Evolution Resources Signs Testing Services Agreement With North Carolina State University
13 1월 2010 - 11:20PM
PR Newswire (US)
CLARKSDALE, Miss., Jan. 13 /PRNewswire-FirstCall/ -- Evolution
Resources, Inc. (OTC:EVLN) (BULLETIN BOARD: EVLN) (the "Company")
an advanced biofuels production company focused on the production
of cellulosic ethanol using the latest in modern processes and
technologies, today announced the signing of a Testing Services
Agreement (the "Agreement") with North Carolina State University
("NCSU"). Under the terms of the Agreement, NCSU's Department of
Wood and Paper Science will work with the Company to test and
improve existing laboratory-scale technology within a larger
pilot-scale system. The technology involves enzymatic carbohydrate
conversion of woody biomass to fermentable sugars. North Carolina
State's Department of Wood and Paper Science has produced
engineers, scientists, technologists, and management professionals
in the forest products industry for over fifty years, and is
considered to be one of the leading educational institutions for
this sector in the country. Evolution Resources is currently
focusing its efforts of certain proposed projects that if
successfully implemented and completed, will leverage existing
assets and infrastructure to significantly shorten the time frame
required to establish commercial scale cellulosic ethanol and
biodiesel production facilities and "repurpose" certain industrial
operations to provide the key biomass components. About Evolution
Resources, Inc. Evolution Resources, Inc. (OTCBB: EVLN) is a
renewable energy company focused on the production of cellulosic
ethanol transportation fuels. Presently, the company is pursuing
certain proposed projects that will leverage existing distressed
assets and infrastructure in the Southeast and Northwest. The
Company's management team shares key members with Evolution Fuels
(Pink Sheets: EVFN), which recently announced a dividend of EVLN
stock to its shareholders as detailed in a press release issued by
Evolution Fuels on November 27, 2009. For additional information on
Evolution Resources, please visit its corporate website:
http://www.evoresources.com/. Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within
the meaning of the federal securities laws. In this context,
forward-looking statements may address the Company's expected
future business and financial performance, and often contain words
such as "anticipates," "believes," "estimates," "expects,"
"intends," "plans," "seeks," "will," and other terms with similar
meaning. These forward-looking statements by their nature address
matters that are, to different degrees, uncertain. Although the
Company believes that the assumptions upon which its
forward-looking statements are based are reasonable, it can provide
no assurances that these assumptions will prove to be correct. In
connection with the "safe harbor" provisions of the federal
securities laws, including the Private Securities Litigation Reform
Act of 1995, important factors that, among others, could cause or
result in actual results and experience to differ materially from
the Company's anticipated results, projections, or other
expectations are disclosed in the Company's filings with the
Securities and Exchange Commission. All forward-looking statements
in this press release are expressly qualified by such cautionary
statements, risks, and uncertainties, and by reference to the
underlying assumptions. DATASOURCE: Evolution Resources, Inc.
CONTACT: Investors, Stacey Yonkus, Principal of CSIR Group, LLC,
+1-212-386-7081, , for Evolution Resources, Inc. Web Site:
http://www.evoresources.com/
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