LAS VEGAS, NV--(Marketwire - 01/12/10) - QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTC.BB:QPRJ - News) announces that the QES2000 Utility Unit has been completed and that in house testing is currently underway. Independent engineering testing is scheduled after completion of the in house testing. Immediately after certification of the QES Conversion Unit, it will be available for demonstration for the Company's prospective buyers and Government Authorities in the City of Guangzhou, located in Guangdong Province in the Peoples Republic of China.
Quadra's authorized distributor, Fanta International has advised that Municipal Solid Waste (MSW) is a major problem in the Guangzhou area with several thousand tons being generated each day. This could lead to sales of up to 100 QES2000 conversion units over the next 2 years generating sales in excess of 150 Million Dollars.
After testing in Guangzhou, the QES Utility Unit is to be relocated to Beijing where it will be used to demonstrate the technology for Government Environmental Authorities, Senior Regulatory Central Government Officials and qualified prospective joint venture partners. The Company's joint venture partner, Richbay Holdings Limited, will co-host the demonstration and has advised that the purpose of the testing is confirm viability of the technology, with the object of securing endorsement of the Central Government.
This endorsement could lead to significant sales in the Beijing area, where disposing of Municipal waste is a major problem.
Management of the Company is of the opinion that the patented QES2000 System is the most advanced pyrolysis 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.
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 world-wide.
Forward Looking Statements:
THIS RELEASE CONTAINS CERTAIN FORWARD-LOOKING STATEMENTS CONCERNING QUADRA'S OPERATIONS, ECONOMIC PERFORMANCE AND FINANCIAL CONDITION. THESE STATEMENTS ARE BASED UPON A NUMBER OF ASSUMPTIONS AND ESTIMATES, WHICH ARE INHERENTLY SUBJECT TO UNCERTAINTIES AND CONTINGENCIES, MANY OF WHICH ARE BEYOND THE CONTROL OF THE COMPANY, AND REFLECT FUTURE BUSINESS DECISIONS, WHICH ARE SUBJECT TO CHANGE. SOME OF THESE ASSUMPTIONS MAY NOT MATERIALIZE, AND UNANTICIPATED EVENTS WILL OCCUR WHICH CAN AFFECT THE COMPANY'S RESULTS.
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