LAS VEGAS, NV--(Marketwire - 12/17/09) - QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTC.BB:QPRJ - News), its stock quoted on the OTC BB under the trading symbol "QPRJ," announced today that the QES Utility Unit has been completed ahead of schedule and on budget and will be available for demonstration purposes at the Dalian - Jinzhou High Technology Park. The demonstration of the QES Utility Unit will be shown during the month of January 2010 to prospective customers of Fanta International, the Company's distributor in China, and Senior Government Officials, and Joint Venture partners of the Company. The Company's prospective joint venture partner Canda Green Industry Inc. will be co-hosting the demonstration in its facilities in the High Technology Park.
Canda Green Industry Inc. is a prominent Chinese real estate development company appointed to cater to the world's ecological and environmental industries and the principals of the Company are principals of the Jinda Group involved in industries ranging from real estate development, manufacturing of wood products, electronics, restaurant and hotel operations to sand blasting etc.
The Liaoning Coastal Economic Zone follows the earlier economic zones of the Pearl River and Yangzte River Delta and according to President Hu Jintao and Dalian Mayor Li Wancai makes the city of Dalian the focus of the world.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced prolysis and gasification system in the world, specifically designed to convert all organic waste such as palm husks (including used tires, plastic waste and municipal waste etc.) to valuable by-products such as N220 carbon black, biochar fertilizer, and/or fuel oil or fuel gas for the production of electrical power, without any measurable environmental pollution or ash to be land filled. The QES2000 System is designed to meet the Global challenges of the 21st Century wherein natural resources are being exhausted, the petroleum industry is unstable and uncertain in terms of cost and supply and the world is seeing a degradation of the Global environment.
Because of the affordability of the QES2000 System, and the creation of significant revenue streams from the by-products, the return on investment is much greater than other competitive systems.
Initially, the Company will focus its expansion initiatives in Asia, primarily in the fast growth economies of China, India and South-East Asian countries.
About QUADRA PROJECTS INC.
QUADRA PROJECTS INC. intends on becoming a leading green energy company focusing on environmentally friendly opportunities focusing on its leading waste to energy technology and other green industry opportunities existing worldwide.
Forward-Looking Statements:
This press release includes "forward-looking statements," which may be understood as any statement other than a statement of historical fact. Forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on Management's current expectations and revenue projections and are based on assumptions that the manufacturing capacity for the assembly plant of the QES2000 Systems is achieved. These forward-looking statements are subject to risks, uncertainties, and changes in circumstances and market conditions. Actual results may vary materially from Management's expectations and projections expressed in this press release.
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