LAS VEGAS, NV--(Marketwire - 01/06/10) - QUADRA PROJECTS INC. ("Quadra" or the "Company") (OTC.BB:QPRJ - News) received an update from its Indian distributor, Geetas Infra, a wholly owned subsidiary of CMR Power Projects Pvt. Ltd. setting forth the opportunities that exist for Quadra's gasification technology in India. The Managing Director, C Srirama Raju, has advised that negotiations are underway with several bio-mass power producers to substitute their current bio mass incineration systems with the less costly and more efficient QES Gasification System.
Management of the Company is of the opinion that the QES2000 gasification system, being one of the applications of the QES2000 system, is the most advanced system in converting organic waste to energy and the most flexible to match the customer's needs. The QES gasification technology is a proprietary system which combines the Steam Direct-Heat Pyrolysis and Indirect-Heat Pyrolysis technologies into one system and further incorporates a unique two stage pyrolysis and gasification process into the system. The benefits of the QES Gasification System are a higher conversion rate than an indirect-heat gasification system achieving a converting rate of almost 50%~70%, lower cost than other gasification systems, easier installation, lower maintenance costs and a higher heat value of fuel gas than other gasification or incineration systems.
As a result Management is of the opinion that for the application of waste-to-electrical power generation from Municipal Waste (MSW) and/or bio-mass, the QES2000 Gasification system provides the most competitive operating cost, requires lower investment and yields a higher rate of return than competitors. The Company also offers customers professional expertise in designing a turnkey solution for a gasification plant. It is these factors, according to Mr. Raju, which have brought interest from several biomass power producers.
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, bio-char 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.
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 world-wide.
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Source QUADRA PROJECTS INC.
Email to: general@quadraprojects.com
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.
Wednesday, January 6, 2010
Trustcash Completes Integration With www.condobargainclub.com
ATLANTA, GA--(Marketwire - 01/06/10) - Trustcash Holdings Inc. (the "Company" or "Trustcash") (Pinksheets:TCHH - News) announces it has completed the integration of the Trustcash online payment platform with www.condobargainclub.com.
www.condobargainclub.com recently launched its online service with a view to reach the vacationing audience that books travel online. Trustcash management expects quality and consistent revenues from their offerings due to ongoing trends in online travel booking. The results of a 2009 poll provided at http://www.travelmole.com/stories/1134043.php of just over 12,600 people found:
29% of respondents book all elements of their holiday independently and online; and
47% of respondents said they will book at least one element of their holiday independently, whether it is car hire, airport/hotel transfers, excursions, flights or accommodation; and
Over half (54.55%) said they regularly research their holiday and compare prices on the internet before making a booking; and
Less than 1% have never used the internet to book or research any part of a holiday.
CONDO BARGAIN CLUB
Condo Bargain Club members benefit from weekly Condo Bargains.
These Condo Bargains are actual condominiums at world-class resorts for prices starting as low as $199 per week for a one or two bedroom and ocean view condominiums.
Members are emailed the Condo Bargain Prices every Tuesday afternoon, and the inventory is based on a first come first serve basis. These prices are only available to members. To register to become a member go to www.condobargainclub.com
About Trustcash
The Trustcash(TM) platform delivers a sophisticated, comprehensive online payment processing system.
The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash(TM) is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
www.condobargainclub.com recently launched its online service with a view to reach the vacationing audience that books travel online. Trustcash management expects quality and consistent revenues from their offerings due to ongoing trends in online travel booking. The results of a 2009 poll provided at http://www.travelmole.com/stories/1134043.php of just over 12,600 people found:
29% of respondents book all elements of their holiday independently and online; and
47% of respondents said they will book at least one element of their holiday independently, whether it is car hire, airport/hotel transfers, excursions, flights or accommodation; and
Over half (54.55%) said they regularly research their holiday and compare prices on the internet before making a booking; and
Less than 1% have never used the internet to book or research any part of a holiday.
CONDO BARGAIN CLUB
Condo Bargain Club members benefit from weekly Condo Bargains.
These Condo Bargains are actual condominiums at world-class resorts for prices starting as low as $199 per week for a one or two bedroom and ocean view condominiums.
Members are emailed the Condo Bargain Prices every Tuesday afternoon, and the inventory is based on a first come first serve basis. These prices are only available to members. To register to become a member go to www.condobargainclub.com
About Trustcash
The Trustcash(TM) platform delivers a sophisticated, comprehensive online payment processing system.
The Trustcash technology infrastructure provides merchants with open access, PCI compliant payment processing. Trustcash(TM) is an E-Commerce expert providing online businesses with payment solutions needed to be successful.
Cautionary Statement Regarding Forward-Looking Statements
A number of statements contained in this press release are forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the sufficiency of existing capital resources, technological changes and uncertainties related to the development of Trustcash's business model. The actual results Trustcash may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.
Plateau Mineral Development, Inc. Explains Uses of Natural Gas Produced by Converter
WINSTON-SALEM, N.C., Jan. 6, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) has issued a statement concerning the natural gas that can be generated by the company's converter. Plateau's converter will generate solvent, carbon black and natural gas. Six to eight percent of the total product load discharged by the converter is natural gas.
The company's main goal is to use the natural gas to run a generator that will provide power to the pumps and compressors in the field, allowing for a stand-alone unit that needs no electrical power from the local grid to operate. This is a cost saving option when electric power may not be available in a remote site.
Alternatively, the gas could be commercially compressed into a pipeline and sold in the marketplace. Gas is currently selling for around $5.65 per MCF (NYMEX). However, at this time, Plateau has decided that it will continue to utilize the gas as a tool to lower operating costs by running the converter equipment in the field without the need for electrical power. This will allow the company to fully focus on marketing the converter's other two end products, solvent and carbon black, which are most lucrative.
"Running electrical power out to remote job sites can be a costly undertaking," states Robert Matthews of Plateau Mineral Development, Inc. "We have the unique ability to utilize a resource outputted by the process that allows us to save a considerable amount of infrastructure funds that would have otherwise been spent on operating expenses. This is yet another step towards increased revenue for the company."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
The company's main goal is to use the natural gas to run a generator that will provide power to the pumps and compressors in the field, allowing for a stand-alone unit that needs no electrical power from the local grid to operate. This is a cost saving option when electric power may not be available in a remote site.
Alternatively, the gas could be commercially compressed into a pipeline and sold in the marketplace. Gas is currently selling for around $5.65 per MCF (NYMEX). However, at this time, Plateau has decided that it will continue to utilize the gas as a tool to lower operating costs by running the converter equipment in the field without the need for electrical power. This will allow the company to fully focus on marketing the converter's other two end products, solvent and carbon black, which are most lucrative.
"Running electrical power out to remote job sites can be a costly undertaking," states Robert Matthews of Plateau Mineral Development, Inc. "We have the unique ability to utilize a resource outputted by the process that allows us to save a considerable amount of infrastructure funds that would have otherwise been spent on operating expenses. This is yet another step towards increased revenue for the company."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Tuesday, January 5, 2010
Ingen and Amsino International Sign Supply Agreement
Ingen Starts 2010 With a Leap
UCAIPA, Calif., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading global Medical Device Manufacturer for the Oxyview Nasal Cannula, focused on the $4B Respiratory market for the growing aging population and emerging markets for Home (DME), Hospital and Aviation industries, announced today that they have signed a Supply Agreement with Amsino International Inc. on December 1, 2009.
The Pomona-California based Amsino was established in 1993 and is a leading medical device developer and manufacturer dedicated to advancing healthcare worldwide by developing, manufacturing, and marketing medical products that help improve the safety and effectiveness of patient care. Amsino's product and service portfolio includes infusion products and access devices, blood collection and transfusion devices, anesthesia and surgical products, urological products, enteral feeding and irrigation products, respiratory therapy products, patient care products, and a full-service contract manufacturing business. Amsino products are distributed in the United States and more than 30 other countries worldwide.
Ingen and Amsino will manufacture the Oxyview and Oxyview Nasal Cannula at a reduced cost compared to current manufacturing costs. The Supply Agreement is effective for a 3-year term and is renewable.
Ingen is ready for ISO 13485 Certification and is now waiting in line for an audit date in January-2010. The company expects to be certified and the CE Mark and distribution of product will follow. The company expects GSA approval and will make an announcement in January. Both ISO certification and GSA will expand product distribution to U.S. Government branches, inclusive of the Department of Defense and the VA Hospital network, as well as export to China, Japan, Canada, Australia and Europe.
"We look forward to working with Richard Lee, CEO of Amsino, and his professional team. This agreement allows Ingen to reduce manufacturing costs by 40%, and increase efficiency and quality of our respiratory product line. Amsino International was introduced to us through Pacific Pearl Group, our Investment Banking consultants, who have evaluated Amsino as a good fit for manufacturing and distribution of the Ingen product line. With ISO certification near completion and GSA close to approval, the relationship between Amsino and Ingen is expected to be a prosperous one," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
http://www.amsino.com/
www.oxyviewnasalcannula.com
www.ingen-tech.com
About Ingen: Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009, the company introduced the new Oxyview Nasal Cannula for adult, children and infants. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufacturers all of its respiratory products in the United States. There are 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
UCAIPA, Calif., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Ingen Technologies, Inc. (Pink Sheets:IGNT - News), a leading global Medical Device Manufacturer for the Oxyview Nasal Cannula, focused on the $4B Respiratory market for the growing aging population and emerging markets for Home (DME), Hospital and Aviation industries, announced today that they have signed a Supply Agreement with Amsino International Inc. on December 1, 2009.
The Pomona-California based Amsino was established in 1993 and is a leading medical device developer and manufacturer dedicated to advancing healthcare worldwide by developing, manufacturing, and marketing medical products that help improve the safety and effectiveness of patient care. Amsino's product and service portfolio includes infusion products and access devices, blood collection and transfusion devices, anesthesia and surgical products, urological products, enteral feeding and irrigation products, respiratory therapy products, patient care products, and a full-service contract manufacturing business. Amsino products are distributed in the United States and more than 30 other countries worldwide.
Ingen and Amsino will manufacture the Oxyview and Oxyview Nasal Cannula at a reduced cost compared to current manufacturing costs. The Supply Agreement is effective for a 3-year term and is renewable.
Ingen is ready for ISO 13485 Certification and is now waiting in line for an audit date in January-2010. The company expects to be certified and the CE Mark and distribution of product will follow. The company expects GSA approval and will make an announcement in January. Both ISO certification and GSA will expand product distribution to U.S. Government branches, inclusive of the Department of Defense and the VA Hospital network, as well as export to China, Japan, Canada, Australia and Europe.
"We look forward to working with Richard Lee, CEO of Amsino, and his professional team. This agreement allows Ingen to reduce manufacturing costs by 40%, and increase efficiency and quality of our respiratory product line. Amsino International was introduced to us through Pacific Pearl Group, our Investment Banking consultants, who have evaluated Amsino as a good fit for manufacturing and distribution of the Ingen product line. With ISO certification near completion and GSA close to approval, the relationship between Amsino and Ingen is expected to be a prosperous one," stated Scott R. Sand, Chief Executive Officer and Chairman of the Board.
http://www.amsino.com/
www.oxyviewnasalcannula.com
www.ingen-tech.com
About Ingen: Ingen is an established medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 Billion in the U.S., and $8 billion globally. The company introduced Oxyview into the respiratory market in late 2007 after securing U.S. and Foreign Patents and successful licensing with the Food & Drug Administration, and has commenced domestic and global distribution with manufacture representative organizations, and OEM partners. In 2009, the company introduced the new Oxyview Nasal Cannula for adult, children and infants. In addition to selling its respiratory products within the global medical industry, the company is selling the same products within other industries that include aviation, automotive, emergency response, military and government transportation. The company holds a Device Manufacturing License with the State of California, Department of Public Health, Food and Drug Branch as it manufacturers all of its respiratory products in the United States. There are 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide. Ingen Technologies is now the largest manufacturer of in-line gravity-independent oxygen flow meters.
The Ingen Technologies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2472
Safe Harbor for Forward-Looking Statements: This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
SatMAX Corporation Restructures Debt in Anticipation of Global Expansion
Balance Sheet Debt Would Be Reduced
HOUSTON, TX--(Marketwire - 01/05/10) - SatMAX Corp. (Pinksheets:SATM - News), a leading global provider of wireless, non-line-of-sight satellite communications products and services to the $46 billion ground-based satellite communications industry, announced today that it has developed a financing plan for 2010 that restructures and eliminates approximately $800,000.00 in debt the company has acquired since its inception. The successful conclusion of this restructuring would significantly improve the company's balance sheet and should enable to company to strike more favorable terms with vendors and suppliers.
The year 2009 was important for SatMAX. The company negotiated deals with big names in the defense industry, government entities and important resellers. Some heavy hitters of 2009 include: completing two equipment deliveries to ITT for satellite installations and equipment; and the year-end signing of an agreement with SBA 8(a) certified TLC Engineering, allowing for SatMAX equipment to be introduced to Federal agencies and emergency response teams in the Houston/Gulf Coast region. The acquisition of these high profile partners is designed to lead to an increase in consumer awareness overall of SatMAX products.
SatMAX� is an advanced communications system that enables users to quickly and easily make fully wireless, satellite voice and data communications available from any non-line-of-sight location. With SatMAX�, customers have the ability to access dependable and uninterrupted satellite communication from indoor locations. Available as both fixed and mobile units, SatMAX� creates a satellite communications "hotspot," allowing maximum flexibility by enabling multiple callers to use Iridium-based satellite phones in both indoor and outdoor settings.
About SatMAX
SatMAX Corporation is dedicated to providing global wireless, non-line-of-sight, satellite voice and data communications links to government, military, and commercial and industrial customers. For more information, please visit www.echosatcom.com; or view our product information video at www.angelvisiontech.com/clients/echo_satellite.
VOD Newswire Video Format: http://vodnewswire.com/vodnewswire/news/satmax-corp-20100105/
Forward-Looking Statements
Certain statements contained in this release issued by SatMAX Corporation (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
HOUSTON, TX--(Marketwire - 01/05/10) - SatMAX Corp. (Pinksheets:SATM - News), a leading global provider of wireless, non-line-of-sight satellite communications products and services to the $46 billion ground-based satellite communications industry, announced today that it has developed a financing plan for 2010 that restructures and eliminates approximately $800,000.00 in debt the company has acquired since its inception. The successful conclusion of this restructuring would significantly improve the company's balance sheet and should enable to company to strike more favorable terms with vendors and suppliers.
The year 2009 was important for SatMAX. The company negotiated deals with big names in the defense industry, government entities and important resellers. Some heavy hitters of 2009 include: completing two equipment deliveries to ITT for satellite installations and equipment; and the year-end signing of an agreement with SBA 8(a) certified TLC Engineering, allowing for SatMAX equipment to be introduced to Federal agencies and emergency response teams in the Houston/Gulf Coast region. The acquisition of these high profile partners is designed to lead to an increase in consumer awareness overall of SatMAX products.
SatMAX� is an advanced communications system that enables users to quickly and easily make fully wireless, satellite voice and data communications available from any non-line-of-sight location. With SatMAX�, customers have the ability to access dependable and uninterrupted satellite communication from indoor locations. Available as both fixed and mobile units, SatMAX� creates a satellite communications "hotspot," allowing maximum flexibility by enabling multiple callers to use Iridium-based satellite phones in both indoor and outdoor settings.
About SatMAX
SatMAX Corporation is dedicated to providing global wireless, non-line-of-sight, satellite voice and data communications links to government, military, and commercial and industrial customers. For more information, please visit www.echosatcom.com; or view our product information video at www.angelvisiontech.com/clients/echo_satellite.
VOD Newswire Video Format: http://vodnewswire.com/vodnewswire/news/satmax-corp-20100105/
Forward-Looking Statements
Certain statements contained in this release issued by SatMAX Corporation (the "Company") that are not historical facts are "forward-looking" statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, and because such statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements are statements regarding the intent, belief, or current expectations, estimates, or projections of the Company, its directors, or its officers about the Company and the industry in which it operates and are based on assumptions made by management. Although the Company believes that its expectations are based on reasonable assumptions, it can give no assurance that the anticipated results will occur. When issued in this report, the words "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," and similar expressions are generally intended to identify forward-looking statements.
Plateau Mineral Development, Inc. Issues an Update on the Converter Project
WINSTON-SALEM, N.C., Jan. 5, 2010 (GLOBE NEWSWIRE) -- Plateau Mineral Development, Inc. (Pink Sheets:PMDP - News) announced today that the firm, in conjunction with Environmental Solutions, has completed a design for a converter unit that will transform tires into carbon black, oil, gas and petroleum solvents.
The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound.
A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Funds are currently being raised to create a better, more efficient second generation unit.
Robert Matthews of Plateau Mineral Development, Inc. states, "The discovery that carbon black can be used for batteries is a leap in the right direction for us. Since the converter lends itself to the production of carbon black, and since carbon black can be used for batteries and the remanufacture of tires, there's a great deal of potential with regard to the profitability of creating and using the converter."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
The market for carbon black includes the manufacturing of new tires as well as for producing batteries, making it an even more important commodity than the company had originally thought. Carbon black sells for approximately $0.46 per pound.
A prototype unit was put to the test, showing that the converter yields more than 95% of usable product after it converts the materials put into it. The fully-operational converter is the size of a truck bed. However, the goal is to fabricate and test a portable unit that can be taken to remote sites for conversion and environmental cleanup jobs. Funds are currently being raised to create a better, more efficient second generation unit.
Robert Matthews of Plateau Mineral Development, Inc. states, "The discovery that carbon black can be used for batteries is a leap in the right direction for us. Since the converter lends itself to the production of carbon black, and since carbon black can be used for batteries and the remanufacture of tires, there's a great deal of potential with regard to the profitability of creating and using the converter."
About Plateau Mineral Development, Inc.: Plateau Mineral Development has been in existence for over five years.
Safe Harbor Statement: This information includes certain "forward-looking statements." The forward-looking statements reflect the beliefs, expectations, objectives and goals of the Company management with respect to future events and financial performance. They are based on assumptions and estimates, which are believed reasonable at the time such statements are made. However, actual results could differ materially from anticipated results. Important factors that may impact actual results include but are not limited to commodity prices, political developments, legal decisions, market and economic conditions, industry competition, the weather, changes in financial markets and changing legislation and regulations. Matters discussed in this press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include but are not limited to risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company. Forward-looking statements are intended to qualify for the safe harbor provisions of Section 21E of the Securities and Exchange Act of 1934, as amended.
Monday, January 4, 2010
QUADRA Announces Advisory Board Appointments
LAS VEGAS, NV--(Marketwire - 01/04/10) - QUADRA PROJECTS INC. (OTC.BB:QPRJ - News) ("Quadra" or the "Company"), its stock quoted on the OTC BB under the trading symbol "QPRJ," announces the appointment of the following persons to its Advisory Board.
The members appointed are:
Ernest Daddey B.sc. (Hon) is an award-winning materials scientist, with twenty years of international, proven expertise in innovation, research, product development, business development and manufacturing. Experience has included work as a materials chemist and project manager until 2005 with Creo Inc. (now Kodak) where he was part of a team which grew corporate business by $100M in 18 months.
Johannes Kriswanto, MSc Eng, Boston University, MA, USA, 1994
A strong visionary leader in Information Technology (Information Systems) with 25 years experience in the Telecommunication Industry and more than 5 years in the wireless environment. A Project Management Professional ("PMP") certified project manager with more than 10 years experience in program, project management and PMO implementation, managing multiple complex and large projects in an enterprise-wide environment in IT and the Telecommunication Industry.
Bert Kelm B. Eng an experienced project management engineer with over 30 years experience in managing large scale projects in North America including managing large scale projects for Honeywell.
Robert Lau is the President and CEO of Clayton, Dunning Global Partners LLC. Mr Lau is a graduate of Yale University and has graduate training in Economics. He has been involved full time in the investment industry for over 44 years. He has been engaged in a broad range of securities activities, including retail, and institutional brokerage, investment management, Investment banking and securities research.
Management is pleased with these appointments and is confident that these appointees will make significant contributions to the Management team and the Board, with their breadth of international and technical knowledge. Further with their experience they will be a valuable information source to assist Management and the Board with the Company's strategic planning, corporate governance, technical review and product development.
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.
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 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.
The members appointed are:
Ernest Daddey B.sc. (Hon) is an award-winning materials scientist, with twenty years of international, proven expertise in innovation, research, product development, business development and manufacturing. Experience has included work as a materials chemist and project manager until 2005 with Creo Inc. (now Kodak) where he was part of a team which grew corporate business by $100M in 18 months.
Johannes Kriswanto, MSc Eng, Boston University, MA, USA, 1994
A strong visionary leader in Information Technology (Information Systems) with 25 years experience in the Telecommunication Industry and more than 5 years in the wireless environment. A Project Management Professional ("PMP") certified project manager with more than 10 years experience in program, project management and PMO implementation, managing multiple complex and large projects in an enterprise-wide environment in IT and the Telecommunication Industry.
Bert Kelm B. Eng an experienced project management engineer with over 30 years experience in managing large scale projects in North America including managing large scale projects for Honeywell.
Robert Lau is the President and CEO of Clayton, Dunning Global Partners LLC. Mr Lau is a graduate of Yale University and has graduate training in Economics. He has been involved full time in the investment industry for over 44 years. He has been engaged in a broad range of securities activities, including retail, and institutional brokerage, investment management, Investment banking and securities research.
Management is pleased with these appointments and is confident that these appointees will make significant contributions to the Management team and the Board, with their breadth of international and technical knowledge. Further with their experience they will be a valuable information source to assist Management and the Board with the Company's strategic planning, corporate governance, technical review and product development.
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.
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 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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