factors outlined in EPTC's reports to shareholders and periodic filings with the Securities and Exchange Commission.
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